The United States dollar (USD) increased its value for the fourth consecutive day in the irregular currency market in Cuba.
This Friday, the USD is being traded at 320 Cuban pesos (CUP), five more than the previous day.
The euro also increased its price in the informal market, worth five pesos more than on Thursday. It is traded at 1 x 330 CUP.
The only currency of the three monitored in the Cuban informal market that maintained its value was the freely convertible currency (MLC) which remains at 270 CUP.
Exchange rate today 26/07/2024 - 6:15 am in Cuba:
Exchange rate of the Dollar USD to CUP according to TOQUE: 320 CUP
Exchange rate of the Euro EUR to CUP according to elTOQUE: 330 CUP
Exchange rate of MLC to CUP according to the TOQUE: 270 CUP
Available bills and their value in Cuban pesos:
Dollar (USD):
- 1 USD = 320 CUP
- 5 USD = 1,600 CUP
- 10 USD = 3,200 CUP
- 20 USD = 6,400 CUP
- 50 USD = 16,000 CUP
- 100 USD = 32,000 CUP
Euro (EUR):
- 5 EUR = 1,650 CUP
- 10 EUR = 3,300 CUP
- 20 EUR = 6,600 CUP
- 50 EUR = 16,500 CUP
- 100 EUR = 33,000 CUP
On social media, many Cubans are linking the increase in the price of foreign currencies to the government's new measure of readmitting cash payments in dollars for certain services, such as booking tourist activities, which is in high demand during the summer months.
This surge in increases in the rates in the informal currency market in Cuba came after a sustained period of decline in the three currencies.
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