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RE: On foot today

in Wednesday Walkyesterday

I think it will give me the same thing with that amount of money here. Maybe a little less aswell, The money goes lower, but the good prices are rising. A common problem, right?
Anyway what is MLC? shouldn't it be a Peso in your country?
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Here we have three currencies in circulation right now. CUP is the Cuban peso. You can also pay with it by transferring money between magnetic cards, but generally people ask for cash. And the MLC is the USD that the government wanted to sell at a price that it is not possible to sustain, because they do not have dollars to sell according to the demand there is. So there is a black market in the sale of dollars, which also circulates in cash. And that calculator I put there is the informal exchange rate.

And MLC can only be held on magnetic cards. It is not a banknote-denominated currency, but a digital one.

image.png

In this link you can calculate.

So, for you I have this picture which is what it looked like on my return home under the bridge where the vendors are.

IMG_20250129_160315.JPG

That is pretty interesting, this is also the first time I think I know the government uses more than one currency for the people. It could be a little bit confusing no?
I think it is better to have cash instead in that case, or any precious metals.

The place looks packed with people.

It is confusing for foreigners, because we Cubans have been like this for many years. Now apparently they are going to remove the MLC and only leave the USD and the Cuban Peso. We don't know yet how it's going to be. But there are already shops where you can pay directly with USD. And the banks are enabling cards for deposits in USD. Cuba is crazy in many ways. We have such a surreal reality in so many aspects that I can't even tell you about it.

The place looks packed with people.

I don't really like walking among people. That's why I moved away to the grassy area at the beginning. For taking photos, yes, it is an interesting place. 😉