The informal currency market in Cuba starts this Sunday without changes in the main currencies, in a day characterized by price stability and an economic and political context that remains highly volatile.
According to data published by the independent observatory elTOQUE, the US dollar (USD) remains at 490 Cuban pesos (CUP), the euro (EUR) holds its value at 530 CUP, and the Convertible Currency (MLC) stays at 410 CUP, following a slight increase observed in previous days.
Informal exchange rate in Cuba Sunday, January 25, 2026 - 06:47
- Exchange rate of the dollar (USD) to Cuban pesos CUP: 490 CUP
- Exchange rate of the euro (EUR) to Cuban pesos CUP: 530 CUP
- Exchange rate of (MLC) to Cuban pesos CUP: 410 CUP
The stability of this Sunday contrasts with the recent movement of the official rate, after the Central Bank of Cuba (BCC) accelerated the depreciation of the peso in recent days, driving the official dollar up to 435 CUP and the euro above 512 CUP.
Exchange Rate Evolution
Nevertheless, the gap with the informal market remains significant, reinforcing the perception that the so-called “floating rate” continues to be disconnected from economic reality.
Analysts point out that the current calm should not be interpreted as a change in trend, but rather as a technical pause in the market after weeks of adjustments. In Cuba, stability tends to be fragile and dependent on external factors, such as the availability of foreign currency, the energy crisis, and the international political climate.
In that sense, pressure on the Cuban regime has intensified in recent days, with reports from the United States regarding the evaluation of new measures to tighten the economic embargo, particularly in the energy sector.
Although these are not yet implemented decisions, the mere scenario increases uncertainty and fuels distrust in the Cuban peso.
For now, the informal market seems to have internalized those tensions, keeping exchange rates stable. However, recent experience indicates that any shock—whether economic or geopolitical—can quickly translate into new upward pressures on currencies in a country where the real value of money is still determined on the street.
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