Currencies in Cuba: Euro price collapses in the informal market

The euro has dropped in the past few hours in Cuba. How have the dollar and MLC been performing?


In recent hours, the selling price of the euro in the Cuban informal market has experienced a drop.

The European currency dropped five pesos suddenly and is now selling for an average of 340 CUP.

In the case of the dollar and the Freely Convertible Currency (MLC), both remained unchanged for the fourth consecutive day. The U.S. dollar on January 22 is still valued at 340 CUP, while the value of the virtual currency remains at 240 CUP, exactly one hundred pesos below the euro and the dollar.

Exchange rate today 01/22/2025 - 8:00 a.m. in Cuba:

Exchange rate of the dollar USD to CUP according to elTOQUE: 340 CUP.

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

Exchange Rate Evolution

Exchange rate from MLC to CUP according to elTOQUE: 240 CUP.

After experiencing price drops in December, the value of currencies has mostly increased in January, driven by the dollarization measures announced by the Cuban regime.

However, values fluctuate according to the buying and selling announcements monitored by the independent outlet elToque, which serve as a reference for the prices published each day.

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 on January 22:

1 USD: 340 CUP.

5 USD: 1,700 CUP.

10 USD: 3,400 CUP.

20 USD: 6,800 CUP.

50 USD: 17,000 CUP.

100 USD: 34,000 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.

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CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.