Cuban peso equals 100 statavo. Banknotes are available at 100, 50, 20, 10 and 5 pesos, and coins in 1 pesos, 20, 5, 2 and 1 statavo.
There are two types of local currency, the non-convertible peso (CUP) used for internal driving and having only convertible peso in Cuba (CUC, CUC, or convertible, attached to the United States dollar in the ratio of 1:1, 08), used to calculate foreign tourists. All goods and services, including transportation and airport charges, should be paid in convertible pesos. CUC is also identified by most tourism prices Areas and resort areas, with both types of local currency often provided.
In some tourism areas, the euro, Pounds of sterling, Canadian dollars and Swiss francs are accepted. The United States dollar in Cuba has ceased.
Banks work from 8:30 to 12:00 and from 13:30 to 15:00, Saturday from 8.30 to 10.30.
Currency can be exchanged at the bank exchange bureau, as well as in most hotels. Hotels, restaurants and shops take credit cards from the world's top pay systems other than North Americans. No credit card issued by any U.S. bank will be accepted, but cards and travel cheques in another currency are freely accepted. Travel checks in United States dollars and Pounds of sterling are unrestricted, provided they are issued by a non-United States bank.
A fee of 10 per cent of the amount exchanged is charged in United States dollars exchange transactions (no fee is charged for other currencies). All credit card transactions are taxed at 11, 24%.