"Blessed are the peacemakers for they will be called sons of God"

Home About Black Cuba Partners Links Services Press Room
Travel Contact Black Cuba Shopping Mall Classifieds Events Editorial


Money in Cuba has always been problematic, especially for Cubans since 1959 and those who do not have relatives or friends in the USA to help support them. Possession of US dollars in Cuba used to be a crime. The reality of Cuba today is dollars supplement the inadequacy of the wages of the average person in Cuba. Many professionals in Cuba have simply quit their professions and taken up jobs in the tourism business or private entrepreneurial activitie where considerably more money can be made.

In addition to the US dollars, the Euro is being more widely embraced and accepted in Cuba, especially by the government of Cuba. Tourist may receive "Cuban tourist pesos" as change. This Cuban tourist money is equally exchangeable for US dollars of the same amount: 1 US dollar equals 1 Cuban tourist peso. The national currency of Cuba, while originally exchangeable as 1 peso=1 dollar, is worth about US 4 cents. During the Special Period, a national Cuban peso was worth less than one US penny (124 national Cuban pesos for one US dollar).


AIDS in Cuba Flea Markets
Architecture Food
Art Fun
Barbecuba Gifts
Baseball Internet
Books JAZZ
Cars Jewelry
Charities Jobs
Churches Money
Cigars Music
Consultants Photography
Crafts Rum
Dance Santeria
Drinks Technology
Entertainment Youth
Cuba AIDS Project CyberCuba ® Internet Physician Varadero Sun
Cuba Morning Star ™ Mi Malecon Cuban Business Journal ® Scuba Cuba ®
Cuba Aficionado ® European Union Cuba Cuba Biotechnology Company ® Privacy
Global Denver ® TEXAS CUBA Project European Union Terms of Use

email image

havana bay mark®

© Copyright  Havana Bay Company, Inc. All rights reserved.