Day with no changes in currency exchange rates in Cuba, according to the daily report from the independent media elTOQUE.
At 10:00 a.m. (Cuban local time) the dollar remains valued at 376 CUP, the same price it reached on Tuesday.
However, the median of values indicates, for the second consecutive day, that sales are already hovering around 378 CUP in some areas. We will have to wait and see if this figure solidifies in the coming hours or days.
In the case of the euro, following a recent streak where the European currency accumulated successive increases: up to four records in just a few days, this Wednesday it remains stable at 410 CUP, a value it reached yesterday after a decrease of five CUP.
Exchange Rate Evolution
Only the virtual currency used by the Cuban regime remains unchanged this June 18. The Freely Convertible Currency (MLC) continues to be sold today at 260 CUP.
Exchange rate today 06/18/2025 - 10:20 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 376 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 410 CUP.
Exchange rate from MLC to CUP according to elTOQUE: 260 CUP.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates on June 18:
1 USD = 376 CUP.
5 USD = 1,880 CUP.
10 USD = 3,760 CUP.
20 USD = 7,520 CUP.
50 USD = 18,800 CUP.
100 USD = 37,600 CUP.
Euros (EUR) to CUP
1 EUR = 410 CUP.
5 EUR = 2,050 CUP.
10 EUR = 4,100 CUP.
20 EUR = 8,200 CUP.
50 EUR = 20,500 CUP.
100 EUR = 41,000 CUP.
200 EUR = 82,000 CUP.
500 EUR = 205,000 CUP.
Projections for the remainder of June
An article recently published by elTOQUE anticipated -based on an analysis from the Observatory of Currencies and Finances of Cuba (OMFi)- that it was likely for the foreign exchange market for the remainder of June to become "more active and volatile" than in previous months, and that is indeed the case.
The Cuban Currency and Finance Observatory (OMFi) explained that in May, there was an excess supply, and predicted that June could be dominated by an excess demand, which would raise the exchange rates of currencies.
According to the forecasting models of the OMFi, the likely values for the exchange rate in Cuba as of June 30, 2025, would be the following:
For the US dollar (USD), a central value of 385 Cuban pesos is projected, with a maximum value of 408 and a minimum of 365.
-As for the euro (EUR), a central value of 406 Cuban pesos is estimated, with a maximum of 421 and a minimum of 385.
Finally, for the Freely Convertible Currency (MLC), the forecast indicates a central value of 274 Cuban pesos, with a maximum of 284 and a minimum of 260.
Frequently asked questions about the black market for foreign currency in Cuba
What is the current exchange rate of the dollar in the Cuban black market?
The exchange rate of the US dollar (USD) in the Cuban black market is 376 Cuban pesos (CUP). This figure remains stable according to the daily report from the independent outlet elTOQUE. It is expected that the dollar could reach a central value of 385 CUP by the end of June, according to the Observatory of Currencies and Finance of Cuba (OMFi).
How much is the euro being sold for in Cuba's informal market?
The euro is being sold at 410 Cuban pesos (CUP) in the informal market in Cuba. This stability comes after a series of increases that saw the euro reach several peaks in recent days. According to projections from the OMFi, the euro could settle at a central value of 406 CUP by the end of June.
What is the current situation of the Freely Convertible Currency (MLC) in Cuba?
The Freely Convertible Currency (MLC) remains at 260 Cuban pesos (CUP). It has not experienced recent changes, but its central value is expected to reach 274 CUP by the end of June, with a range that could vary between 260 and 284 CUP, according to the OMFi.
What factors are currently influencing the currency market in Cuba?
The currency market in Cuba is primarily influenced by a shift from an excess supply to an excess demand trend. This could lead to an increase in foreign exchange rates. Furthermore, the political and economic situation in the country, along with market speculation, also play a crucial role in the volatility of exchange rates.
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