What are the potential implications of political changes for the Cuban economy?

Two currencies are used in Cuba: the Cuban peso (CUP) and Cuban peso convertible (CUC). This is something like crowns and vouchers in former CSSR in the past. How do I get Cuban pesos, and what is the exchange rate? Cuba's currency is called the peso, CUP, or moneda nacional. Visitors can purchase Cuban pesos at ... Cuba used to have two currencies. Cuban citizens used regular Cuban pesos ... Then there are the places where only a charge card will do. They include ... Dec 16, 2020 ... Alongside the Cuban peso it created the CUC, a convertible currency pegged to the dollar at one to one. It hoped this would prevent Cubans from ... ... currency with which to purchase automobiles and other American products. He ... have more knowledge of Cuba. It was pointed out that Mr. Hoyt3 had ... Dec 11, 2020 ... ... currency and multiple exchange ... HOW DOES CUBA'S MONETARY SYSTEM WORK? For nearly three decades, two currencies have circulated in Cuba ... Dec 15, 2016 ... ... Cuba and what was at the time Czechoslovakia were part of the communist bloc. Cuba now does not have much money but it does have lots of rum ... Feb 13, 2023 ... Why does Cuba have two currencies? Cuba has a somewhat complex dual currency system, using both the Cuban Peso (Moneda Nacional / CUP) and ... Jan 25, 2024 ... Others point to the damage caused by longstanding US economic sanctions that, to varying degrees, have been in place since 1962. But which of ... You will be denied entry if you do not have a valid travel document or try ... The Cuban national peso (CUP – 'moneda nacional') is the official currency and ...