In CALM, this is how the currencies opened this Wednesday, according to the daily report from elTOQUE.
A day without changes following several consecutive days marked by different movements of the dollar, the euro, and the Cuban Convertible Currency (MLC), both upward and downward.
At 12:00 PM (Cuban local time) on this July 9, the U.S. dollar remains valued at 385 CUP; the euro at 425, and the MLC at 240 pesos, following a drop of five units that occurred yesterday.
The median of values brings some surprises, particularly the sale of the euro at 430 CUP. We will have to wait and see if such an increase -which would be a record- consolidates or not in the coming hours.
Exchange Rate Evolution
Exchange rate today 09/07/2025 - 12:28 p.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 385 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 425 CUP.
Exchange rate of MLC to CUP according to elTOQUE: 240 CUP.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates of this July 9th:
1 USD = 385 CUP.
5 USD = 1,925 CUP.
10 USD = 3,850 CUP.
20 USD = 7,700 CUP.
50 USD = 19,250 CUP.
100 USD = 38,500 CUP.
Equivalence of Euro (EUR) banknotes to Cuban Peso (CUP):
1 EUR = 425 CUP.
5 EUR = 2.125 CUP.
10 EUR = 4,250 CUP.
20 EUR = 8,500 CUP.
50 EUR = 21,250 CUP.
100 EUR = 42,500 CUP.
200 EUR = 85,000 CUP.
500 EUR = 212,500 CUP.
Frequently Asked Questions about the Black Market for Currency in Cuba
What is the current exchange rate of the dollar on the black market in Cuba?
The exchange rate of the US dollar on the Cuban black market is 385 CUP for 1 USD. This rate has remained stable in recent days, despite the volatility that usually characterizes the informal market in Cuba.
How much is the euro sold for in the informal market in Cuba?
The euro is selling for 425 CUP in the Cuban informal market. However, price fluctuations have been observed, with it even reaching 430 CUP in some recent transactions.
What is the value of the freely convertible currency (MLC) in Cuba?
The Freely Convertible Currency (MLC) is trading at 240 CUP in the Cuban black market. This value reflects a recent decrease of five units, indicating the characteristic instability of the market.
How has the price of the dollar evolved in the Cuban black market recently?
The dollar has experienced a gradual increase in the Cuban informal market. Despite a slight setback to 384 CUP, it has maintained a general upward trend from 370 CUP in early June, reaching the current 385 CUP.
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