At 10:00 a.m., local Cuban time,
The informal foreign exchange market in Cuba opens this Thursday, July 30, with a relatively calm outlook, although with a slight increase in the exchange rate of the euro.
The US dollar remains unchanged compared to the previous day, while the euro rises by one position, and the Convertible Currency (MLC) shows only a slight movement, with indicative data due to its low trading volume.
The dollar remains steady at 673 pesos
The U.S. dollar is trading today at 673 Cuban pesos (CUP) in the informal market, with a buy price around 670 CUP and a sell price of 675 CUP.
Exchange Rate Evolution
It remains unchanged compared to the previous day.
In the weekly comparison, the greenback has risen by two pesos compared to the 671 CUP it was at seven days ago, reflecting a 0.2% increase.
In the monthly outlook, the exchange rate has risen by 57.5 pesos from 615 CUP thirty days ago, an increase of 9.3%. However, this comparison should be taken with caution, as it may reflect adjustments in the methodology of the index in addition to the actual market movement. In the last 30 days, the dollar has fluctuated between a minimum of 615 CUP and a maximum of 675 CUP.
It continues to set the tone for the informal market amidst a context of structural currency shortages.
The euro rises to 786 pesos
The euro is the main currency in this opening.
The European currency is currently quoted at 786 Cuban pesos (CUP), with a buying price of 780 CUP and a selling price of 791 CUP.
This represents an increase of one peso compared to the 785 CUP recorded on the previous day.
In the weekly comparison, the euro has gained 7.5 pesos compared to 778 CUP a week ago, an increase of 1%.
Compared to 30 days ago—when it was at 702 CUP—the increase amounts to 84 pesos; a 12% rise, although this figure may include methodological adjustments to the index.
In the last month, the European currency has reached a low of 700 CUP and a high of 790 CUP.
Surpasses the dollar by 113 pesos, consolidating its dominant position in the Cuban parallel market.
Summary of exchange rates
- Exchange rate of the dollar USD to CUP: 673 CUP.
- Exchange rate of the euro EUR to CUP: 786 CUP.
- Exchange rate of MLC to CUP: 478 CUP (reference value).
The MLC is around 478 pesos with indicative data
The MLC is currently trading around 478 Cuban pesos (CUP), with a buying price of 449 CUP and a selling price of 507 CUP.
It remains virtually unchanged compared to the previous day.
However, it is important to note that this figure should be taken as indicative, since digital currency records a low trading volume during this time period.
In the weekly comparison, the MLC has decreased by two pesos compared to the 480 CUP from seven days ago.
Thirty days ago, it was at 447 CUP, representing an increase of 31 pesos, although this comparison may reflect adjustments in the methodology of the index.
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 the state-owned 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), at 608 CUP per dollar and 692 CUP per euro, remains well below the values that apply in everyday practice in the informal currency market.
The difference between both markets exceeds 65 pesos in the case of the dollar and 94 pesos in the case of the euro.
Although Segment III was introduced as a more flexible exchange mechanism, its official rate remains far removed from that of the informal market and fails to meet the actual demand for currency among the population.
In July so far, the official exchange rate of the dollar has increased from 589 to 608 CUP, and that of the euro from 673 to 692 CUP, adjustments that have not managed to narrow the gap with the parallel market.
Context of the informal market
The gap between the official and informal exchange rates reflects the ongoing scarcity of foreign currency in the state banking system and the high demand for dollars and euros among the population, whether for emigration, importing goods, protecting savings, or making purchases in the private sector.
In a context 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.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates of Thursday, July 30, 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.
Exchange rate of Euro (EUR) to Cuban Peso (CUP), according to the exchange rates on this Thursday, July 30, 2026
- 1 EUR = 786 CUP.
- 5 EUR = 3.930 CUP.
- 10 EUR = 7,860 CUP.
- 20 EUR = 15,720 CUP.
- 50 EUR = 39,300 CUP.
- 100 EUR = 78,600 CUP.
- 200 EUR = 157,200 CUP.
Methodology
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 excludes atypical offers and spam messages, weighs each operation according to its age, and consolidates a representative value that is updated several times a day.
You can check the complete evolution of .
Filed under: