The value of the U.S. dollar experienced a decline this Friday in Cuba's informal currency market, now trading at 470 Cuban pesos (CUP). This marks a drop of ten pesos from the previous day when it was valued at 480 CUP.
This decrease, occurring for the third consecutive day, disrupts the upward trend that the American currency had been following recently. This shift comes amidst a persistent economic crisis that continues to erode the purchasing power of Cuban citizens.
Similarly, the euro has seen a significant drop. As of this Friday, it stands at 530 CUP, which is 10 pesos less than its value the day before.
Despite the drop, the European currency remains one of the more stable options in the informal market. Nevertheless, its value remains out of reach for most state salaries on the island.
The MLC, utilized in government-run stores, holds steady at 200 CUP.
Informal Exchange Rates in Cuba
Friday, October 31, 2025 - 08:00
Exchange rate for the U.S. dollar (USD) to Cuban pesos (CUP): 470 CUP
Exchange rate for the euro (EUR) to Cuban pesos (CUP): 530 CUP
Exchange rate for the (MLC) to Cuban pesos (CUP): 200 CUP
Updated Currency Bill Equivalents in Cuban Pesos (CUP)
U.S. Dollar (1 USD = 470 CUP)
- 1 USD → 470 CUP
- 5 USD → 2,350 CUP
- 10 USD → 4,700 CUP
- 20 USD → 9,400 CUP
- 50 USD → 23,500 CUP
- 100 USD → 47,000 CUP
Euro (1 EUR = 530 CUP)
- 5 EUR → 2,650 CUP
- 10 EUR → 5,300 CUP
- 20 EUR → 10,600 CUP
- 50 EUR → 26,500 CUP
- 100 EUR → 53,000 CUP
- 200 EUR → 106,000 CUP
- 500 EUR → 265,000 CUP
Understanding Cuba's Currency Market Dynamics
Why did the U.S. dollar drop in Cuba's informal market?
The U.S. dollar's decline is attributed to shifts in market dynamics and ongoing economic challenges in Cuba, which are impacting currency values.
Is the euro a stable currency in Cuba's informal market?
Despite recent fluctuations, the euro is considered relatively stable compared to other currencies in the informal market, although it remains expensive for many in Cuba.