Unchanged; this is how the dollar, the euro, and the freely convertible currency (MLC) opened today in the Cuban informal market.
At dawn this Friday, the dollar remained at 345 CUP, a price it has held since last weekend.
The European currency remains at 345 CUP, the price it reached on Thursday after losing the increase it achieved on Tuesday, when it climbed to 348 CUP, in just 48 hours.
In the case of the Freely Convertible Currency (MLC), following the series of increases that marked February, it currently remains at 285 CUP.
The median of purchase and sale values of currencies in the informal market shows an increase in recent hours in the purchase price of the dollar, which rises to 342 CUP.
Exchange Rate Evolution
Exchange rate today 3/7/2025 - 12:48 p.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 345 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.
The volatility of exchange rates in Cuba causes many residents on the island to closely monitor the trends in the informal market, seeking strategies to protect their purchasing power against the devaluation of the national currency.
Equivalences of each available banknote of euros and US dollars to Cuban pesos (CUP)
United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates on this March 7th:
Dollar (USD):
1 USD = 345 CUP.
5 USD = 1,725 CUP.
10 USD = 3,450 CUP.
20 USD = 6,900 CUP.
50 USD = 17,250 CUP.
100 USD = 34,500 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.
Frequently asked questions about the black market for currency in Cuba
What is the current exchange rate of the dollar in the Cuban informal market?
The exchange rate of the US dollar in the Cuban informal market is 345 CUP. This rate has remained stable since last weekend, according to monitoring conducted by the independent media outlet elTOQUE.
How has the price of the euro evolved in Cuba's black market?
The euro remains at 345 CUP in the Cuban informal market. Although it recently lost an increase it had achieved, it has not experienced any significant changes in the last few weeks.
What is the current status of the freely convertible currency (MLC) in Cuba?
The freely convertible currency (MLC) is at 285 CUP. After experiencing a series of increases during February, its value has remained stable in March.
Why is it important to follow the evolution of the informal currency market in Cuba?
The volatility of exchange rates in Cuba forces citizens to closely monitor the informal market. This is crucial to protect their purchasing power against the constant devaluation of the Cuban peso (CUP).
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