For the first time in several weeks, all three currencies in the Cuban informal market have experienced changes on the same day: today, the prices of dollars and euros are rising, while the freely convertible currency (MLC) is declining.
At dawn this Thursday, the average selling price of the US dollar rises for the second consecutive day and is at 358 CUP, according to the daily report from the independent media elToque.
The figure represents an increase in relation to the value of the dollar from the previous day and approaches the threshold of 360, which the euro has surpassed today.
In the case of the European currency, it rises by five pesos all at once and stands at 365 CUP.
The MLC, for its part, drops to 272 CUP.
Exchange Rate Evolution
Exchange rate today 03/04/2025 - 1:30 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 358 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 365 CUP.
Exchange rate from MLC to CUP according to elTOQUE: 272 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 on this April 3:
USD 1 = 358 CUP.
USD 5 = 1,790 CUP.
USD 10 = 3,580 CUP.
USD 20 = 7,160 CUP.
USD 50 = 17,900 CUP.
USD 100 = 35,800 CUP.
EUROS (EUR)
EUR 1 = 365 CUP.
EUR 5 = 1,825 CUP.
EUR 10 = 3,650 CUP.
EUR 20 = 7,300 CUP.
EUR 50 = 18,250 CUP.
EUR 100 = 36,500 CUP.
EUR 200 = 73,000 CUP.
EUR 500 = 182,500 CUP.
Cubans closely monitor the informal exchange rate of the dollar, euro, and MLC because it determines their real purchasing power in an economy characterized by scarcity and inflation.
The volatility of exchange rates in Cuba leads many residents on the island to closely monitor the developments in the informal market, in search of strategies to protect their purchasing power against the devaluation of the national currency.
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