Day Zero: how and why Cuba unified its dual currency system
![](https://blogsmedia.lse.ac.uk/blogs.dir/112/files/2021/02/cuba_three_peso_note_che_747x420.jpg)
With the pandemic raging and a global economic recession just beginning, the unification of the national peso and the convertible peso may alarm Cubans. But once the adjustment filters through the economy, and with the state's promise that no one will be left behind, it could prove to be a vital step for the country's development, writes our visiting fellow Helen Yaffe (University of Glasgow).
![](https://upload.wikimedia.org/wikipedia/commons/thumb/e/e2/Hospital_Docente_Regional_Mario_Mu%C3%B1oz_in_Col%C3%B3n_City.jpg/220px-Hospital_Docente_Regional_Mario_Mu%C3%B1oz_in_Col%C3%B3n_City.jpg)
Cuba – Wikipédia, a enciclopédia livre
![](https://platform.keesingtechnologies.com/wp-content/uploads/2021/01/getpict-1.jpg)
Cuba Does Away with Its Dual Currency System - Keesing Platform
![](https://upload.wikimedia.org/wikipedia/commons/thumb/6/6b/Havana_-_Cuba_-_0002.jpg/640px-Havana_-_Cuba_-_0002.jpg)
Cuban peso - Wikiwand
![](https://blogsmedia.lse.ac.uk/blogs.dir/112/files/2020/02/cuba_long_queue_women_perspective_747x420.jpg)
Are the women of Cuba facing another feminised Special Period
![](https://upload.wikimedia.org/wikipedia/commons/thumb/a/a4/CUB-30d-El_Banco_Espanol_de_la_Habana-10_Centavos_%281883%29.jpg/175px-CUB-30d-El_Banco_Espanol_de_la_Habana-10_Centavos_%281883%29.jpg)
Peso Cuba - Wikipedia Bahasa Melayu, ensiklopedia bebas
![](https://www.miamiherald.com/latest-news/1ft1pz/picture271654987/alternates/FREE_1140/vladimir-solomianyi-rKPiuXLq29A-unsplash%20(2).jpg)
Cuba will allow bank deposits in dollars again
![](https://blogsmedia.lse.ac.uk/blogs.dir/112/files/2017/02/Cuba_Monop_670_335.jpg)
Day Zero: how and why Cuba unified its dual currency system
![](https://upload.wikimedia.org/wikipedia/commons/thumb/4/41/Skyline_of_Vedado_Neighborhood_in_Havana%2C_Cuba.jpg/640px-Skyline_of_Vedado_Neighborhood_in_Havana%2C_Cuba.jpg)
Economy of Cuba - Wikipedia
Cuba eliminates the CUC and announces currency unification