This is how the informal currency market closes in Cuba: the dollar and euro finish the Sunday session on the rise

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By CiberCuba Editorial Team

Sunday, August 30, 2026 - 9:04 PM

Dollar/Euro (Reference image created with Artificial Intelligence)Photo © CiberCuba/ChatGPT

The informal currency market in Cuba concludes the day on Sunday, August 30, 2026, at 8:00 PM (Cuban local time) with the dollar and the euro rising.

The US dollar ends the day at 676 Cuban pesos, while the euro climbs to 765 pesos, and the MLC, with limited available data and only indicative value, remains practically stable around 466 pesos, according to the tracking of compiled by CiberCuba.

The U.S. dollar is quoted at 676 Cuban pesos (CUP) at the close of this trading day, reflecting an increase of one peso compared to the previous day, when it closed at 675 CUP. For the week, the currency has risen by 11 pesos from the 665 CUP recorded seven days ago, representing a 1.7% increase.

The 30-day comparison, which should be taken with caution as it may reflect adjustments in the methodology of the index, shows the current exchange rate is just 3.5 pesos above the 673 CUP from a month ago. In the past 30 days, the dollar has fluctuated between a low of 663 and a high of 677 pesos in the informal market. The demand for dollars remains high among those looking to protect their savings from the depreciation of the peso.

Exchange Rate Evolution

The euro is gaining momentum and is now at 765 Cuban pesos (CUP) at the end of this Sunday. This represents an increase of 2.5 pesos compared to the previous day, when the European currency closed at 763 CUP.

In the weekly accumulation, the euro gains 13 pesos compared to the 752 CUP from seven days ago, an increase of 1.7%. In relation to 30 days ago, the current exchange rate is 20 pesos lower than the 785 CUP at that time, although this comparison could be influenced by methodological adjustments to the index. In the last month, the euro has reached a high of 788 and a low of 746 pesos in the parallel market. It surpasses the dollar by 89 pesos, reinforcing its dominant position in the Cuban informal market.

The MLC closes the day at around 466 Cuban pesos (CUP), although this value should be considered indicative since the source warns of limited data available during this time period. It remains unchanged compared to the previous day, when it was at 467 CUP.

In the weekly comparison, the MLC has accumulated a gain of 17 pesos compared to the 449 CUP from seven days ago, an increase of 3.8%. Without physical existence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.

Exchange rate of the dollar USD to CUP: 676 CUP.
Exchange rate of the euro EUR to CUP: 765 CUP.
Exchange rate from MLC to CUP: 466 CUP (indicative value, few data).

The official exchange rate set by the Central Bank of Cuba (Segment III) this Sunday is 634 CUP per dollar and 735 CUP per euro, which remains significantly lower than the rates observed in the everyday informal currency market. The gap between the official dollar rate and the informal rate exceeds 40 pesos, while in the case of the euro, the difference hovers around 30 pesos.

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. It is worth noting that the official dollar rate has risen from 611 CUP on July 31 to the current 634 CUP, indicating a sustained depreciation of the peso even in the official channel.

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.

The Exchange Rate of CiberCuba is an index of the informal Cuban market created through the automated analysis of thousands of currency trading posts in Telegram and Facebook groups. The calculation discards atypical offers and spam messages, weighs each transaction based on its age, and consolidates a representative value that is updated several times a day.