photo sharing and upload picture albums photo forums search pictures popular photos photography help login
Photo.Keely | all galleries >> Galleries >> Favourites > CUC - Convertible Pesos
previous | next
18-APR-2013 Dick Keely

CUC - Convertible Pesos

Havana, Cuba

The Convertible Peso (CUC), occasionally referred to as "dollar" in spoken language, is one of two official currencies in use in Cuba.
The other is the Peso (CUP), sometimes called the "national peso" or in Spanish moneda nacional.
Cuban state workers receive a portion of their wages in convertible pesos, the rest in national pesos.
Shops selling basics, like fruit and vegetables, generally accept only the normal peso, while "dollar shops" sell the rest.
The word "pesos" may refer to both non-convertible and convertible money.
Cuban convertible pesos are 25 times more valuable, but this does not completely eliminate the confusion for tourists.
Since goods bought in national pesos have controlled prices, tourists are sometimes confused by prices perceived as "too cheap."
There is a three-peso note but there is no two-peso note. Reference: Wikipedia


other sizes: small medium original auto
share
Helen Betts12-May-2013 20:16
Quite a colorful and interesting image, very effectively captured. Thanks for the info as well. V.
Martin Lamoon12-May-2013 18:35
Interesting facts, Tourists beware...
V
Type your message and click Add Comment
It is best to login or register first but you may post as a guest.
Enter an optional name and contact email address. Name
Name Email
help private comment