The exchange rate in Cuba's informal market has remained stable in recent days, following a rise driven by recent dollarization measures. According to data published on Monday, January 20, 2025, by CiberCuba, with information from El Toque, the US dollar (USD) is trading at 340 CUP, the euro (EUR) at 345 CUP, and the freely convertible currency (MLC) at 240 CUP.
Exchange Rate Evolution
Since the end of December 2024, foreign currencies have shown a steady increase. The dollar has risen from 300 CUP to the current 340 CUP, while the euro has climbed to 345 CUP. The MLC, on the other hand, stands at 240 CUP. However, in recent days, the exchange rates have remained stable without significant changes.
Equivalents of each available Euro and US Dollar banknote to Cuban Pesos (CUP)
U.S. Dollar (USD) to Cuban Peso (CUP), according to the exchange rates on January 20:
1 USD = 340 CUP.
5 USD = 1,700 CUP.
Exchange Rate Evolution
10 USD = 3,400 CUP.
20 USD = 6,800 CUP.
50 USD = 17,000 CUP.
100 USD = 34,000 CUP.
Euro (EUR):
1 EUR = 345 CUP.
5 EUR = 1.725 CUP.
10 EUR = 3,450 CUP.
20 EUR = 6,900 CUP.
50 EUR = 17,250 CUP.
100 EUR = 34,500 CUP.
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