Today, October 7, 2024, the exchange rates in the Cuban informal market continue to show significant fluctuations in the main currencies.
According to updated data from elTOQUE, the U.S. dollar (USD) is quoted at 322 Cuban pesos (CUP), remaining one of the most sought-after currencies in informal transactions.
For its part, the euro (EUR), which continues to gain ground, is valued at 335 CUP, reflecting the high volatility of the European currency in the Caribbean country.
Finally, the freely convertible currency (MLC), primarily used for purchases in Cuban stores in foreign currency, is at 270 CUP.
These figures demonstrate the ongoing tensions in the Cuban currency market, where the value of foreign currencies fluctuates daily due to the scarcity of foreign money and the increasing demand. The rates in the black market far exceed the official rates, reflecting the economic crisis on the island.
Exchange rate today 07/10/2024 - 6:12 am in Cuba:
Exchange rate of the Dollar USD to CUP according to elTOQUE: 322 CUP
Exchange rate of the Euro EUR to CUP according to elTOQUE: 335 CUP
Exchange rate of the MLC to CUP according to elTOQUE: 270 CUP
List of available bills and their equivalent in Cuban pesos:
Dollar (USD)
- 1 USD = 322 CUP
- 5 USD = 1,610 CUP
- 10 USD = 3,220 CUP
- 20 USD = 6,440 CUP
- 50 USD = 16,100 CUP
- 100 USD = 32,200 CUP
Euro (EUR)
- 1 EUR = 335 CUP
- 5 EUR = 1,675 CUP
- 10 EUR = 3,350 CUP
- 20 EUR = 6,700 CUP
- 50 EUR = 16,750 CUP
- 100 EUR = 33,500 CUP
What do you think?
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