This is how the informal market in Cuba ends: The dollar and the euro finish the day on the rise

Reference imagePhoto © AI illustration generated with Chat GPT, CiberCuba

At 8:00 PM local Cuban time, closes this Wednesday, August 26, 2026, with a day of upward pressure on the main currencies.

The US dollar and the euro ended the day with gains compared to the previous session, while the MLC recorded a decline, though its quotation should be taken with caution due to the low trading volume supporting it.

The US dollar is trading at 669 Cuban pesos (CUP) at the end of this trading day. This represents an increase of 1.5 pesos compared to the previous day, when it closed at 668 CUP.

In the last week, the dollar has risen by 6.5 pesos from the 663 CUP it was at seven days ago, which corresponds to an increase of 1%.

Exchange Rate Evolution

Compared to 30 days ago, the quotation is slightly below the 673 CUP recorded at that time, although this comparison should be approached with caution, as it may reflect methodological adjustments to the index rather than just market movement.

In the past month, the dollar has fluctuated between a low of 663 and a high of 674 CUP. The demand for dollars remains high among those looking to protect their savings against the depreciation of the peso.

The euro closes the day at 758 Cuban pesos (CUP), which represents an increase of 2.5 pesos compared to the previous day, when it was at 755 CUP.

In the last week, the European currency has gained 7.5 pesos compared to the 750 CUP from seven days ago, marking an increase of 1%.

The 30-day comparison shows a drop of 32.5 pesos from the 790 CUP recorded at that time, although this figure may be influenced by methodological adjustments to the index. Over the last month, the euro has traded between a low of 746 and a high of 790 CUP. It exceeds the dollar by 89 pesos, consolidating its dominant position in the Cuban parallel market.

The MLC closes around 458 Cuban pesos (CUP), although this value should be taken as indicative given the low volume of transactions recorded in this range.

According to data from the previous session, the exchange rate was 472 CUP, indicating a decline of 13.5 pesos for the day. In the past week, the MLC has also decreased by 12.5 pesos from the 471 CUP of seven days ago. Without physical existence, its use is confined to state-run businesses that accept it, which restricts its circulation compared to cash currencies.

  • Exchange rate of the dollar USD to CUP: 669 CUP.
  • Exchange rate of the euro EUR to CUP: 758 CUP.
  • Exchange rate from MLC to CUP: 458 CUP (indicative value, little data).

The official exchange rate of the Central Bank of Cuba (Segment III), set today at 636 CUP per dollar and 742 CUP per euro, remains well below the values that prevail in everyday practice in the informal currency market.

Although Segment III was presented as a more flexible currency 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.

The gap between both markets currently stands at 33 pesos for the dollar and 16 pesos for the euro.

In a scenario of sustained inflation, low state wages, and increasing partial dollarization of the economy, every change in the informal market directly affects internal prices and the purchasing power of Cubans.

The simultaneous rise of the dollar and the euro at the close of this Wednesday reinforces the pressure on the wallets of those who rely on the Cuban peso for their daily expenses.

The Exchange Rate of CiberCuba is an index of the Cuban informal market developed from the automated analysis of thousands of currency trading posts in Telegram and Facebook groups.

The calculation dismisses atypical offers and spam messages, weighs each transaction based on its age, and consolidates a representative value that is updated several times a day.

Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates of this Wednesday, August 26, 2026

  • 1 USD = 669 CUP
  • 5 USD = 3.345 CUP
  • 10 USD = 6.690 CUP
  • 20 USD = 13,380 CUP
  • 50 USD = 33,450 CUP
  • 100 USD = 66,900 CUP

Equivalence of Euro (EUR) notes to Cuban Peso (CUP), according to the exchange rates of this Wednesday, August 26, 2026

  • 1 EUR = 758 CUP
  • 5 EUR = 3.790 CUP
  • 10 EUR = 7.580 CUP
  • 20 EUR = 15.160 CUP
  • 50 EUR = 37.900 CUP
  • 100 EUR = 75,800 CUP
  • 200 EUR = 151,600 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.