Changes in Cuba's informal market: two currencies open lower

People on a street in Havana and 100 dollar bills and 50 euro notes (Reference image)Photo © CiberCuba/ChatGPT

opens this Thursday, October 8, 2026, with a relatively calm outlook, although not without activity.

At 10:00 a.m. (Cuban local time), the US dollar remains unchanged compared to the previous day, while the euro slightly weakens and the MLC shows a more pronounced decline, although its exchange rate should be taken with caution due to the low trading volume that supports it.

Summary of rates

  • Exchange rate of the dollar (USD) to CUP: 768 CUP.
  • Exchange rate of the euro (EUR) to CUP: 860 CUP.
  • Exchange rate from MLC to CUP: 585 CUP (indicative value, limited data).

The dollar, without changes

The US dollar is currently valued at 768 Cuban pesos (CUP) in the informal market, the same value it recorded on the previous day.

It remains unchanged compared to yesterday, which solidifies a start to the day marked by the stability of the greenback.

On a weekly basis, the dollar has increased by five pesos compared to the 763 CUP it was at seven days ago, representing a rise of 0.7%.

Exchange Rate Evolution

Regarding the 30-day comparison —which may partly reflect adjustments in the index methodology, not just market movement— the price has risen by 84 pesos from 684 CUP a month ago, an increase of 12.3%.

In the last 30 days, the dollar has fluctuated between a low of 684 CUP and a high of 785 CUP.

The demand for dollars remains high among those seeking to protect their savings against the depreciation of the peso.

The euro loses ground

The euro drops today to 860 Cuban pesos (CUP), down from 864 CUP in the previous session.

This represents a drop of four pesos compared to the previous day, a correction of 0.5%.

The trend for the week is also downward: a week ago, the rate was 867 CUP, indicating a cumulative decline of seven pesos in that period (-0.8%).

Nonetheless, in the 30-day comparison —taking into account potential methodological adjustments— the euro has increased by 82.5 pesos from 778 CUP a month ago (+10.6%).

In the last month, the European currency has reached a high of 885 CUP and a low of 777 CUP.

The euro surpasses the dollar by 92 pesos, consolidating its dominant position in the Cuban parallel market.

The MLC is declining and has limited data

The MLC today stands at around 585 Cuban pesos (CUP), down from 598 CUP the previous day, reflecting a drop of 13 pesos (-2.2%).

However, this value should be considered indicative: the source warns that the volume of transactions recorded during this time frame is low, which limits the representativeness of the figure.

In the weekly perspective, the MLC has increased by 95 pesos compared to the 490 CUP from seven days ago (+19.4%), although this fluctuation may also be influenced by the irregularity in the number of available transactions.

In the last 30 days, the exchange rate has fluctuated between a minimum of 416 CUP and a maximum of 603 CUP.

Gap between the informal market and the official rate

The official exchange rate of the Central Bank of Cuba (Segment III), at 698 CUP per dollar and 781 CUP per euro, remains well below the values that prevail in day-to-day practice in the informal currency market.

The difference between both markets reaches 70 pesos in the case of the dollar and 79 pesos in the case of the euro, a gap that highlights the disparity between the official economy and the reality faced by Cubans on a daily basis.

In the past month, the official rate of the dollar has risen from 644 to 698 CUP, and the euro from 749 to 781 CUP, reflecting a sustained depreciation of the peso in the official channel as well.

Equivalence of United States dollar (USD) notes to Cuban peso (CUP), according to the exchange rates of this Thursday, October 8, 2026

  • 1 USD = 768 CUP
  • 5 USD = 3,840 CUP
  • 10 USD = 7,680 CUP
  • 20 USD = 15,360 CUP
  • 50 USD = 38,400 CUP
  • 100 USD = 76,800 CUP

Equivalence of euro bills (EUR) to Cuban peso (CUP), according to the exchange rates of this Thursday, October 8, 2026

  • 1 EUR = 860 CUP
  • 5 EUR = 4,300 CUP
  • 10 EUR = 8,600 CUP
  • 20 EUR = 17,200 CUP
  • 50 EUR = 43,000 CUP
  • 100 EUR = 86,000 CUP

Methodology

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

The calculation eliminates atypical offers and spam messages, weighs each transaction based on 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.