No respite: The dollar and the euro continue to rise in the Cuban informal market

100 euro bill, 100 dollar bill, and Cuban pesos (Reference image)Photo © CiberCuba

records new increases for the US dollar and the euro this Saturday, September 26, 2026.

At 10:00 a.m. (Cuban local time), the dollar rises to 733 Cuban pesos, the euro strengthens to 840 pesos, and the Convertible Currency (MLC), with scarce and only indicative data, points to 489 pesos.

Summary of exchange rates

  • Exchange rate of the dollar USD to CUP: 733 CUP.
  • Exchange rate of the euro EUR to CUP: 840 CUP.
  • Exchange rate from MLC to CUP: 489 CUP (indicative value, limited data available).

The dollar rises and hits its highest point in 30 days

The U.S. dollar is trading at 733 Cuban pesos (CUP) in the informal market this Saturday.

This represents an increase of three pesos compared to the previous day when the rate was at 730 pesos.

Exchange Rate Evolution

The U.S. dollar has been experiencing a sustained increase: seven days ago, it was exchanged at 708 pesos, which represents a rise of 25 pesos over the past week (+3.5%).

Thirty days ago, the average value was 670 pesos, although this comparison may partly reflect methodological adjustments of the index rather than just market movements.

Today's value matches the highest recorded for the dollar in the past 30 days.

The euro reaches its highest point in the last 30 days

The euro is currently trading at 840 Cuban pesos (CUP), reaching its highest level in the past month.

This represents an increase of eight pesos compared to the previous day, when it was exchanged at 832 pesos.

In the last week, the European currency has risen 35 pesos (+4.4%), from 805 pesos a week ago.

Thirty days ago, the euro was at 760 pesos; however, as with the dollar, this comparison should be made with caution as it may include methodological adjustments.

The euro surpasses the dollar by 107 pesos, consolidating its dominant position in the Cuban parallel market.

The MLC decreases slightly, with indicative data

The MLC, for its part, registers a reference value of 489 Cuban pesos (CUP).

The available data for this time slot is limited, so the figure should be taken with caution.

This represents a drop of nine pesos compared to the previous day, when the reference value was 498 pesos.

In the last week, it has dropped by 3 pesos (-0.6%), from 492 pesos a week ago.

Without a 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 is widening further

The official exchange rate of the Central Bank of Cuba (Segment III), at 681 CUP per dollar and 776 CUP per euro, remains well below the values that actually prevail in everyday transactions in the informal currency market.

The difference between the official rate and the informal rate reaches 52 pesos for the dollar and 64 pesos for the euro.

Although Segment III was introduced as a more flexible exchange mechanism, its official rate remains very distant from the informal market and fails to meet the actual demand for foreign currency among the population.

In the last month, the official dollar rose from 636 to 681 CUP, while in the informal market it climbed from 670 to 733 pesos, highlighting that the gap, far from closing, is widening.

In a scenario of sustained inflation, low state wages, and increasing partial dollarization of the economy, any variation in the informal market directly impacts domestic prices and the purchasing power of Cubans.

Equivalence of United States dollar (USD) bills to Cuban peso (CUP), according to the exchange rates this Saturday, September 26, 2026

  • 1 USD = 733 CUP.
  • 5 USD = 3,665 CUP.
  • 10 USD = 7,330 CUP.
  • 20 USD = 14,660 CUP.
  • 50 USD = 36,650 CUP.
  • 100 USD = 73,300 CUP.

Equivalence of euro banknotes (EUR) to Cuban peso (CUP), according to the exchange rates on Saturday, September 26, 2026

  • 1 EUR = 840 CUP.
  • 5 EUR = 4,200 CUP.
  • 10 EUR = 8,400 CUP.
  • 20 EUR = 16,800 CUP.
  • 50 EUR = 42,000 CUP.
  • 100 EUR = 84,000 CUP.

Methodology

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

The calculation eliminates atypical offers and spam messages, weighing each transaction according to its age and consolidating a representative value that is updated multiple times a day.

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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.

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.