Insight Cuba Frequently Asked Questions > Currency Information > Do I have to pay a commission to exchange US dollars in Cuba?
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Yes. A 10-12% commission is charged for exchanging U.S. dollars within Cuba. Other currencies are not charged this fee.
Therefore, American citizens should covert their U.S. dollars into Euros or Canadian dollars before entering Cuba to avoid paying the 10-12% commission.
Last updated on March 31, 2011 by Insight Cuba