Unstoppable: Growing momentum for the rise of the dollar and the euro in Cuba

Street in Havana and a 100-dollar bill and 50 euros (Reference image)Photo © CiberCuba/ChatGpt

opens this Thursday, October 15, 2026, with the dollar and the euro experiencing another increase.

At 10:00 a.m. (local Cuban time), the US dollar rises to 797 Cuban pesos, up from 793 the previous day; meanwhile, the euro stands at 892 pesos, compared to the 888 recorded yesterday.

The Freely Convertible Currency (MLC), with a reduced trading volume that limits the reliability of its data, is currently trading around 636 pesos as a guideline.

Summary of informal market rates

  • Exchange rate of the dollar USD to CUP: 797 CUP.
  • Exchange rate of the euro EUR to CUP: 892 CUP.
  • Exchange rate from MLC to CUP: 636 CUP (indicative value, limited data).

Dollar (USD): rises and reaches its highest point in 30 days

The US dollar is trading this Thursday at 797 Cuban pesos (CUP) in the informal market, with a buying price of 794 CUP and a selling price of 800 CUP.

This represents an increase of 4.5 pesos compared to the previous day, when the average value was 793 CUP.

The upward trend remains clear on the weekly and monthly horizon: seven days ago, the dollar was exchanged at 768 pesos, which represents an increase of 29.5 pesos in a week (+3.8%).

In the last 30 days, the US dollar has gained 99.5 pesos from the reference rate of 698 CUP, an increase of 14.3%. However, it is important to note that part of this variation may reflect adjustments in the index methodology rather than purely market movements.

The value today, 797 CUP, matches the highest recorded in the last 30 days.

The dollar continues to dictate the rhythm of the informal market in a context of structural foreign currency scarcity.

Euro (EUR): also up and at the highest levels of the period

The euro is quoted at 892 Cuban pesos (CUP), with a buying range at 885 CUP and selling at 899 CUP.

Regarding the previous session, the European currency has risen by four pesos (+0.5%), from 888 CUP yesterday.

In the weekly perspective, the euro has gained 32 pesos compared to the 860 CUP from seven days ago (+3.7%).

In the last month, the reference has risen from 795 to 892 pesos, an increase of 97.5 pesos (+12.3%). However, similar to the dollar, part of that variation may be due to methodological adjustments in the index.

The current value of the euro matches the highest point in the last 30 days, with a minimum of 794 CUP during that period.

The European currency surpasses the dollar by 95 pesos, consolidating its dominant position in the Cuban parallel market.

MLC: indicative value due to data scarcity

The MLC is trading this Thursday around 636 Cuban pesos (CUP), with a buying rate of 500 CUP and a selling rate of 772 CUP.

Regarding the previous day, the average value increases by 85.5 pesos (+15.5%), from the 551 CUP recorded yesterday.

However, this data should be taken with caution: the source warns that the volume of operations in this range is limited and that the value is merely indicative.

In the last week, the MLC has risen by 51 pesos from the 585 CUP of seven days ago (+8.7%).

In the last month, the reference increased from 509 to 636 CUP, although the 30-day comparison may reflect adjustments in the methodology of the index.

The maximum for the last 30 days is 636 CUP and the minimum is 446 CUP.

    Gap between the informal market and the official rate

    The official exchange rate of the Central Bank of Cuba (Segment III), at 711 CUP per dollar and 790 CUP per euro, remains well below the rates that prevail in everyday practice in the informal currency market.

    The difference between the official rate and the informal rate today reaches 86 pesos for the dollar and 102 pesos for the euro.

    Equivalence of United States dollar (USD) bills to Cuban peso (CUP), according to the exchange rates of this Thursday, October 15, 2026

    • 1 USD = 797 CUP.
    • 5 USD = 3,985 CUP.
    • 10 USD = 7,970 CUP.
    • 20 USD = 15,940 CUP.
    • 50 USD = 39,850 CUP.
    • 100 USD = 79,700 CUP.

    Equivalence of euro bills (EUR) to Cuban pesos (CUP), according to the exchange rates of this Thursday, October 15, 2026

    • 1 EUR = 892 CUP.
    • 5 EUR = 4,460 CUP.
    • 10 EUR = 8,920 CUP.
    • 20 EUR = 17,840 CUP.
    • 50 EUR = 44,600 CUP.
    • 100 EUR = 89,200 CUP.

    Methodology

    The CiberCuba Exchange Rate is an index of the informal Cuban 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 based on its age, and consolidates a representative value that is updated several times a day.

    Filed under:

    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.