What is another word for cuban convertible peso?
Pronunciation: [kjˈuːbən kənvˈɜːtəbə͡l pˈiːsə͡ʊ] (IPA) 
The Cuban convertible peso is the official currency of Cuba, which was introduced in 1994 to replace the US dollar. However, there are some synonyms for the same currency, which are widely used by the locals and the tourists. One commonplace to hear is 'chavito,' which is derived from the English word 'change.' Another synonym is 'peso chico' meaning small pesos. Similarly, locals refer to the convertible peso as 'dólares' or 'bolas.' Some also call it 'coco' or 'Morro' (named after the castle in Havana). Moreover, 'CUC' and 'convertible peso' are also often used interchangeably. These synonyms are commonly used in Cuba and can often confuse tourists unfamiliar with the local language.
