The euro rises another five pesos in the informal Cuban market.

The Cuban informal market remains unstable, showing the problems of the country's economy and the current government's inability to handle the situation.

Imagen de referencia © Cibercuba
Reference imagePhoto © Cibercuba

After a day without changes, the euro regained strength in the informal currency market in Cuba and rose five more pesos this Friday, although the dollar and the freely convertible currency (MLC) remain unchanged.

After the latest update, the European currency is quoted at 375 CUP, marking its rise, while the US dollar remains steady at 360, as well as the MLC at 300.

Exchange rate today 06/21/2024 - 11:52 am in Cuba:

Exchange rate from USD Dollar to CUP according to elTOQUE: 360 CUP

Exchange rate of the Euro EUR to CUP according to EL TOQUE: 370 CUP

Exchange rate of MLC to CUP according to elTOQUE: 300 CUP

Equivalents of each available euro and US dollar bill to Cuban pesos (CUP)

United States Dollar (USD):

1 USD: 360 CUP

5 USD: 1,800 CUP

10 USD: 3,600 CUP

20 USD: 7,200 CUP

50 USD: 18,000 CUP

100 USD: 36,000 CUP

Euro (EUR):

5 EUR: 1,875 CUP

10 EUR: 3,750 CUP

20 EUR: 7,500 CUP

50 EUR: 18,750 CUP

100 EUR: 37,500 CUP

These values provide a quick reference for converting US dollars and euros to Cuban pesos, according to the current unofficial exchange rate.

Without a doubt, the Cuban informal market continues to be unstable, showing the problems of the country's economy and the inability of the current government to handle the situation.

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