The dollar and the euro closed higher this Monday in the . At 8:00 p.m. Cuban time, the dollar reached 666 Cuban pesos (CUP), one peso more than the previous day, while the euro stood at 768 CUP, an increase of 2.5 pesos.
The MLC dropped to a reference value of 457 CUP.
All this data comes from the monitor of the exchange rate of the Cuban informal market that CiberCuba launched this Monday. The tool provides buying and selling quotes for the dollar, euro, and MLC, calculated using a proprietary system that analyzes the market in real time and is updated several times a day.
The dollar closes at 666 pesos
The US dollar ended the day with an average value of 666 CUP, compared to 665 CUP on Sunday, which represents an increase of one peso, equivalent to 0.2%.
Exchange Rate Evolution
Compared to the 655 CUP recorded seven days ago, the US dollar has increased by 11 pesos, or 1.7%.
Compared to the 695 CUP from 30 days ago, the dollar is now 29 pesos lower, a decline of 4.2%. This comparison should be interpreted with caution, as it may reflect adjustments in the methodology of the index rather than just market movements.
During the last 30 days, the dollar reached a high of 695 CUP and a low of 610 CUP.
The euro rises to 768 pesos
The euro closed with a published value of 768 CUP. The exact average of the offers was 767.5 CUP, meaning the increase compared to the 765 CUP from the previous day was 2.5 pesos, equivalent to 0.3%.
In the last seven days, the European currency has gained 12.5 pesos, or 1.7%, compared to the 755 CUP from the previous week.
Compared to 30 days ago, the euro has decreased by 28 pesos, a drop of 3.5%, from a reference point of around 796 CUP at that time. This difference may also be partially influenced by methodological adjustments.
During the last month, the euro recorded a high of 802 CUP and a low of 688 CUP.
The MLC falls
The MLC closed with an indicative value of approximately 457 CUP. The exact average stood at 456.5 CUP, representing a decrease of 30.5 pesos, or 6.3%, compared to the average value of the previous day.
In contrast to the approximate reference of 482 CUP recorded seven days ago, the MLC has decreased by 25 pesos, equivalent to 5.2%.
Compared to 30 days ago, it is one peso higher, a variation of 0.2%. During that period, it reached a high of 543 CUP and a low of 399 CUP.
Difference compared to the official rate
The official exchange rate set by the Central Bank of Cuba for Segment III, effective from July 18, establishes a value of 592 CUP per dollar and 677 CUP per euro.
Compared to those references, the informal dollar closed 74 pesos above the official rate, while the euro exceeded it by 91 pesos.
In the last 30 days, the official dollar rose from 565 to 592 CUP, an increase of 27 pesos. The official euro went up from 648 to 677 CUP, although it peaked at 678 CUP during that period.
Equivalence of the dollar in Cuban pesos
- 1 USD = 666 CUP.
- 5 USD = 3.330 CUP.
- 10 USD = 6.660 CUP.
- 20 USD = 13.320 CUP.
- 50 USD = 33,300 CUP.
- 100 USD = 66,600 CUP.
Euro equivalence in Cuban pesos
The equivalences are calculated using the exact average of 767.5 CUP, although the published general value appears rounded to 768 CUP.
- 1 EUR = approximately 768 CUP.
- 5 EUR = 3.838 CUP.
- 10 EUR = 7.675 CUP.
- 20 EUR = 15,350 CUP.
- 50 EUR = 38.375 CUP.
- 100 EUR = 76.750 CUP.
- 200 EUR = 153,500 CUP.
- 500 EUR = 383,750 CUP.
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