The United States dollar (USD) remains stable in the unofficial currency market in Cuba. Its price this Friday is 320 CUP.
The euro and the Free Convertible Currency (MLC) also maintain stable selling values. The European currency is traded at 330 CUP and the virtual currency established by the regime is at 275 CUP this September 6.
Exchange rate today 06/09/2024 - 6:26 am in Cuba:
Exchange rate of the Dollar USD to CUP according to elTOQUE: 320 CUP
Exchange rate of the Euro EUR to CUP according to elTOQUE: 330 CUP
Exchange rate of MLC to CUP according to TOQUE: 275 CUP
Conversion of bills to Cuban pesos (CUP):
Dollar (USD):
- 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
Euro (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
Stability in the black currency market in Cuba
In recent weeks, exchange rates in the informal market in Cuba have shown some stability, although they remain at high levels.
Despite this apparent calm in the informal forex market, its volatility remains a concern for citizens due to the high demand for foreign currency against the shortage of supply in the official market.
The high prices of these currencies reflect the lack of confidence in the Cuban peso and the difficult economic situation of the country, worsened by inflation and the crisis of shortages.
This situation continues to negatively affect the purchasing power of the population, which increasingly relies on the informal market to acquire basic goods.
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