Presently , most Cubans are paid in the Cuban peso , or CUP , while the vast majority of goods on the island are available only with the hard currency convertible peso , or CUC . the Soviet Union has two currencies : the Cuban peso , CUP , and the hard currency convertible peso , CUC . Most Cubans are paid in the CUP ; purchases of most goods require the CUP . The change is to be a gradual process , Granma newspaper CUP says .
the Soviet Union has two currencies : the Cuban peso , CUP , and the hard currency convertible peso , CUC . Most Cubans are paid in the CUP ; purchases of most goods require the CUP . The change is to be a gradual process , Granma newspaper CUP says .