Neither up nor down. Dollars, euros, and freely convertible currency (MLC) remain unchanged in the informal Cuban market.
In the last 24 hours, none of the three benchmark currencies in Cuba has shown any signs of movement, either up or down, in informal trading, and this has been the case for several weeks now.
At dawn this Monday, the three currencies have remained unchanged for 12 days, according to documents the independent media elToque based on monitoring purchase and sale announcements on social media.
The dollar remains at 340 CUP, a price it has held since January 11. The US currency has now been stable for 23 days.
Also without movement, the euro. The European currency remains today at 340 CUP, just like the dollar.
Exchange Rate Evolution
In the case of the Freely Convertible Currency (MLC), it remains valued at 240 CUP, and has now maintained that price for three weeks.
Tasa de cambio hoy 03/02/2025 - 7:56 a.m. en 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.
The recent announcement by the United States government regarding the inclusion of Orbit S.A. in the Restricted Entities List has not yet been felt in the informal Cuban market. However, this inclusion has raised concerns among Cubans who rely on remittances sent from abroad.
Orbit S.A. emerged as a viable alternative for remittance processing following the exit of Fincimex S.A. from the business due to sanctions imposed by the U.S. Department of the Treasury.
Ahora, con the reactivation of Title III of the Helms-Burton Act y la ampliación de la lista de entidades cubanas restringidas implementada por la administración Trump, el futuro de las remesas a Cuba vuelve a estar en entredicho.
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 this February 3rd:
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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