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Cuba

Currency in Cuba: what to use and how to exchange

Cuba uses the Cuban peso (CUP), and cash is the rule: bring euros or US dollars in clean, untorn notes and exchange at a bank, CADECA office or your casa particular. Cards issued by US banks do not work, and card acceptance is patchy even where it is legal, so plan to fund the whole trip in cash.

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Field checked
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Plan calculated
Worked out by Voykit from its own data (times, distances, budgets). A calculation, not a measurement.

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Updated Sep 20263 min read

Key facts

Currency
Cuban peso (CUP); dollars and euros widely used in cash
Best to bring
Euros or US dollars, clean and untorn, in mixed notes
Where to exchangecheck
Bank or CADECA office; many casas particulares also exchange
Cardscheck
US-issued cards do not work; other cards accepted only at some hotels and state shops
ATMscheck
Exist in Havana and larger cities but often empty or offline
Cash to carry
Enough for the whole trip; assume no reliable card or ATM backup
Tipping
Expected: 10% in restaurants, a dollar or two for musicians and guides

Details

Cuba runs on cash. The official currency is the Cuban peso (CUP), and the country's own guidance for visitors has long been to bring cash rather than rely on cards. Since the 2021 currency reform there is a single peso, so you no longer have to choose between two currencies at the counter — but you still have to choose what to carry in.

Euros and US dollars are the practical choices. Both are accepted in cash in many private transactions, and both can be exchanged for pesos. Notes must be clean, unmarked and untorn: Cuban cashiers and casas particulares routinely refuse damaged bills, and this applies to dollars and euros alike. Bring a mix of denominations, including small notes, because change is chronically short.

Exchange at a bank or a CADECA (the state exchange house) for the official rate, and keep the receipt. Many casas particulares will also change money for guests, often at a rate close to the street rate and without a queue; this is common practice, but confirm the rate before handing over notes. Do not change money with someone who approaches you on the street.

Cards are the weak point. Cards issued by US banks do not work in Cuba at all. Cards from elsewhere may work at some hotel desks and state-run shops, but acceptance is inconsistent and depends on the bank and the day. ATMs exist in Havana and larger cities but are frequently empty, offline or out of cash, so treat them as a bonus rather than a plan. Carry enough cash for the whole trip, split across two places, and keep a reserve that you do not touch until the last days.

Summary table

Summary table
ItemWhat to expectCheck
CurrencyCuban peso (CUP)No
Cash acceptedEuros and US dollars widely used in cashNo
Note conditionClean, untorn, unmarked notes onlyNo
Official exchangeBank or CADECA office; keep the receiptYes
Private exchangeCommon at casas particulares; agree the rate firstYes
US-issued cardsDo not workYes
Other cardsSometimes accepted at hotels and state shopsYes
ATMsPresent in Havana and larger cities; often empty or offlineYes
Tipping10% in restaurants; a dollar or two for musicians and guidesNo

Tips

  • Bring more cash than you think you need, in two separate places, and budget for the whole trip.
  • Ask for small notes when you change money; breaking a large bill is a daily problem.
  • Photograph your notes and serial numbers before you travel, in case of loss.
  • Keep exchange receipts; they are useful if you need to change pesos back.
  • If you are American, check the current OFAC rules before you go: tourism is not a permitted travel category, and card use is restricted.
  • Prices move with fuel and supply shortages, so treat any figure you read as a 2026 estimate and confirm locally.

FAQ

Questions people ask

What currency is used in Cuba?

The Cuban peso (CUP). Since the 2021 reform there is a single peso, and US dollars and euros are also widely used in cash for private transactions.

Where is the best place to exchange money in Cuba?

A bank or CADECA office gives the official rate and a receipt. Many casas particulares also exchange for guests, often faster and at a similar rate; agree the rate first. Avoid street offers.

Is it better to bring cash or use a card in Cuba?

Cash. US-issued cards do not work, other cards are accepted only patchily, and ATMs are often empty. Bring euros or US dollars in clean notes for the whole trip.

Do I need to bring US dollars specifically?

No. Euros work just as well and are often preferred. What matters is that the notes are clean, untorn and unmarked, and that you have small denominations.

Can I use an ATM in Havana?

ATMs exist in Havana and larger cities, but they are frequently empty or offline. Treat them as a backup, not a plan, and carry enough cash regardless.

Deep dive

Every source; changeable facts are marked check

Sources