The U.S. dollar is trading this Monday at 398 Cuban pesos (CUP) in the informal market, according to the exchange rate published by the independent media elTOQUE.
This value is one peso less than in the previous session, but it keeps the U.S. dollar at one of its highest levels in recent months, reflecting the ongoing depreciation of the Cuban peso against foreign currencies.
The euro, on its part, records a price of 445 CUP, while the freely convertible currency (MLC) is set at 210 CUP. These figures confirm the pressure facing the Cuban economy, characterized by sustained inflation, a shortage of foreign currency, and increasing dollarization.
These exchange rates have a direct impact on the cost of products and services, especially those linked to the black market or informal imports.
Exchange Rate Evolution
The informal currency market in Cuba operates without state regulation and has become the main reference point for most citizens, in a context where the official supply of dollars and euros is virtually nonexistent.
Informal exchange rate in Cuba, Monday, August 11, 2025 - 07:00
Exchange rate of the dollar (USD) to Cuban pesos (CUP): 398 CUP
Exchange rate of the euro (EUR) to Cuban pesos (CUP): 445 CUP
Exchange rate from (MLC) to Cuban pesos CUP: 210 CUP
Equivalence in pesos based on available banknotes
Dollar (USD)
- 1 USD → 398 CUP
- 5 USD → 1,990 CUP
- 10 USD → 3,980 CUP
- 20 USD → 7,960 CUP
- 50 USD → 19,900 CUP
- 100 USD → 39,800 CUP
Euro (EUR)
- 1 EUR → 445 CUP
- 5 EUR → 2,225 CUP
- 10 EUR → 4,450 CUP
- 20 EUR → 8,900 CUP
- 50 EUR → 22,250 CUP
- 100 EUR → 44,500 CUP
Frequently Asked Questions about the Foreign Exchange Market in Cuba
What is the price of the dollar in the black market in Cuba as of August 11, 2025?
The US dollar is trading at 398 Cuban pesos (CUP) in the informal market, according to the reference rate published by the independent media elTOQUE.
What is the impact of the informal exchange rate on the Cuban economy?
Exchange rates in the informal market have a direct impact on the cost of goods and services, especially those linked to the black market or informal imports. The Cuban economy is under pressure due to sustained inflation, a shortage of foreign currency, and increasing dollarization.
Why is the informal currency market so important in Cuba?
The informal currency market in Cuba is significant because it operates without state regulation and has become the primary reference for most citizens, in a context where the official supply of dollars and euros is practically non-existent.
How are the euro and the MLC priced in the informal Cuban market?
The euro is trading at 445 CUP and the freely convertible currency (MLC) is at 210 CUP, according to the informal rates on August 11, 2025.
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