In this blog post I will discuss how to obtain Cuban currency so that you can use in the country. Be aware most places in Cuba DO NOT accept cards and herefore you will need cash for everything.
With that being said bring plenty of cash to exchange at either the airport or popular hotels, where exchanges are possible. When exchanging from the dollar to the Cuban Convertible Peso a surcharge of 10% will be charged, meaning if you exchange $100 dollars you will only receive 87 CUC (Cuban Convertible Peso) even though the exchange rate is one to one.
With these known exchange factors working against you I would recommend instead using dollars to buy Euros or Canadian dollares then converting to the CUC upon arrival at the airport. By doing so you would avoid the 10% exchange fee and gain more for your money. I bought Canadian dollars for my trip since it’s currently cheap against the dollar and to avoid the 10% fee at my bank for free. Be aware some currency exchange transactions can take up to 4 days out, so therefore plan accordingly with your trip plans.
Credit for this travel hack goes out to my good friend and fellow traveler Mikey Lewo.