Another day with updates on the buying and selling values of the reference currencies in the Cuban informal market.
On this September 30, the dollar rises while the euro takes a step back, according to the daily report from the independent media elTOQUE.
At dawn this Tuesday, the dollar rises to 438 CUP, three pesos more compared to the value it reached on Sunday.
The European currency, on the other hand, has fallen to 495 CUP, marking a decrease of four units compared to the 499 it was trading at this Monday, when it suddenly rose by nine pesos.
Exchange Rate Evolution
In the case of the Freely Convertible Currency (MLC), which has been characterized by its decline and volatility in recent months, it has maintained the 210 CUP selling rate for several days now.
Exchange rate today, 30/09/2025 - 7:20 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 438 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 495 CUP.
Exchange rate of MLC to CUP according to elTOQUE: 210 CUP.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates of this September 30th:
1 USD = 438 CUP.
5 USD = 2,190 CUP.
10 USD = 4,380 CUP.
20 USD = 8,760 CUP.
50 USD = 21,900 CUP.
100 USD = 43,800 CUP.
Equivalence of Euro notes (EUR) to Cuban Peso (CUP):
1 EUR = 495 CUP.
5 EUR = 2.475 CUP.
10 EUR = 4,950 CUP.
20 EUR = 9,900 CUP.
50 EUR = 24,750 CUP.
100 EUR = 49,500 CUP.
200 EUR = 99,000 CUP.
500 EUR = 247,500 CUP.
In July, Manuel Marrero announced transformations in the official currency market in Cuba, changes that -as he indicated- are expected to be implemented in this second half of the year. However, there are currently no updates on the matter.
Frequently Asked Questions about the Currency Market in Cuba
What is the current exchange rate of the dollar in the Cuban informal market?
The US dollar is trading at 438 CUP in the informal Cuban market as of September 30, 2025.
How has the price of the euro in Cuba changed recently?
On September 30, 2025, the euro dropped to 495 CUP, four pesos less than the previous day, when it had risen by nine pesos. This behavior illustrates the volatility of the Cuban informal market.
What is the Freely Convertible Currency (MLC) and what is its current value?
The Freely Convertible Currency (MLC) is a virtual currency used in Cuba for certain transactions, primarily in state-run stores. Currently, the MLC is valued at 210 CUP in the informal market. Its value has shown volatility in recent months.
What measures has the Cuban government announced for the official currency exchange market?
The Cuban Prime Minister, Manuel Marrero, announced in July 2025 that a new management mechanism for the official exchange market will be implemented in the second half of the year. However, so far, significant changes have not been made, leaving the population in uncertainty and relying on the informal market to obtain foreign currency.
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