The informal exchange rate in Cuba remains stable for the US dollar, which is priced at 515 Cuban pesos (CUP) this Monday, March 23, 2026, showing no changes compared to previous days.
However, the MLC (freely convertible currency) experiences a slight increase, reaching 410 CUP, while the euro remains at 580 CUP.
Informal exchange rate in Cuba Monday, March 23, 2026 - 07:00:
- Exchange rate of the dollar (USD) to Cuban pesos (CUP): 515 CUP
- Exchange rate of the euro (EUR) to Cuban pesos (CUP): 580 CUP
- Exchange rate of MLC to Cuban pesos (CUP): 410 CUP
This stability of the dollar temporarily alleviates the pressure on those who rely on the informal market to access foreign currency, in a context marked by inflation and shortages of basic products.
Exchange Rate Evolution
The increase in MLC reflects the growing need for foreign currency among Cuban households, which turn to this currency to purchase food, medicines, and other products not sold in Cuban pesos.
For its part, the stability of the dollar is due to reduced recent pressure on the informal market and the absence of factors that would cause sharp fluctuations in its exchange rate.
The informal market continues to serve as a real price reference on the island, given an official rate that does not reflect the current economic conditions. Many Cubans closely follow the daily fluctuations of these currencies, aware of their direct impact on purchasing power.
Although stability currently prevails with a slight adjustment in the MLC, the situation can change rapidly depending on economic decisions, shifts in demand, or new measures related to the use of foreign currencies in the country.
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