Thus, the informal market in Cuba closes: the dollar and the euro end with stability

Reference image created with Artificial IntelligencePhoto © CiberCuba / ChatGPT

At 8:00 PM, local Cuban time, the closes the day this Sunday, August 16, 2026, with no changes in its main references. The dollar ends the day at 664 Cuban pesos, the euro remains at 760 pesos, and the MLC, with limited data and only indicative, points to a value around 458 pesos.

The U.S. dollar is quoted at 664 Cuban pesos (CUP) at the close of this trading session. It remains unchanged compared to the previous session, consolidating a rate that in the last 30 days has fluctuated between a minimum of 660 and a maximum of 675 pesos. In the weekly comparison, the greenback has decreased 8.5 pesos compared to seven days ago, when it was traded at 673 CUP, representing a decline of 1.3%. It continues to set the tone of the informal market in a context of structural currency shortages.

The euro is quoted at 760 Cuban pesos (CUP) at the close of this Sunday. It remains unchanged compared to the previous day, although during the session it recorded a slight gain of 2.5 pesos from the opening. In weekly comparison, the European currency has declined 17.5 pesos compared to seven days ago, when it was trading at 778 CUP, a drop of 2.3%. Over the last month, the euro has fluctuated between a low of 755 and a high of 790 pesos. It stands out as the most expensive currency in the Cuban parallel market, surpassing the dollar by 96 pesos.

The MLC closes with an indicative value of 458 Cuban pesos (CUP), although the available data during this time frame is limited and should be taken with caution. Compared to the previous session, this figure represents an increase of 23 pesos, equivalent to 5.3%, although the limited sample available advises prudence in interpretation. In the last 30 days, the MLC has fluctuated between a minimum of 413 and a maximum of 496 pesos, although the monthly comparison may reflect methodological adjustments of the index rather than just market movement. Without physical existence, its use is restricted to state-run businesses that accept it, limiting its circulation compared to cash currencies.

Exchange Rate Evolution

  • Exchange rate of the dollar USD to CUP: 664 CUP.
  • Exchange rate of the euro EUR to CUP: 760 CUP.
  • Exchange rate from MLC to CUP: 458 CUP (reference value, limited data).

The official exchange rate of the Central Bank of Cuba (Segment III), at 628 CUP per dollar and 727 CUP per euro, remains significantly below the values that prevail in everyday practice in the informal currency market. The difference between the official and informal rates reaches 36 pesos for the dollar and 33 pesos for the euro.

Although Segment III was presented 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 from the population.

In a scenario 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 Exchange Rate of CiberCuba 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 several times a day.

Equivalence of United States Dollar (USD) bills to Cuban Peso (CUP), according to the exchange rates this Sunday, August 16, 2026

  • 1 USD = 664 CUP
  • 5 USD = 3.320 CUP
  • 10 USD = 6.640 CUP
  • 20 USD = 13,280 CUP
  • 50 USD = 33,200 CUP
  • 100 USD = 66,400 CUP

Equivalence of Euro (EUR) to Cuban Peso (CUP) based on the exchange rates from this Sunday, August 16, 2026

  • 1 EUR = 760 CUP
  • 5 EUR = 3,800 CUP
  • 10 EUR = 7,600 CUP
  • 20 EUR = 15,200 CUP
  • 50 EUR = 38,000 CUP
  • 100 EUR = 76,000 CUP
  • 200 EUR = 152,000 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.