The informal currency market in Cuba opened this Saturday, September 20, 2025, without any changes compared to the previous day.
The US dollar (USD) remains at 420 Cuban pesos (CUP), the euro (EUR) holds steady at 480 CUP, and the Convertible Currency (MLC) remains at 210 CUP.
Informal exchange rate in Cuba Saturday, September 20, 2025 - 07:00
- Exchange rate of the dollar (USD) to Cuban pesos CUP: 420 CUP
- Exchange rate of the euro (EUR) to Cuban pesos CUP: 480 CUP
- Exchange rate from (MLC) to Cuban pesos CUP: 210 CUP
The stability of this weekend comes after a week marked by the volatility of the MLC and the sustained rise of the euro, which established itself as the most expensive currency in the parallel market.
Exchange Rate Evolution
The dollar, on the other hand, showed little fluctuation and has been anchored around 420 CUP for several days now, a level that seems to have become its immediate reference.
The euro, which has shown an upward trend since early September, , placing it nearly 60 CUP above the dollar and reinforcing its role as an indicator of the depreciation of the Cuban peso.
The MLC, for its part, experienced a rise of 10 CUP throughout the week, after temporarily dropping to 200, and is now consolidating at 210 CUP.
Although this Saturday shows calm, analysts agree that it is a temporary pause in a market characterized by instability.
The fragility of the Cuban peso and the increasing demand for foreign currency suggest that new tensions could resume in the coming days, confirming that apparent tranquility is not synonymous with real stability.
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