On February 13th, the U.S. dollar, euro, and Freely Convertible Currency (MLC) remained unchanged in value within Cuba's informal currency exchange market, as reported by elToque based on their daily monitoring of buy-sell advertisements on social media. For the second consecutive day, the trend indicates stability, following a brief period where both the euro and MLC experienced slight increases.
The situation of the dollar is particularly noteworthy, maintaining its valuation at 340 CUP. The U.S. currency reached this rate on January 11th and has largely remained steady since then. Meanwhile, the euro continues to be rated at 345 pesos, a level it achieved last week after two days of upward adjustments.
As for the Freely Convertible Currency, it stands today at 245 CUP, a rate it reached the previous day.
Exchange Rates as of February 13, 2025 - 10:13 a.m. in Cuba
According to elToque, the current exchange rates are as follows:
- USD to CUP: 340 CUP
- EUR to CUP: 345 CUP
- MLC to CUP: 240 CUP
Currency Conversion for Available Euro and U.S. Dollar Bills to Cuban Pesos (CUP)
Based on the exchange rates for February 13th:
- 1 USD equals 340 CUP
- 5 USD equals 1,700 CUP
- 10 USD equals 3,400 CUP
- 20 USD equals 6,800 CUP
- 50 USD equals 17,000 CUP
- 100 USD equals 34,000 CUP
For the Euro (EUR):
- 1 EUR equals 345 CUP
- 5 EUR equals 1,725 CUP
- 10 EUR equals 3,450 CUP
- 20 EUR equals 6,900 CUP
- 50 EUR equals 17,250 CUP
- 100 EUR equals 34,500 CUP
Understanding Currency Trends in Cuba
Why is the dollar stable at 340 CUP?
The dollar has maintained stability at 340 CUP due to consistent demand and limited supply in the informal market, alongside government controls.
How often do exchange rates fluctuate in Cuba?
Exchange rates in Cuba can fluctuate frequently due to economic instability and market conditions, though periods of relative stability can occur.