At 8:00 PM, local Cuban time, closes this Sunday, August 23, 2026, with increases in the dollar and euro. Both currencies gain ground compared to the previous day, while the MLC shows an upward trend that should be interpreted with caution given the low volume of transactions supporting it.
The U.S. dollar is quoted at 665 Cuban pesos (CUP) at the close of this trading day. This represents an increase of 2 pesos compared to the previous day, when it closed at 663 CUP. In weekly perspective, the U.S. currency is 1 peso above the 664 CUP it marked seven days ago. Regarding monthly evolution, 30 days ago the dollar was exchanged at around 674 CUP, although this comparison should be made with caution as it may reflect methodological adjustments in the index and not 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 scarcity.
The euro closes the day at 752 Cuban pesos (CUP), which represents an increase of 2 pesos compared to the previous day, when it was at 750 CUP. However, in weekly terms, the European currency has declined: a week ago, it was quoted at 760 CUP, 8 pesos above the current level. The 30-day average, which should be approached with caution due to potential methodological adjustments, indicates a previous value of 785 CUP. The monthly range for the euro has fluctuated between 746 and 790 CUP. It is established as the most expensive currency in the Cuban parallel market, surpassing the dollar by 87 pesos.
The MLC is approximately 449 Cuban pesos (CUP) at the close of this trading session, compared to 417 CUP from the previous session, representing an increase of 32 pesos. However, this value should be considered indicative, as it is supported by a low volume of transactions within this time frame. Seven days ago, the MLC was trading at 458 CUP, and thirty days ago it was around 470 CUP, although this last comparison may be influenced by methodological adjustments. Over the past month, the exchange rate has fluctuated between a minimum of 408 and a maximum of 529 CUP. With no physical existence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.
Exchange Rate Evolution
- Exchange rate of the dollar 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 prevail in everyday 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 actual demand for foreign currency from the population. In the last month, the official dollar has risen from 598 to 638 CUP, and the official euro from 680 to 745 CUP, which shows a sustained devaluation of the peso in the official channel, although the gap with the informal market remains significant: 27 pesos for the dollar and 7 pesos for the euro.
In a scenario of sustained inflation, low state salaries, 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 CiberCuba Exchange Rate is an index of the informal Cuban market derived from 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) bills to Cuban Peso (CUP), according to the exchange rates for 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
Equivalence of Euro (EUR) banknotes to Cuban Peso (CUP), based on the exchange rates from 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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