At dawn this Monday, the informal currency market continues the tranquility it maintained over the weekend. The dollar, the euro, and the freely convertible currency (MLC) have maintained the same value since Friday.
The dollar remains pegged at 360 CUP, the euro at 370, and the MLC at 260.
However, the median buying and selling values of the dollar over the last 24 hours - shared by the independent media elToque - provides indications that the U.S. currency may increase in value in the coming hours, as it is currently at 363 CUP, which represents an increase of three pesos.
Exchange rate today 04/14/2025 - 8:05 a.m. in Cuba:
Dollar exchange rate USD to CUP according to elTOQUE: 360 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 370 CUP.
Exchange Rate Evolution
Exchange rate from MLC to CUP according to elTOQUE: 260 CUP.
Equivalences of each available bill in euros and US dollars to Cuban pesos (CUP)
United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates as of April 14:
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)
1 EUR = 370 CUP.
5 EUR = 1,850 CUP.
10 EUR = 3,700 CUP.
20 EUR = 7,400 CUP.
50 EUR = 18,500 CUP.
100 EUR = 37,000 CUP.
200 EUR = 74,000 CUP.
500 EUR = 185,000 CUP.
Cubans closely monitor the informal exchange rate of the dollar, euro, and MLC because it determines their actual purchasing power in an economy marked by scarcity and inflation.
The volatility of exchange rates in Cuba makes many residents on the island closely monitor the evolution of the informal market, in search of strategies to protect their purchasing power against the devaluation of the national currency.
Frequently Asked Questions about the Exchange Rate in Cuba
What is the exchange rate of the dollar in the informal market in Cuba today?
The dollar is quoted at 360 CUP in the Cuban informal market as of April 14, 2025. However, there are signs that it could rise to 363 CUP in the coming hours.
What is the exchange rate for the euro in Cuba's informal market today?
The euro is trading at 370 CUP in the Cuban informal market as of April 14, 2025.
What is the value of the freely convertible currency (MLC) in the Cuban informal market today?
The MLC is trading at 260 CUP in the informal market in Cuba as of April 14, 2025.
Why is the informal currency market important in Cuba?
The informal currency market in Cuba is crucial because it determines the real purchasing power of citizens in an economy characterized by scarcity and inflation. Cubans rely on this market to obtain essential goods, as salaries in Cuban pesos are insufficient to cover basic needs.
Filed under: