At dawn on this Monday, the average sale of the euro in Cuba has experienced a drop of five pesos compared to its value on the previous day. The European currency falls from 335 to 330 CUP.
The dollar and the freely convertible currency (MLC), for their part, remain unchanged for the moment and maintain their values from Sunday: the US dollar at 320 CUP, and at a good distance, the freely convertible currency (MLC) remains at 280 CUP, a value it has held for several days.
Last week, an article published in Granma threatened Cuban citizens with up to five years in prison for turning to the informal market for the buying and selling of foreign currencies and emphasized that these street-level operations "affect the country's economic system."
"These actions are punishable by imprisonment of two to five years, or a fine of five hundred to one thousand units, or both," pointed out the official source, which also indicated that any transaction involving the sale, transfer, transmission, or acquisition of foreign currency "is illegal and constitutes a crime."
Exchange rate today 5/08/2024 - 7:13 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to TOQUE: 320 CUP.
Euro exchange rate EUR to CUP according to elTOQUE: 330 CUP.
Exchange rate of MLC to CUP according to elTOQUE: 280 CUP.
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 of this August 5th:
1 USD = 320 CUP.
5 USD = 1,600 CUP.
10 USD = 3,200 CUP.
20 USD = 6,400 CUP.
50 USD = 16,000 CUP.
100 USD = 32,000 CUP.
Euros (EUR):
1 EUR: 330 CUP.
5 EUR = 1,650 CUP.
10 EUR = 3,300 CUP.
20 EUR = 6,600 CUP.
50 EUR = 16,500 CUP.
100 EUR = 33,000 CUP.
200 EUR = 66,000 CUP.
500 EUR = 165,000 CUP.
What do you think?
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