The dollar and euro end the day lower: This is how the informal market closes in Cuba

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By CiberCuba Editorial Team

Wednesday, October 7, 2026 - 9:15 PM

Dollars and euros (Reference image)Photo © CiberCuba

At 8:00 PM local Cuban time, the informal currency market in Cuba concludes its session this Wednesday, October 7, 2026, with declines in both the dollar and the euro. The U.S. dollar ends the day at 768 Cuban pesos, two pesos lower than yesterday's close.

The euro drops to 860 pesos compared to 865 from the previous day. The MLC, on the other hand, stands around 598 pesos, although this reference should be taken as indicative given the low volume of transactions recorded during this time period.

You can check the full evolution of .

The United States dollar is quoted at 768 Cuban pesos (CUP) at the close of this Wednesday. This represents a drop of 2 pesos compared to the previous day, when it closed at 770 CUP.

On a weekly basis, the US dollar is positioned 8.00 pesos above the 760 CUP it was at seven days ago, representing a 1.1% increase.

Exchange Rate Evolution

The comparison over 30 days shows an increase of 84.5 pesos —a 12.4%— although this variation may partly reflect adjustments in the methodology of the index rather than solely market movement.

In the last month, the dollar has fluctuated between a low of 684 CUP and a high of 785 CUP in the informal market. It continues to set the tone for the informal market amid a backdrop of structural currency shortages.

The euro closes the session at 860 Cuban pesos (CUP), representing a decrease of 5.00 pesos compared to the previous day, when it was exchanged at 865 CUP. The European currency also declines by 0.6% against the values from a week ago, when it was also at 865 CUP.

On the monthly horizon, the euro has recorded an increase of 82.5 pesos —10.6%—, although this figure should be interpreted with the same methodological caution.

The range for the last 30 days is between a minimum of 777 CUP and a maximum of 885 CUP. It surpasses the dollar by 92 pesos, consolidating its dominant position in the Cuban parallel market.

The MLC closes around 598 Cuban pesos (CUP), according to indicative data given the small number of operations recorded. This marks a drop of 5.00 pesos compared to the previous session, when it was at 603 CUP.

In weekly terms, the MLC shows a significant increase of 107 pesos —21.8%— compared to the 491 CUP from seven days ago.

The comparison over the past 30 days, which should be approached with caution due to potential methodological adjustments, shows an increase of 144.5 pesos from the 454 CUP recorded a month ago. Without physical existence, its use is limited to the state-run businesses that accept it, which restricts its circulation compared to cash currencies.

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: 598 CUP (indicative value).

The official exchange rate of the Central Bank of Cuba (Segment III), set at 695 CUP per dollar and 782 CUP per euro on October 7, remains well below the values that govern everyday transactions in the informal currency market.

Although Segment III was presented as a more flexible exchange mechanism, its official rate remains far from that of the informal market and does not meet the actual foreign currency demand of the population.

The gap between the official and informal rates for the dollar exceeds 73 pesos; for the euro, it is over 78 pesos.

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

The setbacks recorded this Wednesday, although moderate, provide a slight relief to those in need of acquiring foreign currency, in a context where the dollar has risen more than 12% in the last month and the euro exceeds 10%.

The Exchange Rate of CiberCuba 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 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.