What is the optimal exchange rate regime for Cuba?

Oct 29, 2024 ... The values of the informal exchange rate estimated through alternative methodologies are not identical, but they do coincide at key turning ... What Kind of Money is Used in Cuba? ... The Cuban currency is known as the CUP, or Cuban Peso. It is also referred to as "moneda nacional" - or "national money". Jan 7, 2024 ... ... do in Cuba. I generally prefer to use ATMs to get local currency but it appears that ATMs might not be readily available and reliable. How to convert Cuban pesos to Nigerian nairas · Input your amount · Choose your currencies · That's it. Mar 3, 2021 ... Minister of Economy and Planning Alejandro Gil referred to the role of the market: “We have a price system that does not give clear market ... Jan 14, 2021 ... Cuba removed from circulation the convertible peso (CUC); only the CUP and USD will remain. · Cubans can exchange their convertible pesos (CUCs) ... Jul 30, 2023 ... Cuba's official currency is the CUP - Peso Cubano. Foreign currencies (especially USD and EUR) are also widely used. Mar 27, 2025 ... Cuba uses the Cuban Peso (CUP), also known as “moneda nacional.” Technically, this is the only legal tender used across the country since the ... Apr 28, 2022 ... Cubans themselves still used the local currency, the CUP, but ... So, what do we recommend? To an extent this depends on the sort of ... Sep 15, 2021 ... CSIS does not take specific policy positions. Accordingly, all views, positions, and conclusions expressed in this publication should be ...