The currency of Cuba is the Cuban peso which is abbreviated as CUP. The currency code is CUP which stands for Cuban peso. It is the currency of Cuba. The currency symbol is $. The Cuban peso was introduced in 1857, replacing the earlier currencies of Spanish colonial period. It was used from 1857 to 1929. It was re-introduced in 1993, replacing the Cuban Convertible peso at par.The Cuban Peso is divided into 100 centavos. The circulation coins are 1, 5, 10 and 25 cents and 1 peso while the 10 peso coin was issued in 1995 as a commemorative coin. The banknotes are of 1, 5, 10, 20, 25, 50 and 100 pesos denominations.