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Using American money

Ottawa Canada
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469 posts
12 reviews
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Using American money

Hi there

I have some American bills to buy some stuff in cuba with. Is that a problem now? Should I change it into Canadian before going down?

Thanks

Calgary, Canada
Destination Expert
for Waterton Lakes National Park, Nelson
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2,682 posts
95 reviews
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1. Re: Using American money

Yes. You will be charged a service charge for your US money. Take Canadian money with you.

Barcelona, Spain
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15,713 posts
164 reviews
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2. Re: Using American money

Be sure to bring Canadian funds, the Canadian dollar is actually worth a little more than the CUC, keep your US funds for another time.

Newton Aycliffe...
Destination Expert
for Cuba, Rafael Freyre, Guardalavaca, Holguin
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101,486 posts
57 reviews
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3. Re: Using American money

If you change your American dollars in Cuba you will be charged a 10% surcharge so better to change them in Canada to Canadian dollars.

Ottawa Canada
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469 posts
12 reviews
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4. Re: Using American money

Thanks! Will do. Canadian is worth more than a CUC now? That is awesome :)

Newton Aycliffe...
Destination Expert
for Cuba, Rafael Freyre, Guardalavaca, Holguin
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101,486 posts
57 reviews
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5. Re: Using American money

Not quite true. At yesterday's exchange rate 1 Cdn dollar was worth 0.9902 CUC's.

It has been over par with the CUC for a week or two but it has just dropped back a shade now.

Edinburgh, United...
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671 posts
54 reviews
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6. Re: Using American money

Hi Bellagio: any idea how the £ sterling is faring at the moment?

Thanks :-)

Newton Aycliffe...
Destination Expert
for Cuba, Rafael Freyre, Guardalavaca, Holguin
Level Contributor
101,486 posts
57 reviews
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7. Re: Using American money

It's weakening since I was there in April/ May when it touched 1.61 0n April 29th. The website didn't update last night with today's rate but it was trading at 1.55980 CUC's to £1 yesterday.

Edinburgh, United...
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671 posts
54 reviews
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8. Re: Using American money

Thanks, not great that it seems to be falling but it's still a much better rate than we had last year....CUC 1.34 to the £ if memory serves :-)

Newton Aycliffe...
Destination Expert
for Cuba, Rafael Freyre, Guardalavaca, Holguin
Level Contributor
101,486 posts
57 reviews
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9. Re: Using American money

I'm sure it will strengthen soon, at least I hope so for both our sakes.

Edinburgh, United...
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671 posts
54 reviews
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10. Re: Using American money

LOL.... keep those fingers and toes crossed!!!