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Refresher by ExGingi so that some parts of the last two segments are clearer:

Currency: The currency situation in Cuba is a bit crazy, but understanding the system is critical for not getting ripped off. There are two completely different currencies used, and both are - of course  - called pesos. The Convertible Peso, called CUC and pronounced kook, is tied to the dollar at 1:1. The Cuban Peso, called CUP and pronounced coop, is also tied to the dollar, but at 25:1. Are you writing all this down? No? Good. Now, the CUC is used mostly by tourists and upper-class places, while the CUP is the typical street money and is officially illegal for non-Cubans to use.

Now... even though the CUC is tied to the dollar, there's a 10% penalty for changing dollars, on top of the 3% official exchange fee. That means that for every dollar you only get to keep 87 cents. Knowing all this, in the weeks leading up to this trip we exchanged around $500 to CAD and EUR by friends and family. Arriving in Cuba, we exchanged these for CUC at the official exchange rate, and boom - 10% penalty avoided.

Author Topic: Viva La Revolución! Time-traveling to Cuba with Something Fishy, whYME, and CITH  (Read 12835 times)

Offline Work-for-ur-muny

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Awesome pics!!

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Great TR & pics.  enwhycee have fun brotha!

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Wow really fun and cool trip...can't wait for the rest

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Any eta?

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Any eta?

Hoping to have the next segment out pretty soon. My TR backlog is getting ridiculous, it's time I got going :D.
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Offline shulem92

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Hoping to have the next segment out pretty soon. My TR backlog is getting ridiculous, it's time I got going :D.

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Hoping to have the next segment out pretty soon. My TR backlog is getting ridiculous, it's time I got going :D.
Get an intern
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Online Something Fishy

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Get an intern

LOL, or outsource to India.
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Online mmgfarb

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LOL, or outsource to India.
Lol, you do want us to be able to read them right?
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

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Lol, you do want us to be able to read them right?

he was talking about outsourcing his real job  ;)

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he was talking about outsourcing his real job  ;)

ROFL ;D;D;D
Check out all my Trip Reports here!

Online Something Fishy

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Hoping to have the next segment out pretty soon. My TR backlog is getting ridiculous, it's time I got going :D.

Two more segments pretty much done, just waiting on some small changes. Should hopefully be posted pretty soon.
Check out all my Trip Reports here!

Offline shulem92

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Two more segments pretty much done, just waiting on some small changes. Should hopefully be posted pretty soon.

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What does this have to do with Cuba?
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