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
Stay up to date with the latest Offical Exchange Rate ➜ www.cadeca.cu/en
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
Жыл бұрын
Thank you for the update!
Mike - great video - the examples were really helpful.
This is a great video. Thank you, I definitely will not exchange at the hotel but will use black market
Thanks for posting! Definitely helped clarify things before my trip.
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
Жыл бұрын
Thank you for the update! 😀
@deeh3053
Жыл бұрын
I will be visiting in a few weeks. I’m so excited🎉🎉
all your cuba videos helped me out thank you
Another extremely helpful video!!!
You're doing great..i really appreciate.. you're helping others from your videos ❤
Thanks! Great info!
Great content ❤
Very informative 😊
Great content bro you're amazing 😍❤
Great video youre a life saver
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
11 ай бұрын
Well then you paid way too much for everything you got played
Great video ! Traveling to Cuba for religious reasons.
Super helpful info thanks for posting!!!
I had no idea. Thanks
thanks very helpful 👍
Very nice video ❤
Great Video. How much would you suggest someone bring with them to Cuba to exchange?
Thanks for sharing.
@MikeTravelz
Жыл бұрын
Appreciate the comment
Awesome Video thank you Do they accept CC on restaurants and hotels?
Great vlog, going to Cuba in two weeks can’t wait ! This fantastic information for a first trip to this wonderful country 👏🏽
@davidepstein4242
11 ай бұрын
Question, do you know passport requirements to travel into Cuba from the USA!
@andyukh1625
11 ай бұрын
@@davidepstein4242 I’m not sure from the USA as travelling from the UK my friend!
@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
11 ай бұрын
@@wambuimutahi3930Hey how was your trip?? I am going next week!
Thanks for your information and guidance. May you think is it safe to exchange on streets ?
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
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
Hey Mike! Does the staff at the resorts help exchanging the money too with black market price? I am staying in Varadero. Thanks!
Hello love your videos. So how much in all did you spend in Cuba US$
Mike Mike what up doe ✊🏾 Bro post some info content
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
Жыл бұрын
Thank you for the comment!
For a 5 day trip for a party of two, much US cash should you bring
Where did you take the cooking class?!
I will be traveling to Cuba from Mexico Will I be able to change Mexican pesos into Cuban?
How did you get a cab in the black market?
Hi bro where is the best palce to stay Air B and B Bro TJK
Just usd and euros or british pound also?
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
Жыл бұрын
I had someone set up the tours on ViaHero.com
@mytutay878
Жыл бұрын
@@MikeTravelz awesome! Thank you so much Mike 😊
Hey Mike can I get the itinerary
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?
It's now closer to 300-340 cup per $1
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
Жыл бұрын
U get the visa at the airport from the airline
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
What about credit cards, can we pay with credit cards for food and taxi service like we do here with Uber ?
@MikeTravelz
Жыл бұрын
Great question! You cannot pay with credit or debit cards,only cash. There is no Uber.
@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!?
No credit cards in Cuba?
How much money would be a good amount to expect to spend per dia?
@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
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?
I used Canadian $$$$
You should update your video. There are no more CUC only CUP.
Are there any chances to get fake cuban peso when exchanged on streets
any tips on how to avoid getting fake CUPs?
I still have some CUC. still possible to exchange ? (january 2023)
@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!
do u know any bangali people i cuba pz
Where u at
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
Жыл бұрын
😂 There's a lot, you'll find one when you get there.
Sad that covid hit cuba so hard 😢
Mistake 1 was having left the airport with usd.
Where’s your top lip at ?
@MikeTravelz
Жыл бұрын
😂😂
I hope america can lift their sanctions so that Cuba can do better
Please don’t travel to Cuba🙏🏽 your dollars only go to the abusive regime 😞
Hey brotha do you have a Instagram I have a couple questions about the stays in Cuba
@MikeTravelz
Жыл бұрын
Send me a message @Miketravelz
Don't think I'll be going back to Cuba anytime soon
@MikeTravelz
Жыл бұрын
😂😂😂
@JuanLuis-in2fc
Жыл бұрын
OMG It's Tony Montana