The upward pressure of the dollar and euro is increasing in Cuba: Both currencies set a new sales record

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

reports new increases in the U.S. dollar and the euro this Tuesday, October 20, 2026.

At 10:00 a.m. (Cuban time), the dollar is selling for 817 CUP, which is five pesos more than the previous day; meanwhile, the euro reaches 905 CUP, with an increase of two pesos in its case.

The Freely Convertible Currency (MLC) is acquired at around 576 CUP, although this reference is indicative due to the limited volume of available data.

Summary of rates in the informal market in Cuba

  • United States Dollar (USD): 817 CUP.
  • Euro (EUR): 905 CUP.
  • MLC: 576 CUP (indicative value, with limited data).

The dollar rises by five pesos and reaches 817 CUP

The US dollar is at 817 CUP, with a buying rate of 814 CUP and a selling rate of 820 CUP. Compared to the 812 CUP recorded on the previous day, it has increased by five pesos.

The increase is also reflected in the weekly evolution. Seven days ago, the dollar was valued at 788 CUP, which means it has risen 29 pesos in a week.

Exchange Rate Evolution

Compared to the 713 CUP recorded 30 days ago, the increase is 104 pesos.

In the last 30 days, the US dollar has reached a high of 817 CUP, corresponding to the current exchange rate, and a low of 712 CUP.

The euro reaches 905 CUP, hitting its monthly high

The euro is trading at 905 Cuban pesos, with a buying rate of 900 CUP and a selling rate of 910 CUP.

The European currency has risen by two pesos compared to the 903 CUP from the previous day, accumulating an increase of 20 pesos over the last seven days, when it was at 885 CUP.

The current exchange rate of the European currency also represents its highest point in the last 30 days, a period during which it recorded a low of 812 CUP.

The euro remains the highest valued currency among the three references analyzed, with a difference of 88 pesos compared to the U.S. dollar.

The MLC presents a reference exchange rate of 576 CUP

The freely convertible currency (MLC) is around 576 CUP, with a buying reference of 496 CUP and a selling reference of 656 CUP.

The value should be interpreted with caution due to the limited number of available observations and the wide difference between buying and selling quotes.

In the previous session, the MLC reference was set at 637 CUP. Although the difference between both values is 61 pesos, the available data does not allow us to consider this variation as a consolidated market decline.

Over the past 30 days, the MLC has recorded values ranging from a minimum of 457 CUP to a maximum of 665 CUP.

The difference between the informal market and the official rate

The quotes in the informal market continue to be higher than the official rates of the Central Bank of Cuba corresponding to Segment III.

The official reference used for this comparison is 725 CUP per dollar and 813 CUP per euro, compared to 817 CUP and 905 CUP, respectively, in the informal market.

The difference reaches 92 pesos per dollar and 92 pesos per euro.

In percentage terms, informal exchange rates exceed official references by approximately 12.7% for the dollar and 11.3% for the euro.

In the last month, the official exchange rate of the dollar has risen from 669 to 725 CUP, an increase of 56 pesos. Despite this adjustment, it remains below the rate recorded in the informal market.

Equivalence of the US dollar to Cuban pesos on October 20:

  • 1 USD = 817 CUP.
  • 5 USD = 4,085 CUP.
  • 10 USD = 8,170 CUP.
  • 20 USD = 16,340 CUP.
  • 50 USD = 40,850 CUP.
  • 100 USD = 81,700 CUP.

Exchange rate of the euro to Cuban pesos on October 20:

  • 1 EUR = 905 CUP.
  • 5 EUR = 4.525 CUP.
  • 10 EUR = 9,050 CUP.
  • 20 EUR = 18,100 CUP.
  • 50 EUR = 45,250 CUP.
  • 100 EUR = 90,500 CUP.
  • 200 EUR = 181,000 CUP.

These conversions are calculated based on reference quotes from the informal market and do not necessarily represent the final price of each buying and selling transaction.

Methodology

The CiberCuba Exchange Rate is an index of the Cuban informal market created through the automated analysis of thousands of currency buying and selling posts in Telegram and Facebook groups.

The calculation disregards unusual offers and spam messages, weighs each operation according to its age, and consolidates a representative value that is updated several times a day.

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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.