The U.S. dollar is quoted at 548 Cuban pesos (CUP), according to the reference rate from elTOQUE. The American currency is the most sought after by Cubans, both for emigration purposes and for purchasing food, medicine, and other basic products.
The euro reaches 625 CUP, solidifying its position as the foreign currency with the highest value on the island. The increasing demand is largely driven by travel to Europe and many Cubans' desire to safeguard their savings against inflation and the depreciation of the Cuban peso.
Meanwhile, the Freely Convertible Currency (MLC) is trading this Monday at 410 CUP in the informal market. Its value remains below that of the dollar and the euro, but it continues to be a key reference for purchases in state-run establishments in Cuba.
Informal exchange rate in Cuba. Monday, May 18, 2026 - 06:00
Dollar (USD) exchange rate to Cuban pesos (CUP): 548 CUP
Exchange rate of the euro (EUR) to Cuban pesos (CUP): 625 CUP
Exchange rate from (MLC) to Cuban pesos CUP: 410 CUP
Equivalence of banknotes in Cuban pesos (CUP)
United States Dollar (USD)
- 1 USD = 548 CUP
- 5 USD = 2,740 CUP
- 10 USD = 5,480 CUP
- 20 USD = 10,960 CUP
- 50 USD = 27,400 CUP
- 100 USD = 54,800 CUP
Euro (EUR)
- 5 EUR = 3.125 CUP
- 10 EUR = 6,250 CUP
- 20 EUR = 12,500 CUP
- 50 EUR = 31,250 CUP
- 100 EUR = 62,500 CUP
- 200 EUR = 125,000 CUP
- 500 EUR = 312,500 CUP
Filed under: