sees increases in the two main benchmark currencies this Saturday, August 29th.
At 10:00 a.m. (Cuban local time), the US dollar climbs one peso compared to the previous day, the euro gains five pesos, and the freely convertible currency (MLC), with limited and only indicative data, experiences a slight decline.
Summary of exchange rates
- Exchange rate of the dollar USD to CUP: 674 CUP.
- Exchange rate of the euro EUR to CUP: 763 CUP.
- Exchange rate from MLC to CUP: 467 CUP (indicative value, limited data).
The dollar, one peso more expensive than yesterday
The US dollar is trading at 674 Cuban pesos (CUP) in the informal market, with a buying price around 670 CUP and a selling price of about 678 CUP.
This represents an increase of one peso compared to the previous day, when the average value was 673 CUP.
Exchange Rate Evolution
In the weekly perspective, the greenback has gained 11 pesos compared to the 663 CUP it was at seven days ago.
The 30-day comparison shows a minimal increase of 1.5 pesos; however, this figure should be interpreted cautiously, as it may reflect methodological adjustments of the index rather than solely market movement.
In the last month, the dollar has fluctuated between a minimum of 663 CUP and the current maximum of 674 CUP.
The euro, the most expensive currency in the parallel market
The euro starts the day at 763 Cuban pesos (CUP), with a buying range of 760 CUP and a selling range of 765 CUP.
Regarding the previous session, the European currency suddenly rises by pesos —0.7%—, when an average value of 758 CUP was reported.
In the last week, the euro has risen 17 pesos, 2.3%, from 746 CUP seven days ago.
Regarding the monthly comparison, the current exchange rate is 23 pesos lower than it was 30 days ago, although this figure may be influenced by methodological adjustments to the index.
The range for the last month has been from a minimum of 746 CUP to a maximum of 788 CUP.
It is regarded as the most expensive currency in the Cuban parallel market, surpassing the dollar by 89 pesos.
The MLC, indicative value on the decline
The MLC is fluctuating around 467 Cuban pesos (CUP), with an estimated buying price of 449 CUP and a selling price of about 485 CUP.
This value should be considered as merely indicative, as the source warns that there is limited data available during this time slot.
Regarding the previous session, the MLC declines by two pesos from the 469 CUP reported in the last session.
On a weekly basis, however, it has accumulated a significant increase of 50.5 pesos —12.1%— compared to 417 CUP from seven days ago.
In the last month, it has fluctuated between a minimum of 408 CUP and a maximum of 529 CUP.
Without 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) remains at 636 CUP per dollar and 737 CUP per euro, significantly below the rates that apply in everyday transactions in the informal currency market.
The difference between the official and informal prices reaches 38 pesos in the case of the dollar and 26 pesos for the euro.
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 among the population.
In the last 30 days, the official dollar has increased from 608 to 636 CUP, and the official euro from 692 to 737 CUP, a development that has not prevented the gap with the parallel market from remaining significant.
Equivalence of United States dollar (USD) bills to Cuban peso (CUP)
According to the exchange rates for Saturday, August 29, 2026:
- 1 USD = 674 CUP.
- 5 USD = 3,370 CUP.
- 10 USD = 6,740 CUP.
- 20 USD = 13,480 CUP.
- 50 USD = 33,700 CUP.
- 100 USD = 67,400 CUP.
Euro (EUR) to Cuban Peso (CUP) bill equivalence
According to the exchange rates on this Saturday, August 29, 2026:
- 1 EUR = 763 CUP.
- 5 EUR = 3.815 CUP.
- 10 EUR = 7,630 CUP.
- 20 EUR = 15,260 CUP.
- 50 EUR = 38,150 CUP.
- 100 EUR = 76,300 CUP.
Methodology
The CiberCuba Exchange Rate is an index of the informal Cuban market created through automated analysis of thousands of currency trading 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.
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