This is how the informal market closes in Cuba: the dollar remains stagnant while the euro rises slightly

Latest News
By CiberCuba Editorial Team

Monday, July 27, 2026 - 8:29 PM

Street in Havana and currencies (Reference image)Photo © CiberCuba/ChatGpt

At 8:00 PM, local Cuban time, the concludes its session this Monday, July 27, with a dollar remaining steady at 673 Cuban pesos, unchanged from the previous session, and a euro gaining ground, reaching 790 pesos, one peso above yesterday's closing. The MLC, on the other hand, registers a reference value of 471 pesos, although the scarcity of transactions in this range makes it wise to treat that figure with caution.

The day's balance confirms the dollar's resilience at high levels following weeks of upward trend, while the euro reaches its highest point in the last 30 days and solidifies its position as the most expensive currency in the Cuban parallel market.

United States Dollar (USD)

The United States dollar closes at 673 Cuban pesos (CUP), with a buying range at 670 CUP and a selling range at 676 CUP. Compared to the previous day, the average value remains virtually unchanged, with an adjustment of just +0.5 pesos (+0.1%). In the last week, however, the greenback has accumulated an increase of 7 pesos (+1.1%) compared to 666 CUP seven days ago. The comparison over 30 days shows a rise of 58 pesos (+9.4%) from 615 CUP at the end of June, although it's worth noting that part of that movement may reflect methodological adjustments to the index. Over the past month, the dollar has fluctuated between a minimum of 610 CUP and a maximum of 675 CUP. It continues to set the tone of the informal market in a context of structural currency shortages.

Euro (EUR)

The euro closes at 790 Cuban pesos (CUP), buying at 780 CUP and selling at 800 CUP. This represents an increase of 1.5 pesos compared to the previous day, when it closed at 789 CUP. On a weekly basis, the European currency has accumulated a gain of 22.5 pesos (+2.9%) from the 768 CUP observed seven days ago. Over 30 days, the increase is 80 pesos (+11.3%) from the 710 CUP at the end of June, although, as with the dollar, part of that variation may be due to methodological adjustments in the index. Today, the euro reaches its highest point in the last 30 days, with a monthly range from 688 CUP to the current 790 CUP. It surpasses the dollar by 117 pesos, solidifying its dominant position in the parallel market.

Exchange Rate Evolution

MLC

The MLC closes with a reference value of 471 Cuban pesos (CUP), with purchases at 425 CUP and sales at 517 CUP. The data should be viewed cautiously due to the low volume of transactions recorded during this time period. Compared to the previous session, the average value drops by 19.5 pesos (-4%), and compared to today's opening, it decreases by 23 pesos (-4.7%). Over the last week, it has accumulated an increase of 14.5 pesos (+3.2%) from the 457 CUP recorded seven days ago. With no physical existence, its use is limited to state-run stores that accept it, which restricts its circulation compared to cash currencies.

Summary of informal market exchange rates — closing on July 27, 2026

Exchange rate of the dollar USD to CUP: 673 CUP.
Exchange rate of the euro EUR to CUP: 790 CUP.
Exchange rate from MLC to CUP: 471 CUP (indicative value, limited data).

The official exchange rate of the Banco Central de Cuba (Segment III) is 601 CUP per dollar and 684 CUP per euro, remaining well below the values that prevail in daily practice in the informal currency market.

Although Segment III was presented as a more flexible exchange mechanism, its official rate remains very distant from that of the informal market and fails to meet the actual currency demand of the population. The gap between the official and informal rates today reaches 72 pesos in the case of the dollar and 106 pesos for the euro.

In a scenario of sustained inflation, low state salaries, and increasing partial dollarization of the economy, every fluctuation in the informal market directly impacts internal prices and the purchasing power of Cubans.

The Exchange Rate of CiberCuba is an index of the informal Cuban market created through the automated analysis of thousands of currency buying and selling posts in Telegram and Facebook groups; the calculation disregards atypical offers and spam messages, weighs each transaction according to its age, and consolidates a representative value that is updated several times a day.