The price of the dollar drops in the black market: This is how currencies stand in Cuba this Monday

The value of the US dollar continues to plummet in the informal market in Cuba.

Foreign currencies and Cuban money (Reference image)Photo © CiberCuba

The US dollar reached a rate of 440 Cuban pesos (CUP) in the informal market this Monday, according to updated data from elTOQUE.

The American dollar is the most sought after by Cubans for cash transactions and remittances. Its price has been plummeting for days. This Monday, it opens with a value that is 10 pesos lower than the previous day.

On its part, the euro is trading today at 500 Cuban pesos, which is also 10 pesos less than on Sunday. However, it is the strongest currency in the parallel market. Its value reflects the interest of Cubans in preserving savings in a more stable currency in light of the devaluation of the CUP.

The MLC (freely convertible currency), used in state-owned stores, is valued at 205 Cuban pesos per unit. Its value is lower than that of the dollar and the euro, but it serves as an important reference for those purchasing basic goods in the state-controlled trade system.

Exchange Rate Evolution

Informal exchange rate in Cuba Monday, November 3, 2025 - 06:00

Exchange rate of the dollar (USD) to Cuban pesos (CUP): 440 CUP

Euro (EUR) to Cuban pesos (CUP) exchange rate: 500 CUP

Exchange rate from (MLC) to Cuban pesos CUP: 205 CUP

Equivalence of United States Dollar (USD) to Cuban Peso

United States Dollar (USD → CUP)

  • 1 USD = 440 CUP
  • 5 USD = 2,200 CUP
  • 10 USD = 4,400 CUP
  • 20 USD = 8,800 CUP
  • 50 USD = 22,000 CUP
  • 100 USD = 44,000 CUP

Euro (EUR → CUP)

  • 5 EUR = 2,500 CUP
  • 10 EUR = 5,000 CUP
  • 20 EUR = 10,000 CUP
  • 50 EUR = 25,000 CUP
  • 100 EUR = 50,000 CUP
  • 200 EUR = 100,000 CUP
  • 500 EUR = 250,000 CUP

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CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.