opens this Friday, October 16, with new increases in the dollar and euro. The US dollar reaches 798 Cuban pesos (CUP), while the euro hits 895 CUP, its highest in the last 30 days.
The Cuban peso continues to lose value against both currencies. The Convertible Currency (MLC), for its part, shows a reference exchange rate of 623 CUP, which should be interpreted with caution due to the low volume of transactions that supports the figure.
Summary of exchange rates
- Exchange rate of the dollar USD to CUP: 798 CUP.
- Exchange rate of the euro EUR to CUP: 895 CUP.
- Exchange rate from MLC to CUP: 623 CUP (indicative value, with limited data).
The dollar reaches 798 CUP and hits its monthly high
At 10:00 a.m. (Cuban local time), the US dollar was trading at 798 Cuban pesos (CUP) in the informal market, with a buying price of 795 CUP and a selling price of 800 CUP.
This represents an increase of one peso compared to the previous day, when its average value was 797 CUP.
In the last week, the dollar has risen by 23 pesos, from the 775 CUP recorded seven days ago, an approximate increase of 3%.
Exchange Rate Evolution
In the last 30 days, the exchange rate has increased from 698 to 798 CUP, a rise of 100 pesos (14.3%). This comparison may partially reflect methodological adjustments of the index rather than solely market movements.
The current quotation matches the highest recorded during that period.
The euro reaches its highest level in the last 30 days
The euro is trading this Friday at 895 Cuban pesos (CUP), with a buying price of 890 CUP and a selling price of 900 CUP.
Regarding the previous day, when it was at 892 CUP, it increases by three pesos, 0.3%, reaching its highest point in the last 30 days.
In weekly terms, the euro has gained 25 pesos from the 870 CUP recorded seven days ago, an approximate increase of 2.9%.
The monthly comparison shows an increase from 795 CUP thirty days ago to the current 895, a rise of one hundred pesos. Part of this variation may also be related to methodological adjustments of the index.
The European currency surpasses the dollar by 97 pesos in the Cuban informal market.
The MLC falls back to 623 CUP
The MLC registers an indicative exchange rate of 623 Cuban pesos (CUP), with a purchase price of 500 CUP and a selling price of 745 CUP.
This figure should be taken with caution: the volume of recorded transactions is low, so the data is not fully representative of the market.
Regarding the previous session, when the average value was at 636 CUP, the MLC has decreased by 13 pesos, an approximate drop of 2%.
In the past week, however, it has risen by 43 pesos from the 580 CUP recorded seven days ago, an increase of 7.4%.
The gap with the official rate remains wide
The official exchange rate of the Central Bank of Cuba (Segment III), as of October 16, stands at 716 CUP per dollar and 803 CUP per euro, remains below the rates of the informal market.
The difference between both references reaches 82 pesos per dollar and 92 pesos per euro.
Although Segment III was introduced as a more flexible exchange mechanism, its exchange rate continues to remain below that of the informal market.
During the last month, the official exchange rate for the dollar has increased from 662 to 716 CUP, while the euro has risen from 764 to 803 CUP. During the same period, the published values for the parallel market have recorded even greater increases.
Equivalence of US dollars to Cuban pesos according to the informal exchange rate this Friday, October 16, 2026:
- 1 USD = 798 CUP.
- 5 USD = 3,990 CUP.
- 10 USD = 7,980 CUP.
- 20 USD = 15,960 CUP.
- 50 USD = 39,900 CUP.
- 100 USD = 79,800 CUP.
Equivalence of euros to Cuban pesos according to the informal exchange rate on Friday, October 16, 2026:
- 1 EUR = 895 CUP.
- 5 EUR = 4.475 CUP.
- 10 EUR = 8,950 CUP.
- 20 EUR = 17,900 CUP.
- 50 EUR = 44,750 CUP.
- 100 EUR = 89,500 CUP.
Methodology
The CiberCuba Exchange Rate is an index of the Cuban informal market derived 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.
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