This Wednesday, the informal currency market in Cuba records only one significant movement: the Freely Convertible Currency (MLC) jumps by 15 pesos at once, rising to 400 CUP, according to monitoring by elTOQUE.
The dollar and the euro remain unchanged compared to the previous day: the dollar stands at 525 CUP and the euro at 590 CUP.
The rebound of the MLC contrasts with the drop it recorded yesterday, when it fell to 385 CUP, its lowest level in recent days.
The dollar, for its part, maintains the historical high of 525 CUP it reached on Sunday, April 12, when it hit that level for the first time, although it later experienced a brief setback.
Exchange Rate Evolution
Since April 2, when it was priced at 515 CUP, the US dollar has experienced an increase of ten pesos in the informal market in just two weeks.
Exchange rate today 04/15/2026 - 7:37 a.m. in Cuba:
Exchange rate of the dollar USD to CUP according to elTOQUE: 525 CUP.
Exchange rate of the euro EUR to CUP according to elTOQUE: 590 CUP.
Exchange rate from MLC to CUP according to TOQUE: 400 CUP.
The Central Bank of Cuba (BCC) maintains an official rate in Segment III of between 480 and 485 CUP per dollar and 554.16 CUP per euro, representing a gap of between 5% and 8% with the informal market.
This difference highlights the disconnect between the official currency policy and the economic reality that Cubans face daily, where the informal market remains the true reference for price formation.
The Cuba Currency and Finance Observatory (OMFi) warns that the apparent stability of recent days is more a result of a slowdown in economic activity than a structural improvement, in a context marked by a persistent energy crisis and a decline in tourism.
According to the OMFi, "this decreased pressure in the market reflects an economy with less capacity for movement and foreign currency generation."
The Cuban tourism recorded only 917 million dollars in revenue and 1.9 million visitors in 2025, a 14% decrease compared to 2024, according to the National Office of Statistics and Information (ONEI), and in February 2026, arrivals fell by 56% year-on-year.
As we approach the end of April, the most likely scenario projected by the OMFi indicates a new moderate depreciation of the Cuban peso: the dollar could reach 533 CUP, the euro 604 CUP, and the MLC could be around 393 CUP.
Analysts warn, however, of high uncertainty in those projections, with wide ranges of variation: the euro could fluctuate between 574 and 640 CUP, and the dollar between 503 and 590 CUP by the end of the month.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), based on the exchange rates as of April 15:
1 USD = 525 CUP.
5 USD = 2,625 CUP.
10 USD = 5,250 CUP.
20 USD = 10,500 CUP.
50 USD = 26,250 CUP.
100 USD = 52,500 CUP.
Equivalence of Euro (EUR) banknotes to Cuban Peso (CUP):
1 EUR = 590 CUP.
5 EUR = 2,950 CUP.
10 EUR = 5,900 CUP.
20 EUR = 11,800 CUP.
50 EUR = 29,500 CUP.
100 EUR = 59,000 CUP.
200 EUR = 118,000 CUP.
500 EUR = 295,000 CUP.
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