Thus, the informal market in Cuba comes to a close

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By CiberCuba Editorial Team

Saturday, August 1, 2026 - 9:01 PM

Reference image created with Artificial IntelligencePhoto © CiberCuba

At 8:00 PM, Cuban local time, concludes the day this Saturday, August 1, 2026, with stability in the two main currencies.

The dollar and the euro end the day unchanged compared to the previous session, while the MLC shows a slight upward variation, although its data is limited and should be taken as indicative.

The US dollar is trading at 673 Cuban pesos (CUP) at the close of this day.

The figure is identical to the one recorded yesterday and practically the same as it was a week ago, when the average value was 674 pesos, representing a difference of just 1 peso (-0.2%).

Exchange Rate Evolution

In the last month, the dollar has fluctuated between a low of 635 and a high of 675 pesos in the informal market.

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

The euro is valued at 785 Cuban pesos (CUP), showing no change from the previous day or from seven days ago, which solidifies a streak of stability for this currency.

In the last month, the euro has reached a low of 718 and a high of 790 pesos. It is established as the most expensive currency in the Cuban parallel market, surpassing the dollar by 112 pesos.

The MLC, exclusively digital currency, is closing around 475 Cuban pesos (CUP), a reference value given that the available data during this time frame is limited.

Compared to the previous day, it has increased by 4 pesos (+0.8%), and in relation to today’s opening, it shows a rise of 3 pesos (+0.6%).

In the weekly comparison, it declines by 5 pesos from 480 seven days ago (-1%), and over the last month, it has decreased by 11 pesos from 486 (-2.3%).

In the last four weeks, it has fluctuated between a minimum of 410 and a maximum of 543 pesos. Without physical existence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.

Exchange rate of the dollar USD to CUP: 673 CUP.
Exchange rate of the euro EUR to CUP: 785 CUP.
Exchange rate from MLC to CUP: 475 CUP (indicative value, limited data).

The official exchange rate of the Central Bank of Cuba (Segment III) is 615 CUP per dollar and 707 CUP per euro, remaining well below the values that govern daily practice in the informal currency market.

The gap between the official and informal rates is 58 pesos for the dollar and 78 pesos for the euro.

Although Segment III was presented as a more flexible exchange mechanism, its official exchange rate remains far from that of the informal market and fails to meet the actual demand for foreign currency from the population.

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 stability of this closing does not disguise the fact that both the dollar and the euro are significantly above the levels of a month ago, reflecting the structural pressure on the Cuban peso.

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