Exchange rate today: How has the informal currency market in Cuba behaved in recent hours?

Boulevard de San Rafael and 100 dollar bills and 50 euro bills (Reference image)Photo © CiberCuba/ChatGPT

opens this Sunday, August 2, with no changes in its two main reference currencies.

The US dollar and the euro remain at the same levels as Saturday, while the freely convertible currency (MLC) shows a slight upward movement, although with limited backing from operations. 

At 10:00 a.m. (Cuban local time), the dollar was trading at 673 Cuban pesos (CUP), with the buying rate at 670 CUP and the selling rate at 675 CUP.

The US dollar remains unchanged compared to the previous day, consolidating a trend of stability that is also reflected in the weekly comparison: seven days ago, the average value was 674 CUP, just one peso above the current level.

Exchange Rate Evolution

The demand for dollars remains high among those seeking to protect their savings against the depreciation of the Cuban peso.

The euro is trading at 785 Cuban pesos (CUP), with the buying price at 780 CUP and the selling price at 790 CUP.

Like the dollar, it shows no variation compared to the previous trading day or in relation to seven days ago, when it also stood at 785 CUP.

It also reaffirms itself as the most expensive currency in the Cuban parallel market, surpassing the dollar by 112 pesos.

The MLC is around 474 Cuban pesos (CUP), with the purchase price at 449 CUP and the sale price at 498 CUP.

This value represents an increase of 1.5 pesos compared to the previous day.

However, the data for this currency should be taken as indicative, given the low volume of transactions that support it during this time frame.

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 Summary

  • Exchange rate for the dollar USD to CUP: 673 CUP.
  • Exchange rate of the euro EUR to CUP: 785 CUP.
  • Exchange rate from MLC to CUP: 474 CUP (indicative value, limited data).

Weekly and monthly comparisons

In the last week, the dollar has decreased by just 0.1% from 674 CUP a week ago, a virtually imperceptible change that confirms the stability of the U.S. currency in the informal market.

The euro, for its part, has not recorded any movement in the past seven days and remains anchored at 785 CUP.

The monthly perspective shows a different picture. Thirty days ago, the dollar was around 635 CUP, indicating that it has experienced an increase of approximately 37.5 pesos in the past month, that is, a rise of 5.9 %.

The euro, for its part, was trading about a month ago at nearly 719 CUP, and has gained about 66.5 pesos, equivalent to a 9.3% increase.

It is worth noting, however, that the 30-day comparison may partially reflect methodological adjustments of the index, rather than just market movements.

Context: Maximums, minimums, and stability

In the last 30 days, the dollar has fluctuated between a minimum of 635 CUP and a maximum of 675 CUP in the informal market, placing the current rate very close to its recent peak.

The euro, for its part, has fluctuated between 718 CUP and 790 CUP during the same period, also remaining close to its highest values.

The MLC has shown greater volatility, with a range from 410 CUP to 543 CUP in the last 30 days, although the reliability of this data is lower due to the limited number of recorded transactions.

The official exchange rate of the Central Bank of Cuba (Segment III) is 615 CUP per dollar and 707 CUP per euro, which remains significantly below the values that prevail in everyday practice in the informal currency market.

Although Segment III was introduced as a more flexible exchange mechanism, its official rate remains far from that of the informal market and does not meet the actual demand for foreign currency among the population.

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

Methodology

The Exchange Rate of CiberCuba is an index of the Cuban informal market created through the automated analysis of thousands of currency trading posts in Telegram and Facebook groups.

The calculation discards atypical offers and spam messages, evaluates each transaction based on its age, and consolidates a representative value that is updated several times a day.

Equivalence of United States dollar (USD) bills to Cuban peso (CUP), according to the exchange rates for this Sunday, August 2, 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.

Euro (EUR) to Cuban Peso (CUP) exchange rate equivalence, according to the exchange rates on this Sunday, August 2, 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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CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.

CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.