Timid rise of the dollar in the Cuban black market after weeks at the same price

The dollar remained stagnant for several weeks in the Cuban informal market.


The dollar surprises today. After several weeks priced at 340 CUP, at 6:00 a.m. this Friday (Cuban local time) the currency monitoring indicated 341 CUP, a modest increase of one peso.

However, the median value over the last 24 hours is 345 CUP concerning the sale of the dollar, a figure that indicates an increase of three pesos compared to the median from the previous day.

Median of buying and selling values in the Cuban informal market in the last 24 hours (Source: Screenshot from elToque)

It remains to be seen whether the rise of the U.S. dollar is temporary or if it will solidify in the coming days.

Regarding the freely convertible currency (MLC), which has seen a sustained and unprecedented increase in price for two weeks, today it remains stable at 285 CUP, just like the day before.

There are also no changes for the euro, the European currency remains priced at 345 CUP.

Exchange Rate Evolution

Representative rate of the Informal Currency Market in Cuba for today (Source: Capture from elToque)

Exchange rate today 02/28/2025 - 6:00 a.m. in Cuba:

Dollar exchange rate USD to CUP according to elTOQUE: 341 CUP.

Exchange rate of the euro EUR to CUP according to elTOQUE: 345 CUP.

Exchange rate from MLC to CUP according to elTOQUE: 285 CUP.

Equivalents 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 28:

1 USD = 341 CUP.

5 USD = 1,705 CUP.

10 USD = 3,410 CUP.

20 USD = 6,820 CUP.

50 USD = 17,050 CUP.

100 USD = 34,100 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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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.