Calm this Tuesday in the Cuban informal market for the second consecutive day.
At dawn on this June 10, the dollar remains priced at 375 CUP per unit.
In the case of the euro, after a few days of a sustained upward trend for the European currency, during which it even reached a selling price of 404 pesos, for the second consecutive day the European currency remains valued at 400 CUP.
The euro maintains a 25 peso advantage over the dollar, a gap that is unusual in the Cuban informal market between the two currencies.
Exchange Rate Evolution
The Freely Convertible Currency (MLC) is currently traded at 260 CUP.
Regarding the evolution of the Median Values of buying and selling of the three reference currencies, according to elTOQUE, the euro reaches 405 CUP in sales. On the other hand, the buying rate of the dollar drops by one point, settling at 372 pesos.
Exchange rate today 10/06/2025 - 7:30 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 375 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 400 CUP.
Tasa de cambio from MLC to CUP according to elTOQUE: 260 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 this June 10:
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.
EUROS (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
Frequently asked questions about the black market for currency in Cuba
What is the exchange rate of the dollar in the Cuban black market today?
The exchange rate of the US dollar in the Cuban black market is 375 CUP per unit. This stability in the rate has been maintained over the past few days, but it is important to continue monitoring due to the volatility of the market in Cuba.
How much is the euro being sold for in Cuba's informal market?
The euro is being sold for 400 CUP in Cuba's informal market. Although this figure represents a slight decrease compared to previous days, the euro maintains an unusual advantage of 25 pesos over the dollar.
How is the freely convertible currency (MLC) being valued in the Cuban black market?
The Freely Convertible Currency (MLC) is trading at 260 CUP. This value has shown stability compared to other more volatile exchanges in the Cuban informal market.
Why do Cubans depend so much on the black market for foreign currency?
Cubans rely on the black market for foreign currency because these rates determine their real purchasing power. The Cuban economy is characterized by scarcity and inflation, which forces citizens to seek strategies to protect themselves from the devaluation of the national currency and ensure access to essential products that are not available in state-run stores.
Filed under: