The US dollar opened this Thursday with a new record price as it is currently trading at 568 Cuban pesos (CUP) in the informal currency market in Cuba, according to the daily report from elTOQUE.
The American dollar rose three pesos compared to the previous day, when it was selling at 565 CUP. This increase confirms the ongoing pressure on the Cuban peso and the high demand for dollars amidst the economic crisis, political issues, and inflation.
The euro also recorded an increase in its value, reaching a new high of 645 CUP. The European currency gained five pesos compared to the previous day, when it was trading at 640 CUP.
The behavior reflects the instability of the informal exchange market and the population's search for strong currencies to cope with the changes that could soon arrive in the country.
Exchange Rate Evolution
On its part, the Freely Convertible Currency (MLC) dropped to 410 CUP, twenty pesos less than yesterday, when it was at 430 CUP. The significant decrease highlights the loss of interest and confidence in this currency within the Cuban informal market, despite its continued use.
Informal exchange rate in Cuba. Thursday, May 28, 2026 - 06:08
Exchange rate of the dollar (USD) to Cuban pesos (CUP): 568 CUP
Exchange rate of the euro (EUR) to Cuban pesos (CUP): 645 CUP
Exchange rate from (MLC) to Cuban pesos CUP: 410 CUP
Equivalence of banknotes in Cuban pesos (CUP):
United States Dollar (USD)
- 1 USD = 568 CUP
- 5 USD = 2,840 CUP
- 10 USD = 5,680 CUP
- 20 USD = 11,360 CUP
- 50 USD = 28,400 CUP
- 100 USD = 56,800 CUP
Euro (EUR)
- 5 EUR = 3.225 CUP
- 10 EUR = 6,450 CUP
- 20 EUR = 12,900 CUP
- 50 EUR = 32,250 CUP
- 100 EUR = 64,500 CUP
- 200 EUR = 129,000 CUP
- 500 EUR = 322,500 CUP
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