The currency market in Cuba remains stable while the MLC declines again



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The unofficial exchange rate in Cuba begins this Saturday, March 28, 2026, with a stable outlook for the main currencies, although there has been a slight decline in the value of the MLC, the currency used in the state commercial circuit.

According to the monitoring of the parallel market, the US dollar (USD) remains at 515 CUP and the euro (EUR) at 580 CUP, with no changes compared to the previous day. In contrast, the MLC shows a slight decline, confirming its more volatile behavior within the informal system.

Informal exchange rate in Cuba Saturday, March 28, 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 from (MLC) to Cuban pesos CUP: 390 CUP

This scenario reinforces the trend observed over the past week, characterized by sustained stability in the European and American currencies.

Exchange Rate Evolution

However, the "plastic money" implemented by the regime for purchases in its MLC stores has shown fluctuating behavior over the past week, with ups and downs that reflect the uncertainty in an economic context marked by persistent inflation and the increasing partial dollarization of the Cuban economy.

In today's session, that pattern is repeating: stability in strong currencies and a slight correction in the MLC.

Generally speaking, the informal market continues to function as the main indicator of the real value of the Cuban peso.

The apparent stability does not imply an economic improvement, but rather the consolidation of a scenario where the national currency remains weak against a sustained demand for foreign currencies, amidst scarcity, inflation, and a loss of purchasing power.

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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.