opens the day this Tuesday, September 22, with an upward trend in all three reference currencies.
At 10:00 a.m. (Cuban local time), the U.S. dollar rises to an average of 718 Cuban pesos, the euro gains ground and settles at 821 pesos, and the freely convertible currency (MLC) shows an indicative value of 502 pesos.
Summary of exchange rates for the day
- Exchange rate of the dollar USD to CUP: 718 CUP.
- Exchange rate of the euro EUR to CUP: 821 CUP.
- Exchange rate from MLC to CUP: 502 CUP (indicative value).
The dollar is at its highest in the last 30 days
The US dollar is quoted this Tuesday at 718 Cuban pesos (CUP) in the informal market, representing a increase of three pesos compared to the previous day, when it closed at 715 CUP.
The US dollar has risen by 20 pesos in the last week—compared to 698 CUP seven days ago—and by 54 pesos in the last month, when it was around 664 CUP, although this 30-day comparison might partly reflect methodological adjustments of the index.
Exchange Rate Evolution
The value today coincides with the highest recorded in the last 30 days, which reinforces the upward pressure on the Cuban peso.
The euro, the most expensive currency in the parallel market
The euro starts this Tuesday at 821 Cuban pesos, three pesos above the 818 CUP from the previous session.
On a weekly basis, the European currency has gained 26 pesos —compared to 795 CUP from seven days ago— and over the last month, it has risen by 70.5 pesos from 750 CUP. However, this 30-day variation should be interpreted cautiously due to potential methodological adjustments.
The highest recorded in the last 30 days is 823 CUP, just two pesos above the current rate.
It surpasses the dollar by 103 pesos, consolidating its dominant position in the Cuban informal market.
The MLC, indicative value due to low volume of operations
The MLC is around 502 Cuban pesos at the opening this Tuesday, which represents an increase of 5.5 pesos compared to the previous day, when it was at 496 CUP.
However, this information should be taken as indicative: the source warns of a low volume of operations during this time period for this currency.
In weekly terms, the MLC has decreased by 7.5 pesos compared to the 509 CUP from seven days ago.
Without physical existence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.
The gap with the official rate remains high
The official exchange rate from the Central Bank of Cuba (Segment III): is 670 CUP per dollar and 768 CUP per euro, which remains far below the values that prevail in everyday practice in the informal currency market.
The difference between the official and informal rates reaches 48 pesos for the dollar and 53 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 real demand for foreign currency among the population.
In the last month, the official exchange rate of the dollar has risen from 638 to 670 CUP, an adjustment that has not managed to close the gap with the parallel market.
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.
Equivalency of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates as of Tuesday, September 22, 2026
- 1 USD = 718 CUP.
- 5 USD = 3,590 CUP.
- 10 USD = 7,180 CUP.
- 20 USD = 14,360 CUP.
- 50 USD = 35,900 CUP.
- 100 USD = 71,800 CUP.
Exchange rate of Euro (EUR) to Cuban Peso (CUP) as per the rates on Tuesday, September 22, 2026
- 1 EUR = 821 CUP.
- 5 EUR = 4.105 CUP.
- 10 EUR = 8,210 CUP.
- 20 EUR = 16,420 CUP.
- 50 EUR = 41,050 CUP.
- 100 EUR = 82,100 CUP.
Methodology
The CiberCuba Exchange Rate is an index of the Cuban informal market generated from the automated analysis of thousands of currency exchange posts in Telegram and Facebook groups.
The calculation filters out atypical offers and spam messages, weighs each transaction based on its age, and consolidates a representative value that is updated multiple times a day.
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