This is how the informal market closes in Cuba: the dollar ends the day stable and the euro remains unchanged

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By CiberCuba Editorial Team

Tuesday, August 4, 2026 - 8:37 PM

Dollar and euro.Photo © CiberCuba

The informal currency market in Cuba closed this Tuesday, August 4, with a day of stability, showing no significant movements in the main currencies that continue to influence the daily economy of Cubans.

At the close of 8:00 p.m. (Cuba time), the US dollar was trading at 673 Cuban pesos (CUP), exactly the same value recorded on Monday and also a week ago.

The euro, for its part, remained at 785 CUP, maintaining its position as the most expensive currency in the informal market and surpassing the dollar by 112 pesos.

The freely convertible currency (MLC) was around 451 CUP. However, this value should be interpreted with caution due to the limited number of operations available to calculate its exchange rate.

Exchange Rate Evolution

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: 451 CUP (indicative value, limited data).

The stability of the dollar and the euro confirms the trend observed over the past few days, although both currencies have appreciated compared to a month ago.

In the last 30 days, the dollar has fluctuated between 655 and 675 pesos, while the euro has ranged between 745 and 790 pesos, reflecting a market that continues to adjust to the scarcity of foreign currency and the strong demand for it.

The MLC, on the other hand, has been on a downward trend. Compared to the previous day, it lost 38 pesos and has accumulated a decrease of 22 pesos over the past week. Compared to a month ago, the decline is about 63.5 pesos, although this reference may be influenced by adjustments in the index methodology.

The informal market remains well above the official rate

Meanwhile, the official exchange rate of the Central Bank of Cuba remains at 615 CUP per dollar and 708 CUP per euro for Segment III, far below the rates that prevail in informal transactions.

This difference continues to reflect the shortage of foreign currency in the state banking system and the high demand for dollars and euros for emigration, importing goods, protecting savings, or making purchases in an increasingly dollarized market.

In a context marked by inflation, the loss of purchasing power, and the insufficient supply of foreign currency in banks, the development of the informal market continues to be a benchmark for thousands of Cubans, as it directly influences the prices of goods and services.