The exchange rate in Cuba's informal market has remained stable in recent days, following a rise driven by recent dollarization measures. According to data published on Monday, January 20, 2025, by CiberCuba, with information from El Toque, the US dollar (USD) is valued at 340 CUP, the euro (EUR) at 345 CUP, and the freely convertible currency (MLC) at 240 CUP.
Exchange Rate Evolution
Since the end of December 2024, foreign currencies have shown a steady increase. The dollar rose from 300 CUP to the current 340 CUP, while the euro climbed to 345 CUP. The MLC, for its part, stands at 240 CUP. However, in recent days, the exchange rates have remained relatively unchanged.
Equivalencies of each available banknote in euros and US dollars to Cuban pesos (CUP)
United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates on January 20th:
1 USD = 340 CUP.
5 USD = 1,700 CUP.
Exchange Rate Evolution
10 USD = 3,400 CUP.
20 USD = 6,800 CUP.
50 USD = 17,000 CUP.
100 USD = 34,000 CUP.
Euro (EUR):
1 EUR = 345 CUP.
5 EUR = 1.725 CUP.
10 EUR = 3,450 CUP.
20 EUR = 6,900 CUP.
50 EUR = 17,250 CUP.
100 EUR = 34,500 CUP.
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