The U.S. dollar is trading this January 1, 2026, in the Cuban informal market, at 435 Cuban pesos (CUP), according to the independent media elTOQUE.
The US dollar, regarded as the primary safe haven for Cubans, continues to experience strong demand amid the lack of economic stability and cash shortages in banks.
The euro reaches 480 CUP today, solidifying its position as the most expensive currency in the parallel market. Its circulation is lower than that of the dollar, but many Cubans prefer it for travel and international transactions, especially those who receive remittances from Europe.
For its part, the MLC (freely convertible currency) remains at 400 CUP. Despite its recent decline, it still serves as a middle ground for those shopping in state stores or digital platforms.
Exchange Rate Evolution
Informal exchange rate in Cuba. Thursday, January 1, 2026 - 06:00
Exchange rate of the dollar (USD) to Cuban pesos (CUP): 435 CUP
Exchange rate of the euro (EUR) to Cuban pesos (CUP): 480 CUP
Exchange rate from MLC to Cuban pesos CUP: 400 CUP
Equivalence of Dollar and Euro Bills to Cuban Peso
Dollar to Cuban pesos:
- $1 USD → 435 CUP
- $2 USD → 870 CUP
- $5 USD → 2,175 CUP
- $10 USD → 4,350 CUP
- $20 USD → 8,700 CUP
- $50 USD → 21,750 CUP
- $100 USD → 43,500 CUP
Euro to Cuban pesos:
- €5 EUR → 2,400 CUP
- €10 EUR → 4,800 CUP
- €20 EUR → 9,600 CUP
- €50 EUR → 24,000 CUP
- €100 EUR → 48,000 CUP
- €200 EUR → 96,000 CUP
- €500 EUR → 240,000 CUP
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