In 2004 , the government replaced the dollar with the convertible peso . Cuba has two currencies : the Cuban USD , USD , and the hard currency convertible peso , CUC . Most Cubans are paid in the USD ; purchases of most goods require the CUC . The change is to be a gradual process , the Cuban Communist Party newspaper Granma says .
Cuba has two currencies : the Cuban USD , USD , and the hard currency convertible peso , CUC . Most Cubans are paid in the USD ; purchases of most goods require the CUC . The change is to be a gradual process , the Cuban Communist Party newspaper Granma says .