Dollar and euro slowdown in Cuba: Another day of decline

$100 and €100 bills (Reference image)Photo © CiberCuba

shows a moderate decline in the two main reference currencies early this Tuesday.

At 10:00 a.m. (Cuban local time), the US dollar and the euro open the day with slight declines compared to the previous day, while the MLC, with low trading volume, provides a reference figure that should be interpreted with caution.

Summary of rates for Tuesday, October 6, 2026

  • Exchange rate of the dollar (USD) to CUP: 770 CUP.
  • Exchange rate of the euro (EUR) to CUP: 870 CUP.
  • Exchange rate from MLC to CUP: 582 CUP.

The dollar is down, but it retains its gains for the week

The U.S. dollar is trading today at 770 Cuban pesos (CUP) in the informal market, with a buying rate around 760 CUP and a selling rate of about 780 CUP.

This represents a drop of three pesos compared to the previous day, when the average value was at 773 CUP.

Despite this temporary setback, the US dollar has gained 22 pesos in the weekly balance — just seven days ago, it was trading at 748 CUP — which corresponds to an approximate increase of 3%.

Exchange Rate Evolution

In the monthly balance, the dollar has risen by 87 pesos from 683 CUP thirty days ago, although this comparison may partly reflect methodological adjustments of the index rather than solely market movements.

In the last 30 days, the currency has fluctuated between a minimum of 683 CUP and a maximum of 785 CUP.

The euro is losing ground, but it remains the most expensive currency

The euro opens this Tuesday at around 870 Cuban pesos (CUP), with a buying range of 850 CUP and a selling range of 890 CUP.

Regarding the previous day, the European currency has decreased by five pesos from the 875 CUP recorded yesterday, representing a decline of 0.6%.

In the weekly balance, however, the euro gains 18 pesos compared to the 852 CUP from seven days ago, an increase of 2.1%.

In the monthly outlook, the European currency has risen by 95 pesos from the 775 CUP recorded 30 days ago, a figure that, similar to that of the dollar, should be interpreted with caution due to potential methodological adjustments.

The range of the European currency over the last 30 days has fluctuated between a minimum of 775 CUP and a maximum of 885 CUP.

It reaffirms itself as the most expensive currency in the Cuban parallel market, surpassing the dollar by 100 pesos in its average value.

The MLC is rising, but with sparse data

The MLC offers an indicative value of 582 Cuban pesos (CUP) this Tuesday, according to the latest update of the Exchange Rate from CiberCuba.

Compared to the 562 CUP from the previous day, the current value represents an increase of 20 pesos, which is approximately a rise of 3.6%.

However, this figure should be taken with caution due to the limited volume of available data for the MLC, so its value may experience significant fluctuations throughout the day.

In the weekly balance, it has risen by 74 pesos from the 508 CUP recorded seven days ago. Due to the lack of cash, its use is limited to state businesses that accept payments in MLC, which restricts its circulation compared to cash currencies.

The gap with the official rate, an abyss that does not close

The official exchange rate of the Central Bank of Cuba (Segment III), set at 695 CUP per dollar and 783 CUP per euro according to the data effective as of October 5, 2026, remains far below the values that prevail in everyday practice in the informal currency market.

The difference between the official rate and the informal rate reaches 75 pesos in the case of the dollar and 87 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 currency demand of the population.

In the last month, the official rate of the dollar rose from 640 to 695 CUP, and the euro from 744 to 783 CUP, a correction that, however, has not managed to close the gap with the parallel market.

Equivalence of United States dollar (USD) bills to Cuban peso (CUP), according to the exchange rates for this Tuesday, October 6, 2026:

  • 1 USD = 770 CUP.
  • 5 USD = 3,850 CUP.
  • 10 USD = 7,700 CUP.
  • 20 USD = 15,400 CUP.
  • 50 USD = 38,500 CUP.
  • 100 USD = 77,000 CUP.

Equivalence of euro bills (EUR) to Cuban pesos (CUP), according to the exchange rates on this Tuesday, October 6, 2026:

  • 1 EUR = 870 CUP.
  • 5 EUR = 4,350 CUP.
  • 10 EUR = 8,700 CUP.
  • 20 EUR = 17,400 CUP.
  • 50 EUR = 43,500 CUP.
  • 100 EUR = 87,000 CUP.

Methodology

The Exchange Rate of CiberCuba is an index of the informal Cuban market developed through the automated analysis of thousands of currency exchange posts in Telegram and Facebook groups.

The calculation dismisses 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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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.