Currency recommendations for Cuba

Cuba has two official currencies: the Cuban convertible peso (CUC) and the national peso (moneda nacional or MN). Transactions involving foreigners almost always take place in Cuban convertible peso. When receiving change after a transaction, be aware that the national peso is worth substantially less than the Cuban convertible peso. Australian dollars cannot be exchanged in Cuba. The US dollar is not accepted as legal tender in Cuba, and attracts a large commission fee at exchange. Australian travellers often experience problems accessing funds in Cuba. To avoid being caught without money in Cuba, you should ensure you have a variety of ways of accessing your money. Do not rely on one source of funds. Credit cards, debit cards and travellers’ cheques are not accepted in Cuba if issued by US banks or Australian banks affiliated with US banks. This includes all American Express cards, and Visa and Mastercard cards depending on the issuing bank. Westpac Bank cards are not accepted in Cuba