This is how the informal market closes in Cuba: the dollar finishes the day stable, while the euro declines

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By CiberCuba Editorial Team

Friday, August 7, 2026 - 9:03 PM

Reference image created with Artificial IntelligencePhoto © CiberCuba / ChatGPT

At 8:00 PM, local Cuban time, the informal currency market in Cuba concludes the day this Friday, August 7, 2026, with a stable dollar and a euro that is losing ground. shows that the USD ends with no changes at 673 Cuban pesos, the EUR declines by two pesos to 783 CUP, and the MLC hovers around 453 pesos, although this last figure should be taken as indicative due to the low volume of transactions backing it.

The US dollar is quoted at 673 Cuban pesos (CUP) at the close of today's trading. The North American currency remains unchanged compared to the previous day and also matches the value recorded seven days ago, confirming a sustained stability in the short term. Over the past month, the USD is positioned just 3 pesos above the 670 CUP from 30 days ago, although this comparison may partly reflect adjustments in the methodology of the index. In the last 30 days, the dollar has fluctuated between a minimum of 655 and a maximum of 675 pesos in the informal market. It continues to dictate the pulse of the informal market in the context of a structural scarcity of currencies.

The euro closes the day at 783 Cuban pesos (CUP), which represents a decline of 2 pesos compared to the previous day, when it was reported at 785 CUP. The European currency also falls by 2 pesos compared to its value a week ago. However, from a monthly perspective, the euro has gained 25.5 pesos over the 758 CUP from 30 days ago, a rise of 3.4%, although this comparison should be taken with caution as it may include methodological adjustments of the index. In the last month, the euro has reached a high of 790 and a low of 745 pesos. It surpasses the dollar by 110 pesos, solidifying its dominant position in the Cuban parallel market.

The MLC is closing around 453 Cuban pesos (CUP), an increase of 4 pesos compared to the previous session. However, this reference should be approached with caution: the digital currency is marked with a note of limited data during this time period, so the value is indicative. In the weekly comparison, the MLC has decreased by 18.5 pesos from the 471 CUP recorded seven days ago. Without physical presence, its use is limited to state-run shops that accept it, which restricts its circulation compared to cash currencies.

Exchange Rate Evolution

Exchange rate of the dollar USD to CUP: 673 CUP.
Exchange rate of the euro EUR to CUP: 783 CUP.
Exchange rate of MLC to CUP: 453 CUP (indicative value, limited data).

The official exchange rate of the Central Bank of Cuba (Segment III) is 618 CUP per dollar and 713 CUP per euro, which remains well below the values that prevail in everyday practice in the informal currency market. The gap between the official and informal rates reaches 55 pesos in the case of the dollar and 70 pesos in the case of the euro.

Although Segment III was introduced as a more flexible exchange mechanism, its official rate remains far from that of the informal market and fails to meet the actual demand for foreign currency among the population. In the past month, the official exchange rate for the dollar has increased from 589 to 618 CUP, and for the euro from 672 to 713 CUP, which shows a progressive devaluation that, despite everything, does not close the gap with the parallel market.

In an environment of sustained inflation, low state wages, and increasing partial dollarization of the economy, every fluctuation in the informal market directly affects internal prices and the purchasing power of Cubans.

The CiberCuba Exchange Rate is an index of the informal Cuban market created from 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 multiple times a day.