Which currency was primarily used by tourists in the dual currency system?

Feb 26, 2025 ... The currency doesn't exist as cash and its value is pegged with the US dollar. It's used mainly by Cubans with special magnetic cards. 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 ... The currency code for Cuban Peso is CU. Use ClearTax currency converter to convert Cuban Peso to all major currencies and check Cuban Peso's historic chart. 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) ... The only official currency in Cuba since January 1, 2021 is the CUP (Cuban Pesos). It is important to mention that the exchange of US dollars to Cuban pesos is ... The currency of Cuba now is the Cuban Peso and of course it is not worthless to Cubans as that is what they use to buy their essentials . It is really a shame ... Feb 10, 2021 ... In 1994, the Cuban government introduced a new “convertible” Cuban peso (CUC) to substitute the US dollar for use in Cuba at an exchange rate of ... Dec 10, 2024 ... I bring both CAD and USD. Drivers preferred to be paid in USD last Jan. I used pesos in paladares, or CAD. Feb 19, 2021 ... CURRENCY CHANGES. One of the biggest changes in Cuba since 1 January 2021 concerns the Cuban currency. · $CUC · $CUP Now, however, there is just ... Apr 7, 2021 ... Cuban central bank approves new money transfer app. DO NOT USE havana-cuba ... Cubans can hold foreign-currency accounts. The funds can be ...