The price of the US dollar (USD) remains at 375 Cuban pesos (CUP) this Monday, June 9, 2025, in the informal market of the island, according to the reference rate published by the independent media elTOQUE.
The current exchange rate reflects a relative stability in the value of the U.S. dollar, after several weeks without significant fluctuations, in an economic context marked by inflation and a scarcity of foreign currency.
For its part, the euro (EUR) is trading today at 400 CUP, which represents a decrease of four pesos compared to the previous day. This currency continues to hold its position as the most expensive currency against the Cuban peso.
For weeks, the euro has outperformed the dollar in the Cuban black market, but the current difference of 25 pesos between the two currencies indicates a slight preference among Cubans for the European currency.
Exchange Rate Evolution
The MLC (Freely Convertible Currency), used in state-owned stores, has an exchange rate of 260 CUP this Monday. Despite its official use within the Cuban commercial system, the value of the MLC has shown a slight depreciation against the dollar and the euro in the informal market, reflecting the loss of purchasing power in a complex economic environment.
Informal exchange rate in Cuba, Monday, June 9, 2025 - 11:09
- Exchange rate of the dollar (USD) to Cuban pesos (CUP): 375 CUP
- Exchange rate of the euro (EUR) to Cuban pesos (CUP): 400 CUP
- Exchange rate from (MLC) to Cuban pesos CUP: 260 CUP
Available bill equivalencies for each currency
Dollar (USD)
- 1 USD = 375 CUP
- 5 USD = 1,875 CUP
- 10 USD = 3,750 CUP
- 20 USD = 7,500 CUP
- 50 USD = 18,750 CUP
- 100 USD = 37,500 CUP
Euro (EUR) – 1 EUR = 400 CUP
- 5 EUR = 2,000 CUP
- 10 EUR = 4,000 CUP
- 20 EUR = 8,000 CUP
- 50 EUR = 20,000 CUP
- 100 EUR = 40,000 CUP
- 200 EUR = 80,000 CUP
- 500 EUR = 200,000 CUP
Frequently Asked Questions about Exchange Rates in the Informal Market in Cuba
What is the current price of the dollar in Cuba's informal market?
The price of the US dollar (USD) remains at 375 Cuban pesos (CUP) this Monday, June 9, 2025. This rate reflects a relative stability in the value of the North American currency, amidst a context of inflation and currency shortages on the island.
How is the euro quoted in comparison to the dollar in the Cuban black market?
The euro (EUR) is trading at 400 Cuban pesos (CUP), surpassing the dollar by 25 pesos. This difference indicates a slight preference for the European currency, despite its recent decrease of four pesos compared to the previous day.
What is the current value of the Freely Convertible Currency (MLC) in Cuba?
The value of the Freely Convertible Currency (MLC) is 260 Cuban pesos (CUP). Although it is used in state-run stores, it has shown a slight depreciation against the dollar and the euro in the informal market.
What factors influence the exchange rates in the informal market in Cuba?
Inflation, the shortage of foreign currency, and the devaluation of the Cuban peso are key factors that influence exchange rates in the informal market. The high demand for foreign currencies and the difficulties in accessing them through official channels also play an important role in these fluctuations.
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