As of this morning, the exchange rates for foreign currencies have remained stable in Cuba's black market. By midday on November 20, the values for the dollar, euro, and MLC (Freely Convertible Currency) have held steady from the previous day. The US dollar is rated at 328 Cuban pesos, while the euro is at 345.
Regarding the MLC, after losing four pesos on Tuesday, which it had gained on Monday, it stands at 265 CUP for the second consecutive day. This selling price has predominantly prevailed over the past few months. Despite the ongoing economic crisis that plagues Cuba, there has been an unusual stability in currency values since August.
Currency Stability Amid Economic Turmoil
Recent weeks have shown a rare steadiness in the prices of dollars, euros, and MLC, characterized by only slight fluctuations. This contrasts sharply with the first seven months of 2024, which saw significant volatility with rapid increases and decreases in value.
Exchange Rates on November 20, 2024
As of 12:18 p.m. in Cuba, the exchange rates according to elTOQUE are as follows:
USD to CUP: 328 CUP
EUR to CUP: 345 CUP
MLC to CUP: 265 CUP
Currency Conversion for Dollars and Euros
Here are the equivalencies for each denomination of US dollars and euros in Cuban pesos (CUP) based on today's exchange rates:
US Dollar (USD):
1 USD = 328 CUP
5 USD = 1,640 CUP
10 USD = 3,280 CUP
20 USD = 6,560 CUP
50 USD = 16,400 CUP
100 USD = 32,800 CUP
Euro (EUR):
1 EUR = 345 CUP
5 EUR = 1,725 CUP
10 EUR = 3,450 CUP
20 EUR = 6,900 CUP
50 EUR = 17,250 CUP
100 EUR = 34,500 CUP