The informal foreign exchange market in Cuba started this Sunday with stability in the dollar and the euro, while the Convertible Currency (MLC) saw a new upward adjustment, confirming that pressure on the Cuban peso has not dissipated, despite the pause observed in the two main reference currencies.
According to the data published by the independent observatory elTOQUE, the US dollar (USD) remains at 495 Cuban pesos (CUP), the same value reached on the previous day.
On its part, the euro (EUR) maintains its exchange rate of 550 CUP, following the strong increase recorded over the past week. The MLC, on the other hand, rises by ten pesos and is now at 410 CUP, recovering the level it had lost on Saturday.
Informal exchange rate in Cuba Sunday, February 8, 2026 - 06:33
Exchange Rate Evolution
- Exchange rate of the dollar (USD) to Cuban pesos CUP: 495 CUP
- Exchange rate of the euro (EUR) to Cuban pesos CUP: 550 CUP
- Exchange rate from (MLC) to Cuban pesos CUP: 410 CUP
The stability of the dollar and the euro this Sunday comes after several days of gradual but steady gains, which brought both currencies to new recent highs.
In the case of the dollar, the price stabilized at 495 CUP after breaking the 490 barrier, while the euro ended the week with an accumulated increase of 20 pesos, solidifying its position as the most expensive currency in the Cuban informal market.
The behavior of the MLC reflects a different dynamic. After retreating to 400 CUP on Saturday, the digital currency rises again this Sunday, demonstrating a more erratic pattern, influenced by the availability of balances, demand in state stores, and the gradual loss of appeal compared to physical currencies, which are seen as a safer refuge.
This scenario occurs in a context characterized by the persistent disconnection between the informal market and the official exchange rate of the Central Bank of Cuba (BCC).
Although in recent days the monetary authority has accelerated the devaluation of the peso through its so-called "floating rate," the gap with the street remains significant, reinforcing the role of the informal market as a real reference for the value of money.
Analysts agree that the calm observed today does not indicate a change in trend, but rather a technical pause following a week of intense exchange rate tension.
In Cuba, recent experience shows that these periods of stability are usually short-lived and highly sensitive to any economic or political upheaval.
For now, the informal market seems to have absorbed the latest developments, but the underlying issues remain unchanged: inflation, a shortage of foreign currency, and structural distrust in the Cuban peso continue to drive citizens to safeguard their purchasing power in stronger currencies.
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