This Thursday, the informal currency market in Cuba awakens to some news: a slight decrease in the price of the dollar in informal sales in Cuba.
The US dollar falls to 507 CUP, which is one peso less than the record value it reached this Wednesday, according to the reference rate published by elTOQUE.
Moreover, at 6:00 a.m. (Cuban local time) on this February 26, the euro remains at 570 CUP.
The MLC, for its part, retains the 405 CUP that it reached on February 24.
Exchange Rate Evolution
Exchange rate today 02/25/2026 - 6:37 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 507 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 570 CUP.
Exchange rate of MLC to CUP according to elTOQUE: 405 CUP.
The rates published by elTOQUE have become a key indicator for measuring the actual evolution of the Cuban peso against foreign currencies, in a context where the official exchange rate (1 USD = 24 CUP for legal entities and 1 USD = 120 CUP in the state exchange market) remains well below the values that prevail in everyday practice.
This is compounded by the so-called "floating" exchange rate, which, although presented as a more flexible mechanism since mid-December, remains far from the informal rate and fails to meet the actual demand for foreign currency among the population.
The gap between the official and informal exchange rates reflects the persistent shortage of foreign currency in the state banking system and the high demand for dollars and euros from the population, whether for emigration, importing goods, protecting savings, or making purchases in the private sector.
In an environment of sustained inflation, low state wages, and increasing partial dollarization of the economy, every fluctuation in the informal market directly impacts internal prices and the purchasing power of Cubans.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates on this 26th of February:
1 USD = 507 CUP.
5 USD = 2,535 CUP.
10 USD = 5,070 CUP.
20 USD = 10,140 CUP.
50 USD = 25,350 CUP.
100 USD = 50,700 CUP.
Equivalence of Euro (EUR) banknotes to Cuban Peso (CUP):
1 EUR = 570 CUP.
5 EUR = 2,850 CUP.
10 EUR = 5,700 CUP.
20 EUR = 11,400 CUP.
50 EUR = 28,500 CUP.
100 EUR = 57,000 CUP.
200 EUR = 114,000 CUP.
500 EUR = 285,000 CUP.
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