The MLC sees an increase in the informal Cuban market: here's how the currencies are today

The MLC rises in the Cuban informal market, while the dollar and euro remain stable.


The price of the US dollar (USD) in the Cuban informal market remains at 370 Cuban pesos (CUP) this Friday, May 9, according to the daily rate monitoring conducted by the independent media outlet elTOQUE.

The dollar exchange rate has not changed in recent days, indicating a temporary stability amidst an economy marked by a scarcity of foreign currencies, the devaluation of the Cuban peso, and a sustained rise in prices.

For its part, the euro (EUR) also holds its value at 385 CUP, consolidating itself as the most expensive currency in the informal market. Although it has experienced slight recent fluctuations, the European currency continues to outperform the dollar, driven by its low availability in the country.

The most significant change of the day is represented by the Cuban Convertible Peso (MLC), which has increased by five pesos compared to the previous day and is currently valued at 265 CUP. This currency, primarily used in state-run stores to purchase essential products, continues to serve as a key reference for many domestic transactions, despite not being legally circulated outside the official banking circuit.

Informal exchange rate in Cuba – Friday, May 9, 2025.

Dollar (USD): 370 CUP

Exchange Rate Evolution

Euro (EUR): 385 CUP

MLC: 265 CUP

Filed under:

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.