augiesmom Posted August 4, 2018 #1 Share Posted August 4, 2018 Heading to Cuba in January 2019. Does it make more sense to bring euros with us, for exchange in Cuba? This would eliminate the 10% penalty we would encounter with US dollars, correct? Or with the exchange rate being what it is, are we still better off dealing with dollars exchanged into cuc Link to comment Share on other sites More sharing options...
victory2020 Posted August 6, 2018 #2 Share Posted August 6, 2018 Heading to Cuba in January 2019. Does it make more sense to bring euros with us, for exchange in Cuba? This would eliminate the 10% penalty we would encounter with US dollars, correct? Or with the exchange rate being what it is, are we still better off dealing with dollars exchanged into cuc Yes, there is a penalty for American $. We brought Canadian. We were also able to use American $ for some purchases last May. Link to comment Share on other sites More sharing options...
FredZiffle Posted August 6, 2018 #3 Share Posted August 6, 2018 If you can buy CAN $ or Euros with no fees from your bank, you'll save a few dollars. If you're only going to exchange a couple of hundred and have fees attached, it's generally not worth the trouble. Link to comment Share on other sites More sharing options...
cpayne Posted August 8, 2018 #4 Share Posted August 8, 2018 What is the CUC to $ exchange rate at the port? Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
FredZiffle Posted August 8, 2018 #5 Share Posted August 8, 2018 What is the CUC to $ exchange rate at the port? Sent from my iPhone using Forums 1 US $ = 1 CUC, minus 10% penalty and 3% conversion fee. Link to comment Share on other sites More sharing options...
tunaman2011 Posted August 8, 2018 #6 Share Posted August 8, 2018 What is the CUC to $ exchange rate at the port? Sent from my iPhone using Forums Greetings You end up with 87 CUC and a wee bit of change per $100 US. And just so you are not surprised, there is a 3CUC denomination. Good Sailing Tom Link to comment Share on other sites More sharing options...
mdsgu Posted August 11, 2018 #7 Share Posted August 11, 2018 We took Euros. If all my math is correct, I came out $25 ahead. On the way out, they don't ask what currency you want, you get US dollars. There is no 10% tax going from CUC to US, though. Link to comment Share on other sites More sharing options...
pizzalady1 Posted August 11, 2018 #8 Share Posted August 11, 2018 We took Euros. If all my math is correct, I came out $25 ahead. On the way out, they don't ask what currency you want, you get US dollars. There is no 10% tax going from CUC to US, though. How much did you exchange? Link to comment Share on other sites More sharing options...
mdsgu Posted August 11, 2018 #9 Share Posted August 11, 2018 how much did you exchange? US$800. And I still came back with US$180 after paying for our tour, tips, rums, lunch, and few drinks along the way! Link to comment Share on other sites More sharing options...
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