This is how the informal market closes in Cuba: the dollar and the euro rise at the end of the Sunday trading day

Illustration generated with AIPhoto © CiberCuba

At 8:00 PM, local Cuban time, closes this Sunday, August 23, 2026, with increases in the dollar and the euro. Both currencies are gaining strength compared to the previous day, while the MLC shows an upward trend that should be interpreted with caution due to the low volume of transactions supporting it.

The U.S. dollar is trading at 665 Cuban pesos (CUP) at the end of this trading day. This represents an increase of two pesos compared to the previous day, when it closed at 663 CUP.

In a weekly perspective, the US dollar is positioned one peso above the 664 CUP it was at seven days ago. Looking at the monthly evolution, 30 days ago the dollar was trading around 674 CUP, although this comparison should be taken with caution as it may reflect methodological adjustments of the index rather than just market movement.

In the last month, the exchange rate of the greenback has fluctuated between a minimum of 663 and a maximum of 675 CUP. It continues to set the tone for the informal market in a context of structural currency shortages.

Exchange Rate Evolution

The euro closes the day at 752 Cuban pesos (CUP), which marks an increase of two pesos compared to the previous day when it was at 750 CUP. However, in weekly terms, the European currency is on a downward trend: a week ago, it was quoted at 760 CUP, eight pesos above the current level. The 30-day reference, which should be handled with caution due to possible methodological adjustments, indicates a previous value of 785 CUP.

The monthly range of the euro has fluctuated between 746 and 790 CUP. It is stated as the most expensive currency in the Cuban parallel market, surpassing the dollar by 87 pesos.

The MLC is around 449 Cuban pesos (CUP) at the close of this session, compared to 417 CUP from the previous session, representing an increase of 32 pesos. However, this value should be taken as indicative, as the figure is supported by a limited volume of transactions during this time frame.

Seven days ago, the MLC was valued at 458 CUP, and around 470 CUP thirty days ago, although this latter comparison may be influenced by methodological adjustments. In the past month, the exchange rate has fluctuated between a minimum of 408 and a maximum of 529 CUP. Without a physical presence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.

  • Exchange rate from USD to CUP: 665 CUP.
  • Exchange rate of the euro EUR to CUP: 752 CUP.
  • Exchange rate from MLC to CUP: 449 CUP (indicative value, limited data).

The official exchange rate of the Central Bank of Cuba (Segment III), at 638 CUP per dollar and 745 CUP per euro, remains well below the values that govern daily practice in the informal currency market.

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 real demand for foreign currency among the population. In the past month, the official dollar has risen from 598 to 638 CUP, and the official euro from 680 to 745 CUP, which demonstrates a sustained devaluation of the peso in the official channel, although the gap with the informal market remains significant: 27 pesos in the case of the dollar and seven pesos in the case of the euro.

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 gap between the official and informal exchange rates reflects the persistent scarcity of foreign currency in the state banking system and the high demand for dollars and euros among the population, whether for emigration, importing goods, protecting savings, or making purchases in the private sector.

The Exchange Rate of CiberCuba is an index of the informal Cuban market developed through 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 exchange rates on this Sunday, August 23, 2026

  • 1 USD = 665 CUP
  • 5 USD = 3,325 CUP
  • 10 USD = 6,650 CUP
  • 20 USD = 13,300 CUP
  • 50 USD = 33,250 CUP
  • 100 USD = 66,500 CUP

Exchange rate of euro notes (EUR) to Cuban peso (CUP), according to the exchange rates on this Sunday, August 23, 2026

  • 1 EUR = 752 CUP
  • 5 EUR = 3,760 CUP
  • 10 EUR = 7,520 CUP
  • 20 EUR = 15,040 CUP
  • 50 EUR = 37,600 CUP
  • 100 EUR = 75,200 CUP
  • 200 EUR = 150,400 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.