Jornada with updates in the Cuban informal market: the dollar rises and the euro decreases in price.
After remaining several consecutive days priced at 375 CUP, at dawn on this June 17 the dollar takes a discreet step forward and rises to 376 CUP, one peso more compared to its value from the previous week, as reported today by elTOQUE.
However, the median buying and selling values of the last 24 hours indicate a more pronounced increase for the US dollar: 378 CUP in selling, a price that may or may not stabilize in the coming hours.
Exchange Rate Evolution
In the case of the euro, after an exhilarating streak during which the European currency accumulated successive increases: up to four records in just a few days, it has slowed down and declined this Tuesday.
The European currency drops by five pesos today and returns to 410 CUP.
Only the virtual currency with which the Cuban regime operates remains unchanged this June 17, a currency that many believe is doomed to disappear.
The Freely Convertible Currency (MLC) continues to be sold today at 260 CUP.
Exchange rate today 06/17/2025 - 7:52 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 376 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 410 CUP.
Exchange rate from MLC to CUP according to elTOQUE: 260 CUP.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates of June 17:
1 USD = 376 CUP.
5 USD = 1,880 CUP.
10 USD = 3,760 CUP.
20 USD = 7,520 CUP.
50 USD = 18,800 CUP.
100 USD = 37,600 CUP.
Euros (EUR) to CUP
1 EUR = 410 CUP.
5 EUR = 2,050 CUP.
10 EUR = 4,100 CUP.
20 EUR = 8,200 CUP.
50 EUR = 20,500 CUP.
100 EUR = 41,000 CUP.
200 EUR = 82,000 CUP.
500 EUR = 205,000 CUP.
Projections for the remainder of June
A recent article published by elTOQUE anticipated -based on an analysis from the Observatory of Coins and Finances of Cuba (OMFi)- that it was likely the exchange market for the remainder of June would become "more active and uncertain" than in previous months, and that is indeed happening.
The Observatory of Currencies and Finances of Cuba (OMFi) explained that in May, an excess of supply predominated, and it predicted that June could be dominated by an excess of demand, which would raise the exchange rate of currencies.
According to the forecasting models of the OMFi, the likely values for the exchange rate in Cuba as of June 30, 2025, would be as follows:
-For the US dollar (USD), a central value of 385 Cuban pesos is projected, with a maximum value of 408 and a minimum of 365.
-Regarding the euro (EUR), a central value of 406 Cuban pesos is estimated, with a maximum of 421 and a minimum of 385.
Finally, for the Freely Convertible Currency (MLC), the forecast indicates a central value of 274 Cuban pesos, reaching a maximum of 284 and a minimum of 260.
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