At 8:00 PM, local Cuban time, closes this Sunday, October 11, 2026, with the dollar and the euro rising compared to the previous day. The Cuban peso shows no signs of recovery, and foreign currencies remain firm at high levels. The MLC, with limited data available, provides only a rough reference.
The U.S. dollar is quoted at 785 Cuban pesos (CUP) at the close of this Sunday. This represents an increase of 2.5 pesos compared to the previous day, when the average value was 783 CUP. In the weekly comparison, the dollar remains at the same levels as seven days ago, when it also stood at 785 CUP. Over the monthly horizon, the U.S. currency has accumulated a rise of 93.5 pesos compared to the 692 CUP recorded 30 days ago, a 13.5% increase, although it is worth noting that this comparison may partially reflect adjustments in the index methodology. The dollar continues to set the tone of the informal market in a context of structural currency shortages.
The euro closes the day at 878 Cuban pesos (CUP), which indicates an increase of 2 pesos compared to the previous day's close, when it was at 876 CUP. In the weekly comparison, the European currency decreases by just 1 peso from 879 CUP a week ago, a virtually negligible variation. Compared to 30 days ago, the euro has gained 93 pesos, equivalent to an increase of 11.9%, although this figure should be viewed with the same caution as the dollar regarding potential methodological adjustments. It is established as the most expensive currency in the Cuban parallel market, surpassing the dollar by 93 pesos.
The MLC is around 535 Cuban pesos (CUP), although this value should be considered merely as a reference since the data available during this time frame is limited. Compared to the previous day, it has increased by 38 pesos, and in the weekly comparison, it has risen by 3 pesos from the 532 CUP of seven days 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: 785 CUP.
- Exchange rate of the euro EUR to CUP: 878 CUP.
- Exchange rate of MLC to CUP: 535 CUP (reference 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 rates that apply in everyday transactions in the informal currency market. The gap between the official dollar rate and the informal one exceeds 87 pesos; in the case of the euro, the difference approaches 97 pesos.
Exchange Rate Evolution
Although Segment III was presented as a more flexible exchange mechanism, its official rate remains far from that of the informal market and fails to meet the real demand for foreign currency from the population. In the past month, the official dollar has risen from 651 to 698 CUP, and the official euro from 757 to 781 CUP, a surge that highlights the sustained pressure on the Cuban peso even within the institutional channel.
In an environment of sustained inflation, low state salaries, and increasing partial dollarization of the economy, every fluctuation in the informal market directly affects internal prices and the purchasing power of Cubans. This Sunday’s close confirms that foreign currencies remain strong against a peso that cannot find its footing.
The informal currency market in Cuba operates outside of the state's financial institutions, through networks of buying and selling between individuals. Although the Cuban regime does not officially acknowledge 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 created from the automated analysis of thousands of currency trading posts in Telegram and Facebook groups. The calculation disregards atypical offers and spam messages, weighs each transaction based on its age, and consolidates a representative value that is updated several times a day.
Equivalence of United States Dollar (USD) bills to Cuban Peso (CUP), according to the exchange rates of Sunday, October 11, 2026
- 1 USD = 785 CUP
- 5 USD = 3.925 CUP
- 10 USD = 7.850 CUP
- 20 USD = 15,700 CUP
- 50 USD = 39,250 CUP
- 100 USD = 78,500 CUP
Equivalence of Euro (EUR) to Cuban Peso (CUP), according to the exchange rates of this Sunday, October 11, 2026
- 1 EUR = 878 CUP
- 5 EUR = 4.390 CUP
- 10 EUR = 8.780 CUP
- 20 EUR = 17.560 CUP
- 50 EUR = 43,900 CUP
- 100 EUR = 87.800 CUP
- 200 EUR = 175,600 CUP
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