What is the price of the dollar and euro in Cuba today?: Here's how the informal market is starting out on the island

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By CiberCuba Editorial Team

Monday, September 28, 2026 - 10:49

Reference image created with Artificial IntelligencePhoto © CiberCuba / ChatGPT

At 10:29 a.m., local time in Havana, begins the day on Monday, September 28, 2026, with widespread increases.

The U.S. dollar is trading this Monday at 742 Cuban pesos (CUP) in the informal market, with a buying price of 735 CUP and a selling price of 750 CUP.

This represents an increase of 1 peso compared to the previous day, when the average value was 741 CUP. The weekly trend is even more pronounced: seven days ago, the dollar averaged 715 CUP, which means a rise of 27 pesos in just one week.

In the monthly outlook, the US dollar has risen from 674 CUP 30 days ago, although this comparison may partially reflect methodological adjustments of the index. Over the last 30 days, the dollar has fluctuated between a low of 674 CUP and a high of 745 CUP. It continues to set the tone for the informal market in a context of structural currency shortages.

Exchange Rate Evolution

The euro is currently trading at 847 Cuban pesos (CUP), with a buying price of 840 CUP and a selling price of 854 CUP. Compared to the previous day, when the average value was 842 CUP, the European currency has risen by 5 pesos.

In the weekly comparison, the euro has gained 29 pesos since it was at 818 CUP seven days ago, representing an increase of 3.5%. Thirty days ago, it was trading at 763 CUP; however, as with the dollar, this monthly reference should be interpreted with caution.

The maximum in the last 30 days is precisely 847 CUP, while the minimum was 761 CUP. It surpasses the dollar by 104 pesos, consolidating its dominant position in the Cuban parallel market.

The MLC is located this Monday around 544 Cuban pesos (CUP), with a purchase price of 497 CUP and a sale price of 569 CUP. This value should be considered as indicative, given the low volume of transactions recorded during this time frame.

Regarding the previous session, when the average value was 483 CUP, the MLC rose by 61 pesos, a jump that should be interpreted with caution precisely due to the limited sample of data. In the last week, it has increased by 48 pesos from the 496 CUP of seven days ago. Without any physical existence, its use is limited to the state-run businesses that accept it.

Summary of exchange rates

Exchange rate of the dollar USD to CUP: 742 CUP.
Exchange rate of the euro EUR to CUP: 847 CUP.
Exchange rate from MLC to CUP: 544 CUP (indicative value, limited data).

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

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. The gap between the official and informal rates is currently 61 pesos for the dollar and 71 pesos for the euro.

The gap between the official and informal exchange rates reflects the ongoing shortage of foreign currency in the state banking system and the high demand for dollars and euros from the population, whether for emigration, importing goods, protecting savings, or making purchases in the private sector.

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

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