How do cash payments work in Cuba as of 2023?
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Last time I was there, there used to be convertible pesos (CUC)
Back in 2020, CUC has been scrapped
CUP is now the only currency in Cuba, along MLC (which is a digital currency pegged to the USD at 1 MLC = 1 USD), of which I know very little about, but this article should help
What would be the exchange rate?
After the scrapping, the rate was to be fixed at 24 CUP for 1 USD, but inflation got it raised by a lot and now the rates hover at the 1USD = 110 CUP mark (buy rate is as of the post date, sell rate is 123 CUP = 1 USD)
The official exchange rates are displayed on the Casas de Cambio website, and this source reports daily about the unofficial rates
Will there be a significant difference between, for instance, the hotel, the airport or a cadeca, and the street?
Definitely yes, the source reports a sell value for CUP to be 162 CUP = 1 USD, might be the same for buy rate
And lastly, will it be very difficult to change back the CUC to EUR? (I guess so)
Seems like that will be the case, so you may want to only change a bit at a time
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Source: stackoverflow.com
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