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The Cuban convertible peso or "chavitos" are equivalent to one US dollar. However the "convertible" description of the new currency is questioned since it's only accepted in Cuba although it ...
A TikTok video shared by the account @sigue.a.cuba captures a Cuban man's visit to the newly opened store "Casalinda," ...
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Cuba resurrects dollar-only stores, a symbol of inequalitywho is paid in Cuban pesos -- which he then converts into MLC, a virtual currency introduced in 2019 that has lost much of its value. As Michael was leaving the dollar-denominated store ...
and the Convertible Cuban Peso (CUC) are both legal tender on the island, though neither are convertible in the foreign exchange markets. CUC is pegged to the dollar and most goods are valued in that ...
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