Showing posts with label Cuba Cars. Show all posts
Showing posts with label Cuba Cars. Show all posts

Sunday, July 31, 2011

CUBAN MONEY

3 convertible pesosImage via Wikipedia
CUBAN CONVERTIBLE PESOS



Cuban Pesos and US dollars and all other convertible currencies from all countries are more freely circulating in Cuba.

National Bank of Cuba released PESO CONVERTIBLE as Cuba's official currency for both Foreigners and Cubans living  and travelleing in Cuba.

CUBAN TRAVEL MONEY
Also the Cuban Central Bank (BCC) established the offical Cuban peso exchange rate for US dollars to Convertible Pesos will not have a 10 per cent tax.
The extra fee was applied to nationals and foreign visitors in all Cuban  shopping dollar stores, Cuban hotels, bars, cafeterias, taxis, Cuban rent-a-car agencies and any other Cuban owned business that accepts cash payments in US dollars.

For many years toourist could not use american Dollars or any other foreign currency in Cuba.  Visitors to Cuba could bring dollars a tax only to get hit with a 10% tax at the exchange for Cuban Convertible Pesos
This special fee or tax would not be applied to other currencies such as Euros, UK Pounds or Canadian Dollars. Cuban tourist would change them while in holidaying in Cuba with no tax to US dollar exchange.
So now, in Cuba , there are two different currencies:

Cuban Foreign Tourist:   CUBAN CONVERTIBLE PESOS
For Cuban Citezens:           CUBAN PESOS

1 Cuban Convertible Peso = 24 Cuban Pesos

Cuban Exchange RATES:  Euros, Canadian dollars, Pounds, Swiss francs, and others for cuban convertible pesos.
FOREIGN Exchange Rates for those currencies are set in accordance to established daily currency exchange rates on the international market.

Cuban Pesos are required to take Cuban buses or guaguas or to buy vegetables and fruits at Cuban markets or to buy juice or a pizza in the streets.
There are places that accept only Pesos Convertibles and other places only cuban pesos.

Toourist can buy Cuban pesos convertibles at any airport, bank, Money Exchange Offices, called CADECA where these offices are all over Cuba.
 Best place to exchange your money for Cuban Pesos is in the CADECAs or at any local bank.
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Friday, February 19, 2010

CUBA TOURISM

More than 100,000 Americans visited Cuba last year. Cuba is among the world's fastest growing travel destinations.

Its beaches are the best in the Caribbean, its culture is unique in Latin America, and its history is fascinating. All this, and an exceptionally warm welcome from the Cuban people, make the island so attractive to millions of tourists from around the world.
Canada offers you the easiest and safest way to reach Cuba!
Canadians were the first to reopen the Cuban tourist industry in the early 1970s. Canada has a strong tradition of promoting tourism in Cuba. We would like to share our experience with you.

The quality of Cuba's tourist infrastructures has improved a great deal over the last 30 years. For example, you don't fly in old Russian planes anymore. Modern Boeing, Lockheed and Airbus planes will bring you to Cuba. These airplanes are operated by recognized international air carriers. You will also be surprised to see many Mercedes-Benz tourist buses on Cuba's highways.
Today, Cuba also offers a wide variety of hotels, from cheap government-owned facilities to 5-star world-class resorts operated by the best European chains. During your stay in Cuba, you will enjoy, at your convenience, local dishes or some of the world's finest cuisine. Most hotels in Cuba now hire foreign chefs from Canada, France and Italy to ensure that the food they serve will delight the 1.5 million tourists visiting the island.
USA-CUBA TRAVEL

Money & Travel in Cuba