The foreign exchange market, which operates outside the framework established by the Cuban regime and actually dictates the exchange rates on the island that sellers and buyers follow, continues to show relative calm, having gone several days without significant variations.
Currently, the US dollar (USD) is quoted at 320 Cuban pesos (CUP), while the euro (EUR) reaches 330 CUP. Meanwhile, the Freely Convertible Currency (MLC) has a value of 270 CUP since last Saturday.
Despite the stability, prices remain high for the population that depends on the government's salary, a minimum of 2,100 CUP, which means that state workers, pensioners, and all those who do not have income in dollars are getting even closer to the threshold of extreme poverty.
A Cuban whose only income comes from receiving the minimum wage will be earning the equivalent of 6.66 USD.
Exchange rate today 09/17/2024 - 12:36 p.m. in Cuba:
Exchange rate of the USD to CUP according to TOQUE: 320 CUP
Exchange rate of the Euro EUR to CUP according to elTOQUE: 330 CUP
Exchange rate of the MLC to CUP according to the TOQUE: 270 CUP
List of available notes and their value in 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
What do you think?
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