1. Home

Cuban Money - Cuba Coins in Circulation

By

Cuban Money - Cuba Coins

These coins are currently circulating in Cuba as money.

Photo courtesy of Don's World Coin Gallery.

The monetary system of Cuba is a dual-value decimal based system, with the primary unit of Cuban money being called the Peso. There are two separate currencies circulating in Cuba: that based on the National Cuban Peso and that based on the Cuban Convertible Peso. The Cuban Convertible Peso, also called the chavito, is used mostly be tourists and for purchasing luxury items. Cuban citizens are paid their wages in the National Cuban Peso, and it is this currency in which staple goods and foods are traded. The exchange rate between them is officially 1 to 1, but the reality is that the Convertible Peso is worth 24 to 25 National Pesos.

The names and relative values of the coins depicted above are, (top row, National currency,) from left to right:

  • One Centavos - 1/100 of a Peso
  • Five Centavos - 5/100 of a Peso
  • Ten Centavos - 10/100 of a Peso
  • Twenty-five Centavos - 25/100 of a Peso
  • Fifty Centavos - 50/100 of a Peso
  • One Peso - 100/100, 1 full Peso
  • Three Pesos - 300/100, 3 full Pesos

Bottom row, (Convertible currency) from left to right:
  • Five Centavos - 5/100 of a Peso
  • Ten Centavos - 10/100 of a Peso
  • Twenty-five Centavos - 25/100 of a Peso

Please note that this listing only includes the coins in circulation. There will be paper money circulating as well.

Coin collectors who are looking for Cuba Coin Values will find them at Don's World Coin Gallery.
  1. About.com
  2. Home
  3. Coins

©2014 About.com. All rights reserved.