Behavior of currencies in the black market today

How are currencies reacting to the recent events in Cuba?


At dawn this Wednesday, the MLC, a virtual currency used by the government in stores created for that purpose, returned to 265 CUP after temporarily decreasing in value the previous day.

In the case of the dollar and the euro, on October 24, both currencies remain valued at the same rates they have had for several days: 325 for the dollar and 340 for the European currency, according to the tracking conducted by the independent media elTOQUE of the currency value fluctuations.

It is striking to see the limited activity revealed by the informal market amid an increasingly tense economic climate and the reality of a paralyzed economy, as this Wednesday the Cuban government extended the suspension of classes at all levels and of non-essential work activities until October 27.

Exchange rate today 24/10/2024 - 7:15 a.m. in Cuba:

Exchange rate of the USD to CUP according to theTOQUE: 325 CUP.

Exchange rate of the Euro EUR to CUP according to elTOQUE: 340 CUP.

Exchange rate of MLC to CUP according to TOQUE: 265 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 October 24:

1 USD = 325 CUP.

5 USD = 1,625 CUP.

10 USD = 3,250 CUP.

20 USD = 6,500 CUP.

50 USD = 16,250 CUP.

100 USD = 32,500 CUP.

Euro (EUR):

1 EUR = 340 CUP.

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.

What do you think?

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