Dollar price hits record in Cuba's informal market amid tensions with the U.S.

This is how the price of currencies in the Cuban black market stands on May 22.



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The US dollar rose this Friday in the informal Cuban market, reaching 555 CUP, five pesos more than the previous day, according to the reference rate from elTOQUE.

The increase marks a record in the price of the dollar and occurs amid strong political tensions between Cuba and the United States, in a context of uncertainty and ongoing scarcity on the island.

The rise of the greenback confirms the ongoing pressure on the Cuban peso and the deterioration of the population's purchasing power.

The euro, on its part, recorded a decline and is currently trading at 630 CUP, ten pesos less than the previous day, when it was exchanged at 640 CUP. Although it remains one of the most sought-after currencies in Cuba, the European currency demonstrated a slight setback in informal buying and selling operations carried out this Friday.

The Freely Convertible Currency (MLC) also fell in the informal market. This Friday, it was at 400 CUP, which represents a decrease of 10 pesos compared to the previous day, when it was trading at 410 CUP. Despite the drop, the MLC remains essential for accessing basic products in state-run stores.

Informal exchange rate in Cuba. Friday, May 22, 2026 - 07:51

Exchange rate of the dollar (USD) to Cuban pesos (CUP): 555 CUP

Exchange rate of the euro (EUR) to Cuban pesos (CUP): 630 CUP

Exchange rate from (MLC) to Cuban pesos CUP: 400 CUP

Equivalent of banknotes in Cuban pesos (CUP)

Dollar (USD → CUP)

  • 1 USD = 555 CUP
  • 5 USD = 2,775 CUP
  • 10 USD = 5,550 CUP
  • 20 USD = 11,100 CUP
  • 50 USD = 27,750 CUP
  • 100 USD = 55,500 CUP

Euro (EUR → CUP)

  • 5 EUR = 3,150 CUP
  • 10 EUR = 6,300 CUP
  • 20 EUR = 12,600 CUP
  • 50 EUR = 31,500 CUP
  • 100 EUR = 63,000 CUP
  • 200 EUR = 126,000 CUP
  • 500 EUR = 315,000 CUP

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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.