opens this Monday, August 10, with mixed signals.
At 10:00 a.m. (Cuban local time), the US dollar opens unchanged from the previous day, the euro declines for the second consecutive day, and the freely convertible currency (MLC) sees a slight increase.
Summary of rates
- Dollar exchange rate from USD to CUP: 673 CUP.
- Exchange rate of the euro EUR to CUP: 776 CUP.
- Exchange rate from MLC to CUP: 458 CUP (indicative value).
The dollar remains unchanged
The US dollar is quoted at 673 Cuban pesos (CUP) in the informal market, with a buying rate of 670 CUP and a selling rate of 675 CUP.
It remains unchanged compared to the previous day and also in relation to the quotation from seven days ago, reflecting sustained stability in the short term.
Exchange Rate Evolution
Compared to 30 days ago, the dollar has risen by 12.5 pesos, which equates to an increase of 1.9%. However, it is important to note that this comparison may partly reflect methodological adjustments in the index.
In the last month, the US dollar has fluctuated between a low of 655 CUP and a high of 675 CUP in the informal market.
The euro slips back
The euro starts this Monday at 776 Cuban pesos (CUP) as an average value, with a buying price of 766 CUP and a selling price of 785 CUP.
This represents a decrease of two pesos compared to the previous session, where an average value of 778 CUP was reported.
The downward trend is also extending on the weekly horizon: compared to seven days ago, the euro has lost 11.5 pesos, a decline of 1.5%.
In the last month, the European currency has fluctuated between a low of 745 CUP and a high of 790 CUP.
Despite the recent setback, it maintains its advantage over the dollar, driven by limited supply and the demand from those receiving remittances from Europe.
The MLC, on the rise but with caution
The MLC registers an average value of 458 Cuban pesos (CUP) at the opening of this Monday, with a purchase price of 432 CUP and a selling price of 483 CUP.
This represents an increase of eight pesos compared to the previous day, a rise of 1.8%.
However, the data for this digital currency is marked with a notice of few records during this time frame, so its pricing should be considered indicative.
In the weekly comparison, the MLC has accumulated a decrease of 22.5 pesos compared to seven days ago (-4.7%).
In the last month, it has fluctuated between 425 and 496 CUP.
Without a physical existence, its use is limited to the state-run businesses that accept it, which restricts its circulation compared to cash currencies.
The gap with the official rate
The official exchange rate of the Central Bank of Cuba (Segment III), at 621 CUP per dollar and 717 CUP per euro, remains significantly below the values that govern daily transactions in the informal currency market.
The difference between the official and unofficial price exceeds 50 pesos in the case of the dollar and hovers around 59 pesos for 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 it fails to meet the actual demand for foreign currency among the population.
In the past month, the official exchange rate of the dollar has risen from 592 to 621 CUP, and that of the euro from 676 to 717 CUP, but the parallel market continues to operate with a significant premium over those values.
The informal currency market in Cuba operates outside the State financial institutions, through networks of buying and selling between individuals. Although the Cuban regime does not officially recognize it, it is the market that practically determines the real purchasing power of Cubans.
In an environment of sustained inflation, low state wages, and increasing partial dollarization of the economy, any fluctuation in the informal market directly affects internal prices and the purchasing power of Cubans.
Equivalence of United States dollar (USD) bills to Cuban peso (CUP)
According to the exchange rates from this Monday, August 10, 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.
Equivalence of euro bills (EUR) to Cuban peso (CUP)
According to the exchange rates for this Monday, August 10, 2026:
- 1 EUR = 776 CUP.
- 5 EUR = 3,880 CUP.
- 10 EUR = 7,760 CUP.
- 20 EUR = 15,520 CUP.
- 50 EUR = 38,800 CUP.
- 100 EUR = 77,600 CUP.
- 200 EUR = 155,200 CUP.
Methodology
The Exchange Rate of CiberCuba is an index of the informal Cuban market compiled based on the automated analysis of thousands of currency exchange posts in Telegram and Facebook groups.
The calculation disregards atypical offers and spam messages, weighs each operation according to its age, and consolidates a representative value that is updated several times a day.
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