opens this Wednesday, July 22, with mixed behavior among its main reference currencies.
The US dollar remains almost frozen, the euro is gaining ground moderately, and the MLC—with limited data—has slightly decreased.
The day begins without major disruptions, although the upward trend of the dollar and the euro over the past week remains the most notable characteristic of the market in recent days.
The dollar (USD)
The United States dollar is being quoted at 668 Cuban pesos (CUP) in the informal market, with a buying rate of 665 CUP and a selling rate of 670 CUP.
Exchange Rate Evolution
This represents an increase of just 1 peso compared to the previous day, when it was at 667 CUP, which amounts to a variation of only 0.1%.
In the weekly balance, the dollar has risen by 12.5 pesos compared to the 655 CUP from seven days ago, an increase of 1.9%.
Compared to 30 days ago, when it was at 694 CUP, the current exchange rate is 26.5 pesos lower. However, this comparison should be taken with caution, as it may reflect adjustments in the methodology of the index and not just market movements.
In the last 30 days, the dollar has fluctuated between a low of 610 CUP and a high of 695 CUP.
The demand for dollars remains high among those seeking to protect their savings from the depreciation of the peso.
The euro (EUR)
The euro rises to 775 Cuban pesos (CUP), with a buying rate of 770 CUP and a selling rate of 780 CUP.
This represents an increase of 4.5 pesos compared to the previous session, when it was priced at 771 CUP, a rise of 0.6%.
In the weekly comparison, the euro gains 20 pesos against the 755 CUP from seven days ago, representing an increase of 2.6%.
Thirty days ago, it was at 793 CUP, above the current level, although this difference may partly be due to methodological adjustments of the index.
In the last month, the euro has reached a high of 802 CUP and a low of 688 CUP.
It is stated as the most expensive currency in the Cuban parallel market, surpassing the dollar by 107 pesos.
Freely Convertible Currency (MLC)
The freely convertible currency (MLC), for its part, is situated around 439 Cuban pesos (CUP), with a purchase price at 411 CUP and a selling price at 467 CUP.
This value should be taken as merely indicative, as the source warns that the available data during this time frame is limited.
Compared to the previous day, when it was at 441 CUP, it shows a decrease of 2 pesos, equivalent to 0.5%.
In the weekly comparison, the decline is more pronounced: seven days ago it was priced at 488 CUP, which means a drop of 48.5 pesos, a decrease of 9.9%.
In the last 30 days, it has fluctuated between a minimum of 399 CUP and a maximum of 543 CUP.
Without a physical existence, its use is limited to the state-run businesses that accept it, which restricts its circulation compared to cash currencies.
- Exchange rate of the dollar USD to CUP: 668 CUP.
- Exchange rate of the euro EUR to CUP: 775 CUP.
- Exchange rate from MLC to CUP: 439 CUP (indicative value, limited data).
The official exchange rate of the Central Bank of Cuba (Segment III), set this Wednesday at 596 CUP per dollar and 680 CUP per euro, remains well below the values that prevail in everyday practice in the informal currency market.
The gap between the two markets exceeds 72 pesos in the case of the dollar and 95 pesos for the euro, a difference that illustrates the disconnection between official exchange rate policy and the economic reality of the population.
Although Segment III was presented as a more flexible currency exchange mechanism, its official rate remains far from that of the informal market and fails to meet the actual demand for foreign currency from the population.
In the last month, the official dollar has risen from 565 to 596 CUP, and the official euro from 648 to 680 CUP, adjustments that have not managed to close the gap with the parallel market.
In a context of sustained inflation, low state wages, and increasing partial dollarization of the economy, every fluctuation in the informal market directly impacts internal prices and the purchasing power of Cubans.
The relative stability of the dollar and the moderate rise of the euro at this opening do not ease the pressure on those who rely on the Cuban peso to meet their daily needs.
The Exchange Rate of CiberCuba is an index of the Cuban informal market created through the automated analysis of thousands of currency buying and selling posts in Telegram and Facebook groups.
The calculation discards atypical offers and spam messages, weighs each transaction according to its age, and consolidates a representative value that is updated several times a day.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates for Wednesday, July 22, 2026
- 1 USD = 668 CUP.
- 5 USD = 3,340 CUP.
- 10 USD = 6,680 CUP.
- 20 USD = 13,360 CUP.
- 50 USD = 33,400 CUP.
- 100 USD = 66,800 CUP.
Equivalence of Euro (EUR) notes to Cuban Peso (CUP), according to the exchange rates on this Wednesday, July 22, 2026
- 1 EUR = 775 CUP.
- 5 EUR = 3.875 CUP.
- 10 EUR = 7.750 CUP.
- 20 EUR = 15,500 CUP.
- 50 EUR = 38,750 CUP.
- 100 EUR = 77,500 CUP.
- 200 EUR = 155,000 CUP.
Filed under: