What is the level of financial literacy among the Cuban population?

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 ... The Cuban peso (in Spanish peso cubano, ISO 4217 code: CUP) also known as moneda nacional, is the official currency of Cuba. Oct 7, 2020 ... Second is the so-called Convertible Peso (CUC), whose value is pegged to the US dollar, and is generally used to pay for more luxury items. What is the Best Currency to Use in Cuba? Legally, the only currency you can use in Cuba is the Cuban peso (CUP). However, most Cubans would be glad to accept ... Cuba has two currencies, and understanding the difference between the two can be a bit confusing. We'll do our best to outline the practical ways of using ... Jan 14, 2025 ... What does this mean? Expand all. Exercise a high ... If you run out of money in Cuba, you can try to have funds transferred via Asistur. Nov 28, 2019 ... The issue of this fee had not attracted much attention from Cubans, since individuals used predominately the national currency (CUP) and the ... Jan 1, 2023 ... ... currency, for people who have euros or other foreign currency. The vast majority of Cubans do not have access to such currency. On June 10 ... 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 ... Jun 24, 2022 ... Another controversial issue is the currency used to deliver remittances in Cuba. The Cuban Convertible Peso no longer exists, and the ...