Cuba
Photo by Holly Wilmeth
Locals know that prices are almost always in Cuban convertible pesos (CUC), not Cuban pesos (CUP). CUC, or the convertible, is the form of currency that most travelers to Cuba will use, while CUP is the currency used more often by locals. If in doubt about the currency quoted, ask! Otherwise, you’ll find yourself burning through your vacation budget more quickly than expected. Also, be aware that an automatic 10% tariff will be imposed upon your exchange of USD, so your buck doesn’t go as far in Cuba as you might think.