Dollars, euros, and Freely Convertible Currency (MLC) remain on stand by in the Cuban informal market.
In the last 24 hours, none of the three currencies has shown any signs of movement, either up or down, in the informal buying and selling, and it has been like this for many days now.
At dawn this Friday, the three reference currencies in informal trading on the island have remained unchanged for nine days, according to reports the independent media elToque based on monitoring sales announcements on social media.
The dollar remains at 340 CUP, a price it has held since January 11. The U.S. currency has now gone 20 days without change.
Also, the euro remains unchanged. The European currency is also stable today at 340 CUP, the same as the dollar.
Exchange Rate Evolution
In the case of the Freely Convertible Currency (MLC), it remains valued at 240 CUP and has been at that value for 18 days now.
There has been no immediate reaction to the announcement made this week by the Cuban government regarding the upcoming opening of stores in dollars throughout the national territory, as part of the partial dollarization process of the economy.
On the other hand, the regime also assured that the accounts in freely convertible currency (MLC) will remain in the banks on the island.
Exchange rate today 01/31/2025 - 7:12 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 from MLC to CUP according to elTOQUE: 240 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 as of January 31:
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.
Filed under:
