opens this Wednesday with the dollar showing no changes compared to the previous day and the euro slightly declining.
At 10:00 a.m. (Cuban local time), the U.S. dollar is maintaining a value around 673 Cuban pesos.
The European currency, for its part, drops 2.5 pesos and is now at 785 CUP.
The Freely Convertible Currency (MLC), with few transactions recorded during this time frame, hovers around 478 pesos, although this value should be taken as merely indicative.
Exchange Rate Evolution
Rate summary
- Exchange rate of the USD dollar to CUP: 673 CUP.
- Exchange rate of the euro EUR to CUP: 785 CUP.
- Exchange rate of MLC to CUP: 478 CUP (indicative value, few data).
The dollar remains unchanged
The United States dollar is quoted at 673 CUP in the informal market: buying at 670 CUP and selling at 675 CUP.
In the weekly comparison, the greenback has risen by 5 pesos (+0.7%) compared to the 668 CUP from seven days ago.
On the monthly horizon, the exchange rate is positioned 62.5 pesos higher than the level of 30 days ago, when it was around 610 CUP, although it is worth noting that this difference may partially reflect adjustments in the methodology of the index.
In the last 30 days, the dollar has fluctuated between a low of 610 CUP and a high of 675 CUP.
The dollar continues to dictate the rhythm of the informal market in a context of structural foreign exchange scarcity.
The euro slightly retreats
The euro is priced at 785 Cuban pesos (CUP), with a buying rate of 780 CUP and a selling rate of 790 CUP.
This represents a decline of 2.5 pesos compared to the previous day, when it closed at 788 CUP.
Despite this small setback, the European currency has accumulated a gain of 10 pesos (+1.3%) compared to seven days ago, when it was at 775 CUP.
In the last month, the euro has risen by 94.5 pesos from 691 CUP thirty days ago, although this variation should be interpreted cautiously as it may include methodological adjustments.
The monthly range extends from a minimum of 691 CUP to a maximum of 790 CUP.
The euro surpasses the dollar by 112 pesos, consolidating its dominant position in the Cuban parallel market.
The MLC, indicative value
The MLC is around 478 Cuban pesos (CUP), with a purchase price of 436 CUP and a selling price of 519 CUP.
The available data in this range is limited, so the value should be regarded as merely indicative.
Regarding the previous day, the reference drops 7 pesos (-1.4%) from the 485 CUP recorded yesterday.
In the weekly comparison, however, the MLC has accumulated an increase of 38.5 pesos (+8.8%) compared to the 439 CUP from seven days ago.
In the last month, the MLC has fluctuated between a minimum of 410 CUP and a maximum of 543 CUP.
Without a physical existence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.
Gap between the informal market and the official rate
The official exchange rate of the Central Bank of Cuba (Segment III), set at 605 CUP per dollar and 689 CUP per euro, remains far below the values that are actually in effect in the informal currency market.
Although Segment III was introduced as a more flexible currency mechanism, its official rate remains far from that of the informal market and fails to meet the actual foreign currency demand of the population.
The gap between the official and informal rates reflects the persistent shortage of foreign currency in the state banking system and the high demand for dollars and euros from the population, whether for emigration, importing goods, protecting savings, or making purchases in the private sector.
Impact on the Cuban economy
In an environment of sustained inflation, low state wages, and increasing partial dollarization of the economy, every change in the informal market directly affects internal prices and the purchasing power of Cubans.
With the informal dollar surpassing the official dollar by 68 pesos and the informal euro leading by 96 pesos over its official counterpart, the gap between both markets remains one of the most visible expressions of the economic crisis the island is experiencing.
Methodology
The Exchange Rate of CiberCuba is an index of the informal Cuban market, created through the automated analysis of thousands of currency trading 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.
Equivalent of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates on Wednesday, July 29, 2026
- 1 USD = 673 CUP.
- 5 USD = 3,365 CUP.
- 10 USD = 6,730 CUP.
- 20 USD = 13,460 CUP.
- 50 USD = 33,650 CUP.
- 100 USD = 67,300 CUP.
Equivalence of Euro (EUR) bills to Cuban Peso (CUP), according to the exchange rates from this Wednesday, July 29, 2026
- 1 EUR = 785 CUP.
- 5 EUR = 3.925 CUP.
- 10 EUR = 7.850 CUP.
- 20 EUR = 15,700 CUP.
- 50 EUR = 39,250 CUP.
- 100 EUR = 78,500 CUP.
- 200 EUR = 157,000 CUP.
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