The value of the US dollar (USD) continues its rise this Monday in the informal currency market in Cuba, trading at 335 CUP. The European currency and the freely convertible currency (MLC) also increased in price.
The euro is trading at 340 CUP, five Cuban pesos more than the previous day.
The MLC, the virtual currency used by the Cuban regime, has risen to 280 CUP, which means five pesos more than on Sunday.
The increase has been sustained for about a week and came after a streak of decline in the three currencies.
On social media, some Cubans relate the shift in the informal currency market to the economic measures announced by the regime recently, including the option to return to cash payments in foreign currency in some services in Cuba.
Exchange rate today 07/29/2024 - 6:50 am in Cuba:
Exchange rate of the Dollar USD to CUP according to elTOQUE: 330 CUP
Exchange rate of the Euro EUR to CUP according to elTOQUE: 340 CUP
Exchange rate of MLC to CUP according to TOQUE: 280 CUP
List of bills in pesos:
Dollar (USD):
- 1 USD: 335 CUP
- 5 USD: 1,675 CUP
- 10 USD: 3,350 CUP
- 20 USD: 6,700 CUP
- 50 USD: 16,750 CUP
- 100 USD: 33,500 CUP
Euro (EUR):
- 5 EUR: 1,700 CUP
- 10 EUR: 3,400 CUP
- 20 EUR: 6,800 CUP
- 50 EUR: 17,000 CUP
- 100 EUR: 34,000 CUP
- 200 EUR: 68,000 CUP
- 500 EUR: 170,000 CUP
What do you think?
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