The dollar, the euro, and the Freely Convertible Currency (MLC) are experiencing another day of calm in the informal market this Thursday.
This May 15, the exchange rate of the US dollar remains at 370 CUP, consolidating a stability that has lasted for almost two weeks, precisely since May 3.
The euro, for its part, is quoted at 385 CUP, which represents a difference of 15 pesos above the U.S. dollar.
In the case of the MLC, it is sold for an average of 260 Cuban pesos.
The median values of the three reference currencies in the last 24 hours
Exchange Rate Evolution
Exchange rate today 05/15/2025 - 7:35 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 370 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 385 CUP.
Exchange rate from MLC to CUP according to elTOQUE: 260 CUP.
Equivalences 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 of this May 15:
1 USD = 370 CUP.
5 USD = 1,850 CUP.
10 USD = 3,700 CUP.
20 USD = 7,400 CUP.
50 USD = 18,500 CUP.
100 USD = 37,000 CUP.
EUROS (EUR)
1 EUR = 385 CUP.
5 EUR = 1.925 CUP.
10 EUR = 3,850 CUP.
20 EUR = 7,700 CUP.
50 EUR = 19,250 CUP.
100 EUR = 38,500 CUP.
200 EUR = 77,000 CUP.
500 EUR = 192,500 CUP.
Cubans closely monitor the informal exchange rate of the dollar, the euro, and the MLC because this determines their real purchasing power in a economy marked by scarcity and inflation.
The volatility of exchange rates in Cuba causes many citizens residing on the island to closely monitor the evolution of the informal market, in search of strategies to protect their purchasing power against the devaluation of the national currency.
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