As of 10:00 a.m. local time in Havana, the informal currency exchange market in Cuba shows an upward trend for both the dollar and the euro this Saturday, October 10, 2026.
Both currencies are appreciating compared to the previous session, while the MLC, with limited data available at this time, indicates a significant decline that should be approached with caution.
The U.S. dollar is trading at 776 Cuban pesos (CUP) in the informal market today. This is a slight increase of 1 peso compared to the previous day, where the average was 775 CUP.
Looking at the weekly perspective, the U.S. currency has dropped by 9 pesos from the 785 CUP recorded seven days ago, indicating today's rise doesn't yet recover last week's level.
On a monthly basis, the dollar stands 88 pesos above the 688 CUP from 30 days ago. However, this comparison should be read cautiously as it may reflect some methodological adjustments in the index.
Over the past 30 days, the dollar has fluctuated between a low of 688 CUP and a high of 785 CUP, continuing to dictate the pace of the informal market amid a structural shortage of foreign currency.
The euro opens at 874 Cuban pesos (CUP), marking an increase of 4 pesos from the 870 CUP in the previous session.
In the weekly comparison, the European currency has decreased by 6 pesos from the 880 CUP recorded a week ago. Looking at the month, the euro is 93 pesos higher than the 781 CUP seen 30 days prior, though this change might include methodological adjustments.
The range for the last 30 days extends from 782 to 885 CUP. It surpasses the dollar by 98 pesos, solidifying its dominant position in the Cuban parallel market.
The MLC is showing a guideline value of 525 Cuban pesos (CUP) today, with limited data at this time that necessitates cautious interpretation. This represents a drop of 55 pesos from the 580 CUP of the previous session.
On a weekly basis, the MLC has risen by 57 pesos from the 468 CUP recorded seven days ago. Over the past 30 days, it has fluctuated between a low of 446 and a high of 603 CUP. With no physical presence, its use is limited to state-run stores that accept it, restricting its circulation compared to cash currencies.
Exchange Rate Summary
Exchange rate for the U.S. dollar USD to CUP: 776 CUP.
Exchange rate for the euro EUR to CUP: 874 CUP.
Exchange rate for MLC to CUP: 525 CUP (indicative value, limited data).
The official exchange rate set by the Central Bank of Cuba (Segment III) remains at 698 CUP per dollar and 781 CUP per euro, significantly below the practical rates in the informal currency market.
Although Segment III was introduced as a more flexible exchange mechanism, its official rates remain far from those in the informal market and fail to meet the real demand for foreign currency among the population. For dollars, the gap between the official price (698 CUP) and the informal one (776 CUP) is over 78 pesos; for euros, the difference between the official 781 CUP and the 874 CUP in the parallel market is about 93 pesos.
In a scenario of sustained inflation, low state salaries, and increasing partial dollarization of the economy, each change in the informal market has a direct impact on internal prices and the purchasing power of Cubans.
The informal currency market in Cuba operates outside state financial institutions, through networks of private transactions. Although the Cuban regime does not officially recognize it, this market effectively determines the real purchasing power of Cubans.
The CiberCuba Exchange Rate is an index of the Cuban informal market created from the automated analysis of thousands of currency exchange posts in Telegram and Facebook groups. The calculation excludes atypical offers and spam messages, weighs each transaction based on its timing, and consolidates a representative value that is updated multiple times a day.
U.S. Dollar to Cuban Peso Conversion
1 USD = 776 CUP
5 USD = 3,880 CUP
10 USD = 7,760 CUP
20 USD = 15,520 CUP
50 USD = 38,800 CUP
100 USD = 77,600 CUP
Euro to Cuban Peso Conversion
1 EUR = 874 CUP
5 EUR = 4,370 CUP
10 EUR = 8,740 CUP
20 EUR = 17,480 CUP
50 EUR = 43,700 CUP
100 EUR = 87,400 CUP
200 EUR = 174,800 CUP
Understanding Currency Exchange in Cuba
Why is the informal market important in Cuba?
The informal market is crucial because it often provides a more accurate reflection of the real purchasing power of Cubans, operating outside the official state-controlled financial systems.
How does the exchange rate in the informal market affect prices?
Changes in the informal exchange rate directly impact internal prices and the purchasing power of Cubans, especially in an economy marked by inflation and low state wages.
What is the difference between the official and informal exchange rates?
The official exchange rate is set by the Central Bank of Cuba and often remains lower than the rates found in the informal market, which are influenced by supply and demand dynamics.