The U.S. dollar has shown signs of life in Cuba's informal market!
After a stagnant period of 13 days at 515 CUP per dollar, the American currency has experienced a slight uptick in value as of this Friday.
On the morning of April 3, the dollar is being traded at an average of 517 CUP, according to the independent source elTOQUE.
This marks an increase of two pesos compared to the consistent rate held since March 21.
elTOQUE also reported on Thursday that by 2026, the Cuban peso had depreciated by 158 CUP against the dollar, which translates to a 44.3% decline. On this date last year, April 3, 2025, the dollar was valued at 357 CUP.
Currency Movements in Cuba
As for the euro, it remains unchanged for yet another day, maintaining its value at 580 CUP for 14 consecutive days.
The volatile Freely Convertible Currency (MLC), utilized by the Cuban regime since 2019, is once again climbing today, reaching 400 CUP.
Current Exchange Rates on April 3, 2026 - 8:08 a.m. in Cuba
According to elTOQUE:
USD to CUP exchange rate: 517 CUP.
EUR to CUP exchange rate: 580 CUP.
MLC to CUP exchange rate: 400 CUP.
Currency Conversion Tables
U.S. Dollar (USD) to Cuban Peso (CUP) conversion based on April 3 rates:
1 USD = 517 CUP.
5 USD = 2,585 CUP.
10 USD = 5,170 CUP.
20 USD = 10,340 CUP.
50 USD = 25,850 CUP.
100 USD = 51,700 CUP.
Euro (EUR) to Cuban Peso (CUP) conversion:
1 EUR = 580 CUP.
5 EUR = 2,900 CUP.
10 EUR = 5,800 CUP.
20 EUR = 11,600 CUP.
50 EUR = 29,000 CUP.
100 EUR = 58,000 CUP.
200 EUR = 116,000 CUP.
500 EUR = 290,000 CUP.
Understanding Cuba's Currency Fluctuations
What caused the recent increase in the dollar's value in Cuba's informal market?
The slight rise in the dollar's value can be attributed to the ongoing depreciation of the Cuban peso and fluctuating market dynamics.
Why has the euro remained stable while the dollar fluctuates?
The euro's stability could be due to different market factors affecting its demand and supply, as well as economic strategies that differ from those impacting the dollar.
What is the Freely Convertible Currency (MLC) in Cuba?
The MLC is a digital currency introduced by the Cuban government in 2019, used mainly for transactions within the country and known for its volatility.