The dollar and euro consolidate their decline in the informal Cuban market.

The average sale in the informal market of dollars and euros falls for the second consecutive day in Cuba.

Dólares y euros (Imagen de referencia) © Freepik
Dollars and euros (Reference image)Photo © Freepik

The average selling price of the euro and the dollar in the Cuban informal market drops on July 3rd. The values ​​have fallen for the third consecutive day in the case of the US currency and for the second consecutive day regarding the euro.

This Wednesday, the dollar has started the day valued at 350 pesos, which represents a decrease of three pesos compared to the previous day.

In the case of the European currency, for a second day in a row, the descent is five units, dropping from 365 to 360 CUP, revealing that its rate of decline is higher than that of the dollar.

However, the decline in the price of both currencies remains far from the volatility of a few weeks ago, when the drops or increases were as much as 20 or even 30 pesos in a single day.

The Freely Convertible Currency (MLC), for its part, remains stable at 305 CUP, a price it has held for several days.

Exchange rate today 03/07/2024 - 7:16 a.m. in Cuba:

Exchange rate of the USD to CUP according to elTOQUE: 350 CUP.

Exchange rate from the euro EUR to CUP according to ELTOQUE: 360 CUP.

Exchange rate from MLC to CUP according to elTOQUE: 305 CUP.

The unofficial exchange rate for Cuba offered here is not officially recognized or backed by any financial or governmental entity.

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

United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates for this Wednesday, July 3rd.

1 USD: 350 CUP.

5 USD: 1,750 CUP.

10 USD: 3,500 CUP.

20 USD: 7,000 CUP.

50 USD: 17,500 CUP.

100 USD: 35,000 CUP.

Euros (EUR)

1 EUR: 360 CUP.

5 EUR: 1,800 CUP.

10 EUR: 3,600 CUP.

20 EUR: 7,200 CUP.

50 EUR: 18,000 CUP.

100 EUR: 36,000 CUP.

Despite the decrease in value of two of the three reference currencies in the Cuban informal market, in recent days, the price behavior had shown relative stability, at least compared to the movements of the second half of May and the first half of June when abrupt increases and drops were recorded within a few hours.

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