The content creator Katy Catarina, known on social media as Aprendedora (@aprendedorajeje), has prompted reactions among her followers after sharing a video in which she humorously reflects on the uselessness of the Cuban peso in 2025.
In the recording, published on her TikTok profile, the young woman holds several one-peso coins in her hands and poses a question that resonates with many Cubans: "What can you buy today for one peso?".
He set out to revisit all the places where he last used a morocota. However, none of those uses are worth anything today, because a peso is no longer enough to catch a bus, make a phone call, or enjoy a coffee.
"I keep them out of pity because I know I'm not going to use them," confesses the Cuban woman, while showing a small pile of the golden coins bearing the face of José Martí.
The scene, although filled with humor, reflects an increasingly harsh economic reality for the majority of Cubans. The video is set against the backdrop of the ongoing devaluation of the Cuban peso, which has been steadily losing value in the informal market for over five years.
On Wednesday, August 21, 2025, the exchange rate of the US dollar reached 405 CUP, while the euro is quoted at 450 CUP and the MLC at 195 CUP, according to data from the independent platform elTOQUE.
In this economic landscape, the reflection of the Aprendedora not only provides entertainment but also resonates with the daily frustration of those living on the island who witness their currency losing practical value each day.
Frequently asked questions about the devaluation of the Cuban peso in 2025
What is the current value of the Cuban peso compared to the dollar and the euro?
The US dollar is quoted at 405 Cuban pesos (CUP) and the euro at 450 CUP, according to recent data from the informal market. This devaluation reflects the severe economic crisis that Cuba is facing and the ongoing loss of value of the Cuban peso.
Why is the Cuban peso continuing to lose value?
The devaluation of the Cuban peso is the result of a combination of inflation, product shortages, and an increasingly dollarized economy. Furthermore, the economic policies of the socialist regime have contributed to the deterioration of the national currency, severely impacting the purchasing power of the population.
What impact does the devaluation of the Cuban peso have on the daily lives of citizens?
The devaluation of the Cuban peso directly affects the purchasing power of citizens, making basic products and essential services more expensive. This creates greater economic inequality, especially for those who do not have access to foreign currency, while wages in Cuban pesos are insufficient to cover basic needs.
How has the Cuban population reacted to the economic crisis and the devaluation of the peso?
Many Cubans have turned to social media to express their frustration and critique the socialist regime. The population is facing increasing difficulties in acquiring basic goods, and there has been a rise in the use of platforms like TikTok to denounce the situation and share personal experiences about the devaluation of the Cuban peso.
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