Calmly, this is how the currencies opened on April 8 in the Cuban informal market, according to the daily report published by the independent media outlet elToque, which documents the ups and downs of street exchange rates.
At 8:00 a.m. this Tuesday (local time) the dollar remains pegged at 360 CUP and the euro at 365 CUP.
Also unchanged is the Freely Convertible Currency (MLC) which remains at 265 CUP, a price reached this Monday after a sudden drop of five units.
The median values of the exchange rates of the three currencies in the past 24 hours show little change.
Exchange rate today 04/08/2025 - 8:30 a.m. in Cuba:
Exchange Rate Evolution
Exchange rate of the dollar USD to CUP according to elTOQUE: 360 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 365 CUP.
Exchange rate from MLC to CUP according to elTOQUE: 265 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 8:
1 USD = 360 CUP.
5 USD = 1,800 CUP.
10 USD = 3,600 CUP.
20 USD = 7,200 CUP.
50 USD = 18,000 CUP.
100 USD = 36,000 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, the euro, and the MLC because it determines their real purchasing power in an economy characterized by scarcity and inflation.
The volatility of exchange rates in Cuba causes many residents on the island to closely monitor the evolution of the informal market, seeking strategies to protect their purchasing power against the devaluation of the national currency.
Frequently Asked Questions about the Black Market for Foreign Currency in Cuba
What is the current price of the dollar in the Cuban informal market?
The dollar is currently traded at 360 CUP in the Cuban informal market. This value has shown stability in recent days, reflecting the economic tension the country is facing.
What is the current exchange rate for the euro in Cuba?
The euro is currently sold for 365 CUP on the informal market in Cuba. This price has not changed in the last 24 hours, according to monitoring conducted by independent media.
What is the value of the Freely Convertible Currency (MLC) in the Cuban black market?
The freely convertible currency (MLC) remains at 265 CUP following a recent decline of five units. This value reflects the downward trend observed in recent weeks.
Why is the black currency market important for Cubans?
The black market for currency is crucial for Cubans because it determines their real purchasing power in an economy marked by scarcity and inflation. Cubans rely on these rates to plan their household economy and protect their savings against the devaluation of the Cuban peso.
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