As the clock strikes 8:00 PM local time in Cuba, the informal currency market wraps up Tuesday, September 8, 2026, with the US dollar climbing once again, while the euro remains unchanged compared to the previous day. The American currency has climbed by two pesos, whereas the European currency holds its ground. Meanwhile, the increase in the MLC should be viewed cautiously due to the low volume of transactions backing it. Check here for the exchange rates in Cuba's informal market.
The US dollar concluded the day at 685 Cuban pesos (CUP), with purchase and sale rates at 680 CUP and 690 CUP, respectively. This marks a two-peso increase from the previous day, when it closed at 683 CUP. Over the past week, the dollar has gained 7.5 pesos, rising from 678 CUP, translating to a 1.1% increase. Looking at the monthly perspective, the dollar is up 12.5 pesos from the 673 CUP recorded 30 days ago, although this comparison may partly reflect adjustments in the index's methodology. Throughout the last month, the exchange rate has fluctuated between a low of 663 CUP and today's peak of 685 CUP. It continues to dictate the pace of the informal market amid a structural shortage of foreign currency.
The euro is priced at 778 CUP, with purchase and sale rates set at 775 CUP and 780 CUP, respectively. It remains stable compared to yesterday, sustaining another day of unchanging value. Over the past week, however, the euro has increased by 10 pesos from 768 CUP a week ago, a rise of 1.3%. Compared to 30 days ago, the exchange rate remains at the same level of 778 CUP, but this comparison should be approached cautiously due to possible methodological adjustments. In the past month, the euro has reached a high of 780 CUP and a low of 746 CUP, standing as the most expensive currency in Cuba's parallel market, surpassing the dollar by 93 pesos.
MLC's Cautious Climb
The MLC closes at an indicative average value of 462 CUP, with purchase and sale rates at 448 CUP and 475 CUP. This represents an increase of 8 pesos from the previous day. However, this rate should be taken cautiously as the source indicates a low volume of transactions, making the value merely indicative. Over the past month, its rate has ranged between a low of 408 CUP and a high of 529 CUP. With no physical existence, its use is limited to state-run stores that accept it, restricting its circulation compared to cash currencies.
Exchange rate of USD to CUP: 685 CUP. Exchange rate of EUR to CUP: 778 CUP. Exchange rate of MLC to CUP: 462 CUP (indicative value, limited data). The official exchange rate by the Central Bank of Cuba (Segment III) is set at 644 CUP per dollar and 749 CUP per euro, significantly lower than the practical rates in the informal currency market.
Although Segment III was introduced as a more flexible exchange system, its official rate continues to fall short of meeting the real demand for foreign currency among the population. The gap between the official and informal rates stands at 41 pesos for the dollar and 29 pesos for the euro today.
In a context of sustained inflation, low state salaries, and increasing partial dollarization of the economy, each fluctuation in the informal market directly impacts domestic prices and the purchasing power of Cubans.
Understanding CiberCuba's Exchange Rate Index
CiberCuba's Exchange Rate Index is a reflection of Cuba's informal market, developed through automated analysis of thousands of currency trading posts on Telegram and Facebook groups. It filters out atypical offers and spam, weighing each transaction by its age, and consolidates a representative value updated multiple times daily.
Equivalence of US Dollar (USD) notes to Cuban Peso (CUP), according to the exchange rates for Tuesday, September 8, 2026: 1 USD = 685 CUP, 5 USD = 3,425 CUP, 10 USD = 6,850 CUP, 20 USD = 13,700 CUP, 50 USD = 34,250 CUP, 100 USD = 68,500 CUP.
Equivalence of Euro (EUR) notes to Cuban Peso (CUP), according to the exchange rates for Tuesday, September 8, 2026: 1 EUR = 778 CUP, 5 EUR = 3,890 CUP, 10 EUR = 7,780 CUP, 20 EUR = 15,560 CUP, 50 EUR = 38,900 CUP, 100 EUR = 77,800 CUP, 200 EUR = 155,600 CUP.
Frequently Asked Questions about Cuba's Currency Market
What is the current exchange rate for USD to CUP in Cuba's informal market?
The current exchange rate for USD to CUP in Cuba's informal market is 685 CUP.
How does the euro compare to the dollar in Cuba's parallel market?
In Cuba's parallel market, the euro is more expensive than the dollar, surpassing it by 93 pesos.
Why should the MLC's exchange rate be taken with caution?
The MLC's exchange rate should be taken with caution due to the low volume of transactions, making the value merely indicative.