At dawn this Thursday, the value of currencies in the Cuban informal market remains stable, according to reports from the independent media elToque based on monitoring announcements on social media.
The dollar remains at 340 CUP, a price reached on January 11. The U.S. currency has now gone 12 days without any changes.
The euro is also stable today, after plunging five units this Wednesday, the European currency remains at 340 CUP today, the same as the dollar.
In the case of the Freely Convertible Currency (MLC), it remains valued at 240 CUP. It has now been at that value for ten days.
Generally speaking, the three reference currencies have shown a trend towards stability during this second half of January.
Exchange Rate Evolution
However, the recent arrival of Donald Trump to the presidency of the United States and the measures he may take regarding Cuba could soon impose changes on the evolution and trends of the informal currency market on the island.
Regarding this, in recent hours, a false statement has gone viral on social media attributed to the Trump administration, which announced a supposed package of measures that included the suspension of remittances and direct commercial flights to Cuba.
It also included travel restrictions for Cubans residing in the U.S., as well as the deportation of Cuban citizens with deportation orders or connections to the repressive and ideological apparatus of the Cuban regime. Although this statement is false in principle, the reality is that the tension over what may unfold in the coming days persists.
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 of MLC to CUP according to elTOQUE: 240 CUP.
Equivalencies 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 from January 23:
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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