APP GRATIS

The value of all currencies in Cuba skyrockets again

All of them increased in value and by more than two Cuban pesos. The national currency continues to devalue.

Moneda nacional, euros y dólares en Cuba © CiberCuba
National currency, euros and dollars in Cuba Photo © CiberCuba

Cubans are poorer every day, since the national currency, the one with which the regime pays workers salaries, is devaluing by the day in the informal currency market.

The independent press mediumelTOQUE announced an alarming rise in the value of currencies in the Cuban informal market. HeUS dollar rose this March 30 at 335 CUP, which means an increase of three pesos, from one day to the next.

elTOQUE

The euro, a European currency, dawns this Saturday also setting a record of 340 pesos, two pesos more than the previous day. For its part, the freely convertible currency (MLC) is sold at 278 CUP, three pesos more than the previous day.

All of these currencies are setting a record in value in the informal currency exchange market in Cuba and the surprise increase has not been a few cents, but more than 2 pesos.

These currencies that circulate in Cuba are essential to access services and products. People who have dollars usually exchange them into Cuban pesos in the informal market because the buying and selling price is higher than the official one.

The government assures that theinflation in Cuba is being manipulated by means such aselTOQUE, by social networks and even by the United States government. Weeks ago they said that they would intervene in this informal currency market.

The people have been waiting for months for inflation to stop, but no change is happening, workers are getting poorer every day in Cuba.

The prices offeredelTOQUE in this currency conversion have been calculated using our own methodology and constitute a daily reference value. They are dynamic, they can change depending on the behavior of the informal market.

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