opens this Friday, August 21, with an overall tone of calm.
At 10:00 a.m., local Cuban time, the US dollar and the euro show no change compared to the previous day, while the MLC exhibits a slight decrease that, given the limited volume of available data, should be taken as a reference value.
Summary of exchange rates
- Exchange rate of the dollar USD to CUP: 663 CUP.
- Exchange rate of the euro EUR to CUP: 750 CUP.
- Exchange rate from MLC to CUP: 467 CUP (indicative value, limited data).
The dollar remains unchanged
The U.S. dollar is quoted at 663 Cuban pesos (CUP) in the informal market, with a buying rate of 660 CUP and a selling rate of 665 CUP. It remains unchanged compared to the previous day.
In the past week, the dollar has decreased by just 2 pesos, down from 665 CUP seven days ago, which represents a decline of 0.4%.
Exchange Rate Evolution
Compared to 30 days ago, when it was at 668 CUP, the decrease is 5 pesos (-0.7%), although this comparison may partly reflect methodological adjustments in the index rather than just market movement.
In the last month, the dollar has fluctuated between a maximum of 675 CUP and a minimum of 663 CUP. It continues to set the tone for the informal market in a context of structural currency shortages.
The euro, stable but with a downward weekly trend
The euro is quoted at 750 Cuban pesos (CUP), with a buying price of 740 CUP and a selling price of 760 CUP.
It remains unchanged compared to the previous session. However, in the weekly comparison, it shows a decrease of 10 pesos from the 760 CUP recorded seven days ago, a drop of 1.3%.
Thirty days ago, it was at 775 CUP, which represents a decrease of 25 pesos (-3.2%). However, this figure should be interpreted cautiously as it may include methodological adjustments.
In the last month, the euro has reached a high of 790 CUP and a low of 750 CUP, the level at which it stands today.
It maintains its advantage over the dollar, driven by limited supply and the demand from those receiving remittances from Europe.
The MLC, indicative value on the decline
The MLC is around 467 Cuban pesos (CUP), with a buying price of 442 CUP and a selling price of 492 CUP.
This represents a decrease of 4 pesos compared to the 471 CUP from the previous day (-0.8%), although this figure should be taken with caution due to the limited volume of listings available during this time frame.
In the last week, the MLC has risen by 10.5 pesos compared to the 457 CUP from seven days ago (+2.3%), and in the last month, it has gained 28 pesos from the 439 CUP of 30 days ago (+6.4%), although this comparison may also reflect methodological adjustments.
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) is 635 CUP per dollar and 742 CUP per euro, which remains well below the rates that apply in the daily practice of the informal currency market.
In the case of the dollar, the difference between the official price and the informal one is 28 pesos; for the euro, it is 8 pesos.
Although Segment III was introduced as a more flexible exchange mechanism, its official rate still remains far from that of the informal market and fails to meet the actual demand for foreign currency among the population.
It is worth noting that the official dollar exchange rate has climbed from 596 CUP on July 22 to the current 635 CUP, an increase of 39 pesos in just one month, which reflects the ongoing pressure on the Cuban peso even in the official channel.
Market context
In an environment of sustained inflation, low state salaries, and increasing partial dollarization of the economy, every change in the informal market directly affects internal prices and the purchasing power of Cubans.
The current stability of the dollar and the euro does not bring relief to the population: prices remain at historically high levels, and the gap between the average salary in pesos and the actual cost of foreign currencies continues to be a structural obstacle for millions of families.
The informal currency market in Cuba operates outside of 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 effectively determines the real purchasing power of Cubans.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to exchange rates from this Friday, August 21, 2026
- 1 USD = 663 CUP
- 5 USD = 3.315 CUP
- 10 USD = 6.630 CUP
- 20 USD = 13,260 CUP
- 50 USD = 33,150 CUP
- 100 USD = 66,300 CUP
Exchange rate of Euro (EUR) to Cuban Peso (CUP), according to the exchange rates of this Friday, August 21, 2026
- 1 EUR = 750 CUP
- 5 EUR = 3.750 CUP
- 10 EUR = 7.500 CUP
- 20 EUR = 15,000 CUP
- 50 EUR = 37,500 CUP
100 EUR = 75,000 CUP
Methodology
The Exchange Rate of CiberCuba is an index of the Cuban informal market, created from the automated analysis of thousands of currency buying and selling posts in Telegram and Facebook groups.
The calculation excludes atypical offers and spam messages, weighing each transaction based on its age and consolidating a representative value that is updated several times a day.
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