How to Exchange Money in Cuba in 2022 | Cuban Currency

Stay up to date with the official exchange rate ➜ www.cadeca.cu/en
This video is about exchanging money in Cuba. If you’re traveling to Cuba, this video is important because there are two ways you can exchange money.
1. OFFICIAL METHOD
The official way to exchange money in Cuba is at the airport, at an exchange house, bank or hotel. If you go to one of these places you will get the official exchange rate which is about 1$ = 110 CUP. Cuban Pesos ( CUP ) is the currency that is used in Cuba. This exchange rate is horrible and will make your trip alot more expensive then what it should be.
2. "BLACK MARKET"
The black market is simply exchanging money with local cubans. This is hands down the best way to exchange money in Cuba because the rate is ALOT higher then the official exchange rate.
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Chapter
0:00 intro
0:30 Cuba Official Exchange Rate
1:30 Black Market Exchange Rate
2:42 Why you need the Black Market Rate
4:30 How to exchange your money
6:30 Can you play with US dollars
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Пікірлер: 85

  • @MikeTravelz
    @MikeTravelz Жыл бұрын

    Stay up to date with the latest Offical Exchange Rate ➜ www.cadeca.cu/en

  • @steveg8998
    @steveg8998 Жыл бұрын

    Hi Mike, as just a month ago or two from the date of your video of 11/10/22, The Government updated the currency for (1) USD = 110-120 Cuban Pesos that also applies to Euros at the Cadeca's for Official.

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    Thank you for the update!

  • @EricSchwab-cy4gj
    @EricSchwab-cy4gj Жыл бұрын

    Mike - great video - the examples were really helpful.

  • @Unlimited____________642
    @Unlimited____________642 Жыл бұрын

    This is a great video. Thank you, I definitely will not exchange at the hotel but will use black market

  • @kristinalouise9141
    @kristinalouise9141 Жыл бұрын

    Thanks for posting! Definitely helped clarify things before my trip.

  • @amilysGisler
    @amilysGisler Жыл бұрын

    Hola Mike, 2 weeks ago the change was 110 instead of 24 Cuban pesos but the money in Cuba is still crazy🤣🤣. You passed very close to my house in Havana🤩 a new subscriber.Thank you!!

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    Thank you for the update! 😀

  • @deeh3053

    @deeh3053

    Жыл бұрын

    I will be visiting in a few weeks. I’m so excited🎉🎉

  • @wordsareweapons
    @wordsareweapons Жыл бұрын

    all your cuba videos helped me out thank you

  • @katemeltaus3365
    @katemeltaus3365 Жыл бұрын

    Another extremely helpful video!!!

  • @Topten-M
    @Topten-M3 ай бұрын

    You're doing great..i really appreciate.. you're helping others from your videos ❤

  • @acm2002
    @acm20023 ай бұрын

    Thanks! Great info!

  • @user-pr7is1tn6p
    @user-pr7is1tn6p3 ай бұрын

    Great content ❤

  • @hyf-nr5rs
    @hyf-nr5rs3 ай бұрын

    Very informative 😊

  • @g-nk3po
    @g-nk3po3 ай бұрын

    Great content bro you're amazing 😍❤

  • @JuanLuis-in2fc
    @JuanLuis-in2fc Жыл бұрын

    Great video youre a life saver

  • @brannen7
    @brannen7 Жыл бұрын

    I was just in Cuba for a full day trip w/my son. Everywhere I went, cabs, buying coffee, cigars, alcoholic drinks at various hotels and restaurants. ALL took U.S. dollars. I never had to buy their local currency.

  • @josephlanteigne5917

    @josephlanteigne5917

    11 ай бұрын

    Well then you paid way too much for everything you got played

  • @themischievousbrat5525
    @themischievousbrat5525 Жыл бұрын

    Great video ! Traveling to Cuba for religious reasons.

  • @yourmother9246
    @yourmother9246 Жыл бұрын

    Super helpful info thanks for posting!!!

  • @visitingyu3556
    @visitingyu3556 Жыл бұрын

    I had no idea. Thanks

  • @simona3528
    @simona3528 Жыл бұрын

    thanks very helpful 👍

  • @Asim-oe6rh
    @Asim-oe6rh4 ай бұрын

    Very nice video ❤

  • @Mike-hq7mn
    @Mike-hq7mn Жыл бұрын

    Great Video. How much would you suggest someone bring with them to Cuba to exchange?

  • @BigEbusa
    @BigEbusa Жыл бұрын

    Thanks for sharing.

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    Appreciate the comment

  • @FullMoon7
    @FullMoon75 ай бұрын

    Awesome Video thank you Do they accept CC on restaurants and hotels?

  • @andyukh1625
    @andyukh1625 Жыл бұрын

    Great vlog, going to Cuba in two weeks can’t wait ! This fantastic information for a first trip to this wonderful country 👏🏽

  • @davidepstein4242

    @davidepstein4242

    11 ай бұрын

    Question, do you know passport requirements to travel into Cuba from the USA!

  • @andyukh1625

    @andyukh1625

    11 ай бұрын

    @@davidepstein4242 I’m not sure from the USA as travelling from the UK my friend!

  • @wambuimutahi3930

    @wambuimutahi3930

    11 ай бұрын

    ​@@davidepstein4242Today I'd my first day in Cuba (From the U.S)... I booked a flight straight from the U.S and marked down that I was going to "Support the Cuban people", as that's the most common way for us to visit.

  • @jaycalloway3690

    @jaycalloway3690

    11 ай бұрын

    ​@@wambuimutahi3930Hey how was your trip?? I am going next week!

  • @rafiuddinjunejo7635
    @rafiuddinjunejo7635 Жыл бұрын

    Thanks for your information and guidance. May you think is it safe to exchange on streets ?

  • @DavidRamirez-bf9ou
    @DavidRamirez-bf9ou Жыл бұрын

    Great video bro. What month was this video recorded and the exchange rate info because i kno sone people upload their videos and experiences months after their trip

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    This was 3 months ago, the exchange rate is different now. It’s going to continue to fluctuate. Find out the rate once you get there

  • @kuldeepSingh-dv1wt
    @kuldeepSingh-dv1wt4 ай бұрын

    Hey Mike! Does the staff at the resorts help exchanging the money too with black market price? I am staying in Varadero. Thanks!

  • @candaceharris617
    @candaceharris617 Жыл бұрын

    Hello love your videos. So how much in all did you spend in Cuba US$

  • @abrocadabruhsupercalifragi6510
    @abrocadabruhsupercalifragi6510 Жыл бұрын

    Mike Mike what up doe ✊🏾 Bro post some info content

  • @sayiddahbey4718
    @sayiddahbey4718 Жыл бұрын

    DRO and DRT aka divine right order and divine right timing. I'm going to Santiago De Cuba in January and I needs to know this. Thank you so much.

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    Thank you for the comment!

  • @DaveThaWave-yq5qz
    @DaveThaWave-yq5qz Жыл бұрын

    For a 5 day trip for a party of two, much US cash should you bring

  • @richardschmidt832
    @richardschmidt83210 ай бұрын

    Where did you take the cooking class?!

  • @mikemcfarlane3340
    @mikemcfarlane3340 Жыл бұрын

    I will be traveling to Cuba from Mexico Will I be able to change Mexican pesos into Cuban?

  • @Travelingwithabbc
    @Travelingwithabbc Жыл бұрын

    How did you get a cab in the black market?

  • @JavedKhan-ox5qe
    @JavedKhan-ox5qe Жыл бұрын

    Hi bro where is the best palce to stay Air B and B Bro TJK

  • @dadbod7510
    @dadbod7510 Жыл бұрын

    Just usd and euros or british pound also?

  • @mytutay878
    @mytutay878 Жыл бұрын

    Hi Mike how do you schedule day tour in Cuba? Can you share a link please, the one I use don't have any for Cuba.

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    I had someone set up the tours on ViaHero.com

  • @mytutay878

    @mytutay878

    Жыл бұрын

    @@MikeTravelz awesome! Thank you so much Mike 😊

  • @samuelmojica9704
    @samuelmojica970411 ай бұрын

    Hey Mike can I get the itinerary

  • @theworldismine6940
    @theworldismine694010 ай бұрын

    Question bro. If we just walk down the street to ask for money, I'm scared they might give fake money in return. Is that a big issue out there?

  • @4DoorsENT
    @4DoorsENT2 ай бұрын

    It's now closer to 300-340 cup per $1

  • @NowWeEats
    @NowWeEats Жыл бұрын

    Question, how did you get into Cuba? US passport or another passport? Or how long did it take you to apply get a visa

  • @jonasbluntson5864

    @jonasbluntson5864

    Жыл бұрын

    U get the visa at the airport from the airline

  • @solenniak
    @solenniak Жыл бұрын

    Hi , thanks you for this video really help me on my trip to Cuba i buy my ticket 2 go 2 the island 4 july 6/2023 ,could you recommend me an AIRBNB ? 👍👍👍,it is incredible how 1 of the most beautiful island in the world is so destroyed

  • @azraelinarakoczy7862
    @azraelinarakoczy7862 Жыл бұрын

    What about credit cards, can we pay with credit cards for food and taxi service like we do here with Uber ?

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    Great question! You cannot pay with credit or debit cards,only cash. There is no Uber.

  • @JetSetDre

    @JetSetDre

    Жыл бұрын

    This was the question I was looking for . So essentially you’re saying there’s no way to access any of your money via ab ATM once you’re in Cuba!?

  • @ajohn502
    @ajohn5023 ай бұрын

    No credit cards in Cuba?

  • @jaimelopes7317
    @jaimelopes7317 Жыл бұрын

    How much money would be a good amount to expect to spend per dia?

  • @Travelingwithabbc

    @Travelingwithabbc

    Жыл бұрын

    It depends on how you have projected your days. I say expect to spend $70/day, but that’s on a very active day, not including taxis because once they notice you are not from there, the price per rides go to a ridiculous amount

  • @groundpounder21
    @groundpounder21 Жыл бұрын

    Lots of questions with no answers. Would be nice to answer them. Here's one,sir.....can you exchanged your leftover cuban pesos into American money on your way back? If so where?

  • @annmcveigh3235
    @annmcveigh3235 Жыл бұрын

    I used Canadian $$$$

  • @jeangalipeau6566
    @jeangalipeau6566 Жыл бұрын

    You should update your video. There are no more CUC only CUP.

  • @rafiuddinjunejo7635
    @rafiuddinjunejo7635 Жыл бұрын

    Are there any chances to get fake cuban peso when exchanged on streets

  • @petez_el_aventurero8137
    @petez_el_aventurero8137 Жыл бұрын

    any tips on how to avoid getting fake CUPs?

  • @24webdevelopment
    @24webdevelopment Жыл бұрын

    I still have some CUC. still possible to exchange ? (january 2023)

  • @LocalboyChetYoung

    @LocalboyChetYoung

    Жыл бұрын

    I have about $100us in CUC left over from my last trip to HAV jus before covid hit around Apr 2019. I was planning to go back this year & in updating my research found out that U can now only use CUP's as of DEC 2022. They said that CUC's are only great souvenirs now! Worthless!

  • @aliahmod3495
    @aliahmod3495 Жыл бұрын

    do u know any bangali people i cuba pz

  • @SoccerStoriesBeingTold538
    @SoccerStoriesBeingTold5388 ай бұрын

    Where u at

  • @jaymeez
    @jaymeez Жыл бұрын

    Glad I found your channel man. Cuba is high on my bucket list but with the job I currently got I can’t go. Soon as I switch jobs tho I’m out there! Sexy thick woman in the green dress 🍑 Hope I find her or another like her when I get out there 👍🏽

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    😂 There's a lot, you'll find one when you get there.

  • @garcipat
    @garcipat Жыл бұрын

    Sad that covid hit cuba so hard 😢

  • @Acteaon
    @Acteaon Жыл бұрын

    Mistake 1 was having left the airport with usd.

  • @StrivingForGlory_
    @StrivingForGlory_ Жыл бұрын

    Where’s your top lip at ?

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    😂😂

  • @TheDragonRelic
    @TheDragonRelic Жыл бұрын

    I hope america can lift their sanctions so that Cuba can do better

  • @lilyoquendo3485
    @lilyoquendo3485 Жыл бұрын

    Please don’t travel to Cuba🙏🏽 your dollars only go to the abusive regime 😞

  • @jesusmagallon8858
    @jesusmagallon8858 Жыл бұрын

    Hey brotha do you have a Instagram I have a couple questions about the stays in Cuba

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    Send me a message @Miketravelz

  • @hotstuff697
    @hotstuff697 Жыл бұрын

    Don't think I'll be going back to Cuba anytime soon

  • @MikeTravelz

    @MikeTravelz

    Жыл бұрын

    😂😂😂

  • @JuanLuis-in2fc

    @JuanLuis-in2fc

    Жыл бұрын

    OMG It's Tony Montana