Two Currencies? CUCs and CUPs
Cuba works in 2 currencies, the CUP (moneda nacional, or cuban peso) and the CUC (convertible peso). Locals receive their salaries predominantly in CUPs, and use this currency to buy day-to-day goods....
View ArticleCounterfeit Currency – Not Just in the Movies
I had a run-in with counterfeit currency today. Every time I have paid for something in Peru, I have had my offered banknotes scrutinized: held up to the light and bent in several ways before they have...
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