What is the value of the dollar in Cuba this weekend? This is how the informal market looks

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By CiberCuba Editorial Team

Saturday, October 10, 2026 - 10:51

Dollars and Cuban pesos (Reference image)Photo © CiberCuba

At 10:00 a.m. local time in Havana, reports an upward trend for the dollar and the euro this Saturday, October 10, 2026.

Both currencies are trending upward compared to the previous day, while the MLC, with limited data available during this time frame, indicates a significant decline that should be approached with caution.

The United States dollar

The U.S. dollar is trading at 776 Cuban pesos (CUP) in the informal market this Saturday. This represents an increase of 1 peso compared to the previous day, when the average value stood at 775 CUP.

In the weekly perspective, the US dollar has decreased by 9 pesos compared to the 785 CUP recorded seven days ago, indicating that today's increase has not yet regained the level of last week.

In terms of monthly evolution, the dollar is 88 pesos higher than the 688 CUP from 30 days ago, although this comparison should be viewed with caution, as it may partially reflect methodological adjustments of the index.

Exchange Rate Evolution

In the past 30 days, the dollar has fluctuated between a low of 688 CUP and a high of 785 CUP. It continues to set the tone for the informal market amid a context of structural currency shortages.

The euro

The euro opens at 874 Cuban pesos (CUP), indicating an increase of 4 pesos compared to the previous session's 870 CUP.

In the weekly comparison, the European currency has decreased by 6 pesos compared to the 880 CUP from seven days ago. Looking at the month, the euro stands at 93 pesos above the 781 CUP recorded 30 days ago, but this variation may include methodological adjustments of the index.

The range over the last 30 days has fluctuated between 782 and 885 CUP. It surpasses the dollar by 98 pesos, strengthening its dominant position in the Cuban parallel market.

The MLC

The MLC presents an indicative value of 525 Cuban pesos (CUP) this Saturday, with limited data during this time period that requires treating the figure with caution. This represents a drop of 55 pesos compared to the 580 CUP from the previous day.

In the weekly comparison, the MLC increases by 57 pesos compared to the 468 CUP from seven days ago. Over the last 30 days, it has fluctuated between a low of 446 and a high of 603 CUP. Without physical existence, its use is limited to state-run stores that accept it, which restricts its circulation compared to cash currencies.

Summary of exchange rates

Exchange rate of the dollar USD to CUP: 776 CUP.
Exchange rate of the euro EUR to CUP: 874 CUP.
Exchange rate from MLC to CUP: 525 CUP (indicative value, limited data).

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 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 from the population. In the case of the dollar, the gap between the official price (698 CUP) and the informal price (776 CUP) exceeds 78 pesos; for the euro, the difference between the official rate of 781 CUP and the parallel market rate of 874 CUP is around 93 pesos.

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

The informal currency market in Cuba operates outside of state financial institutions, through networks of buying and selling between individuals. Although the Cuban regime does not officially recognize it, it is the market that practically determines the real purchasing power of Cubans.

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