The United States dollar (USD) is trading this Saturday, July 19, at 387 Cuban pesos (CUP) in the informal market, according to the rate published by the independent outlet elTOQUE.
This figure stabilizes the value of the American currency, which has experienced slight fluctuations in recent weeks, but continues to position itself as one of the most sought-after currencies on the island, especially for those who rely on remittances or need to purchase essential goods.
On its part, the euro (EUR) reached a new record at 435 CUP, three pesos more than the previous day, establishing itself as the most expensive currency in the black market in Cuba.
This increase highlights a growing preference for the European currency, used by both travelers and citizens who conduct cross-border transactions or access imported goods. The rise of the euro also reflects the ongoing depreciation of the Cuban peso against major foreign currencies, in the context of a deep economic crisis.
Exchange Rate Evolution
Regarding the MLC (freely convertible currency), its value remains at 225 CUP, significantly lower than the euro and the dollar. It is used in state-owned stores, but its exchange rate in the informal market has weakened against other currencies.
Informal exchange rate in Cuba, Saturday, July 19, 2025 - 06:00
Exchange rate of the dollar (USD) to Cuban pesos (CUP): 387 CUP
Exchange rate of the euro (EUR) to Cuban pesos (CUP): 435 CUP
Exchange rate from MLC to Cuban pesos (CUP): 225 CUP
Equivalence in Cuban pesos according to bill denomination:
United States Dollars (USD):
- 1 USD = 387 CUP
- 5 USD = 1,935 CUP
- 10 USD = 3,870 CUP
- 20 USD = 7,740 CUP
- 50 USD = 19,350 CUP
- 100 USD = 38,700 CUP
Euros (EUR):
- 5 EUR = 2,175 CUP
- 10 EUR = 4,350 CUP
- 20 EUR = 8,700 CUP
- 50 EUR = 21,750 CUP
- 100 EUR = 43,500 CUP
- 200 EUR = 87,000 CUP
- 500 EUR = 217,500 CUP
Frequently Asked Questions about the Exchange Rate in Cuba's Black Market
What is the price of the dollar on the black market in Cuba?
The United States dollar (USD) is valued at 387 Cuban pesos (CUP) in the informal market of Cuba this July 19, 2025. This figure reflects a relative stability of the dollar, which remains one of the most sought-after currencies on the island.
What is the exchange rate for the euro on the Cuban black market?
The euro (EUR) has reached a new record, standing at 435 CUP. This increase solidifies the euro as the most expensive currency in the Cuban black market, reflecting the preference for the European currency amid an ongoing economic crisis.
What is the MLC and what is its current value in Cuba?
The MLC, or Freely Convertible Currency, is primarily used in state-owned stores for the purchase of high-demand products. Currently, its value in the informal market is 225 CUP, significantly lower than the euro and the dollar. This value reflects its weaker standing compared to other currencies.
Why is the euro more expensive than the dollar in Cuba?
The euro is more expensive than the dollar due to its limited availability and high demand. The European currency is preferred for travel and cross-border transactions, which has increased its value in the black market, surpassing the dollar by several pesos.
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