Which of the following statements is not true about Cuban currency?

A. Cuban citizen receive their wages only in CUCs
B. The Convertible peso is divided into centavos
C. CUCs are more common in tourist areas
D. The US dollar was accepted in Cuba before 2004

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
4 hours ago

The statement that is not true about Cuban currency is:

A. Cuban citizen receive their wages only in CUCs

This statement is incorrect because, as of January 1, 2021, Cuba transitioned to a single currency system and the convertible peso (CUC) was eliminated. The Cuban peso (CUP) is now the primary currency used for wages and transactions among citizens.