How much is the dollar worth on the black market in Cuba? This is how the exchange rates look this weekend



Dollar in Cuba (reference image)Photo © CiberCuba / ChatGPT

The US dollar this Saturday, January 31, is priced at 485 Cuban pesos (CUP), according to the rate published by elToque.

The US dollar remains in strong demand across the country due to a shortage of cash and a lack of confidence in the Cuban peso.

The euro is currently exchanged at 530 CUP, solidifying its status as the most expensive currency in the parallel market.

The euro is increasingly being used as an alternative to the dollar, especially among those receiving remittances from Spain or engaging in transactions with European travelers.

Exchange Rate Evolution

The freely convertible currency (MLC) remains at 400 CUP. It continues to be a key reference for basic purchases.

Limited access to foreign currency and the gap between the official and informal value exacerbate the economic crisis and deepen inequality among Cubans.

Unofficial exchange rate in Cuba. Saturday, January 31, 2026 - 05:01

Exchange rate of the dollar (USD) to Cuban pesos (CUP): 485 CUP

Exchange rate of the euro (EUR) to Cuban pesos (CUP): 530 CUP

Exchange rate from (MLC) to Cuban pesos CUP: 400 CUP

Equivalence of dollar and euro bills to Cuban pesos

Dollars:

  • 1 USD = 485 CUP.
  • 5 USD = 2,425 CUP.
  • 10 USD = 4,850 CUP.
  • 20 USD = 9,700 CUP.
  • 50 USD = 24,250 CUP.
  • 100 USD = 48,500 CUP.

Euros:

  • 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.

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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.