Exchange rate: Decline in the value of a currency in Cuba



Dollars (Reference image)Photo © CiberCuba

The informal Cuban currency market has recorded a drop in the value of the freely convertible currency (MLC) in recent hours.

At 6:00 a.m. (local time) on January 23, the MLC is selling on average for 408 CUP, which represents a decrease of seven units compared to the 415 CUP reached by the Convertible Currency on the previous day.

In the case of the dollar, the U.S. currency remains at 490 CUP, which it reached on Tuesday of this week, marking its fourth consecutive day of stable value, according to the rate published this Friday by the independent medium elTOQUE.   

Also unchanged is the  euro, which is now trading again at 530 CUP, a value reached yesterday.

Exchange Rate Evolution

Exchange rate today 01/23/2026 - 6:58 a.m. in Cuba:

Exchange rate of the dollar USD to CUP according to elTOQUE: 490 CUP.

Exchange rate of the euro EUR to CUP according to elTOQUE: 530 CUP.

Exchange rate of MLC to CUP according to elTOQUE: 408 CUP.        

Equivalence of United States Dollar (USD) bills to Cuban Peso (CUP), according to the exchange rates of January 23rd:

1 USD = 490 CUP.

5 USD = 2,450 CUP.

10 USD = 4,900 CUP.

20 USD = 9,800 CUP.

50 USD = 24,500 CUP.

100 USD = 49,000 CUP.

Equivalence of Euro (EUR) banknotes to Cuban Peso (CUP):

1 EUR = 530 CUP.

5 EUR = 2,650 CUP.

10 EUR = 5,300 CUP.

20 EUR = 10,600 CUP

50 EUR = 26,500 CUP.

100 EUR = 53,000 CUP.

200 EUR = 106,000 CUP.

Filed under:

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.