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

People on a street in Havana and a $100 bill and 50 euros (Reference image)Photo © CiberCuba/ChatGpt

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

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

The U.S. dollar is currently trading 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 the start of the day marked by the stability of the greenback.

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

Exchange Rate Evolution

Regarding the 30-day comparison—which may reflect in part methodological adjustments to the index, not just market movements—the price has risen by 84 pesos from the 684 CUP of 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 looking to protect their savings against the devaluation of the peso.

The euro loses ground

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

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

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

Overall, in the 30-day comparison —taking the data cautiously due to possible methodological adjustments— the euro has risen by 82.5 pesos from the 778 CUP of 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 is currently around 585 Cuban pesos (CUP), down from 598 CUP from the previous day, representing a decrease of 13 pesos (-2.2%).

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

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

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

Gap between the informal market and the official rate

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

The difference between both markets reaches 70 pesos in the case of the dollar and 79 pesos for the euro, a gap that illustrates the distance between the official economy and the reality that Cubans experience daily.

In the last month, the official exchange rate for the dollar has increased from 644 to 698 CUP, and the euro's rate has risen from 749 to 781 CUP, indicating a sustained depreciation of the peso in the official channel as well.

Equivalence of United States Dollar (USD) to Cuban Peso (CUP) based on the exchange rates for 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 (EUR) notes 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 CiberCuba Exchange Rate is an index of the Cuban informal market created through the automated analysis of thousands of currency buy and sell posts in Telegram and Facebook groups.

The calculation disregards 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.