At 8:00 PM, local Cuban time, closes its session on this Saturday, August 22, 2026, with a relatively calm outlook. The US dollar ends the day unchanged at the same levels as yesterday, the euro gains some ground compared to the previous session, and the MLC sees a significant drop from the day before, although its quotation should be taken with caution due to the low trading volume that supports it.
The U.S. dollar is quoted at 663 Cuban pesos (CUP) at the close of this session. The average value remains unchanged compared to the previous session, confirming the stability of the greenback as the week comes to an end. On a weekly basis, the dollar has decreased by just one peso from the 664 CUP it marked seven days ago. Compared to 30 days ago, when it was around 670 CUP, it has dropped by seven pesos, although this comparison may partly reflect methodological adjustments in the index. Over the past month, the dollar has fluctuated between a high of 675 and a low of 663 CUP in the informal market. It continues to set the pace of the informal market amid a context of structural currency shortages.
The euro closes at 750 Cuban pesos (CUP), which represents an increase of two pesos compared to the previous day, when it was at 748 CUP. This is the most notable movement of the day. However, in the last week, the European currency has lost ground: seven days ago, it was trading at 760 CUP, ten pesos higher than the current level. Looking at a 30-day period, the decline is more pronounced—from 778 CUP—although this comparison should be interpreted cautiously as it may include methodological adjustments. The maximum in the last 30 days was 790 CUP and the minimum was 746 CUP. It surpasses the dollar by 87 pesos, solidifying its dominant position in the Cuban parallel market.
The MLC closes with an indicative average value of 417 Cuban pesos (CUP). This figure should be taken with caution, as the closing range has few transactional data to support it. Compared to the previous day, when a value of 450 CUP was reported, the decline is 32.5 pesos, a drop of 7.2% that can largely be attributed to the scarcity of recorded transactions. In the last week, it has decreased by 17.5 pesos from the 435 CUP of seven days ago. Without physical existence, its use is limited to state-run stores that accept it, which restricts its circulation compared to cash currencies.
Exchange Rate Evolution
- 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: 417 CUP (reference value, limited data).
The official exchange rate of the Central Bank of Cuba (Segment III), set on August 22 at 638 CUP per dollar and 745 CUP per euro, remains significantly lower than the rates that govern daily transactions in the informal currency market. In the case of the dollar, the gap between the official and informal rates is 25 pesos; for the euro, it is only five pesos, an unusually narrow difference that reflects the steady rise of the official rate in recent weeks: the official dollar has increased from 596 to 638 CUP in the last month, and the euro from 680 to 745 CUP.
Although Segment III was presented as a more flexible exchange mechanism, its official rate remains distant from that of the informal market and fails to meet the actual demand for foreign currency from the population. The gap, while reduced compared to previous periods, remains an indicator of the structural tensions in the Cuban monetary system.
In a scenario of sustained inflation, low state salaries, and increasing partial dollarization of the economy, every fluctuation in the informal market directly impacts internal prices and the purchasing power of Cubans. This Saturday’s closing, with the dollar stable and the euro seeing a slight increase, offers no relief for those who depend on foreign currencies to meet basic needs or protect their savings against the depreciation of the peso.
The Exchange Rate of CiberCuba is an index of the informal Cuban market created through the automated analysis of thousands of currency buying and selling posts in Telegram and Facebook groups. The calculation discards 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) to Cuban Peso (CUP) — Saturday, August 22, 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
Equivalence of Euro (EUR) banknotes to Cuban Peso (CUP) — Saturday, August 22, 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
- 200 EUR = 150,000 CUP
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