At 8:00 PM local Cuban time, the informal foreign exchange market in Cuba closes this Tuesday, October 27, 2026, with the U.S. dollar at a new historic high: 850 Cuban pesos. The North American currency rises by seven and a half pesos compared to the previous day and reinforces an upward trend that shows no signs of slowing down. The euro follows the increase, reaching 932 pesos, while the MLC drops to 554 pesos, although this last figure should be taken as indicative due to the low volume of transactions supporting it. You can follow the developments in .
The U.S. dollar is trading at 850 Cuban pesos (CUP) at the close of this trading day. This represents an increase of 7.5 pesos compared to the previous day, when the currency closed at 843 CUP. The escalation continues in the weekly comparison: seven days ago, the dollar was at 818 pesos, marking an increase of 32.5 pesos in just one week. Thirty days ago, the exchange rate was at 740 pesos, although it is worth noting that comparisons over that timeframe can also reflect methodological adjustments of the index and not just market movements. Today, the dollar reaches its highest point in the last 30 days and continues to set the tone for the informal market in a context of structural currency shortages.
The euro is trading at 932 Cuban pesos (CUP), three pesos above the 929 recorded in the previous session. Over the past week, the European currency has risen 24 pesos from the 908 CUP of a week ago, and in the last month, it has accumulated a gain of 84.5 pesos compared to the 847 from 30 days ago, with the same caution regarding possible methodological adjustments in that comparison. The maximum in the last 30 days is 933 pesos, just one peso above today's closing. It surpasses the dollar by 82 pesos, solidifying its dominant position in the Cuban parallel market.
The MLC is around 554 Cuban pesos (CUP), although this value should be considered indicative due to the low volume of transactions recorded during this time frame. Compared to the previous day, the digital currency has decreased by 43.5 pesos, and in the last week, it has accumulated a decline of 33.5 pesos from the 587 CUP of seven days ago. Lacking physical existence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.
- Exchange rate of the dollar USD to CUP: 850 CUP.
- Exchange rate of the euro EUR to CUP: 932 CUP.
- Exchange rate from MLC to CUP: 554 CUP (indicative value, limited data).
The closing this Tuesday confirms that the dollar has reached its highest level since records began in the informal Cuban market, surpassing the psychological barrier of 850 pesos for the first time. In just one month, the U.S. currency has gained over 110 pesos, reflecting a depreciation of the Cuban peso that directly affects the purchasing power of the population. The euro, for its part, is nearing its own 30-day high, set at 933 pesos.
Exchange Rate Evolution
The official exchange rate of the Central Bank of Cuba (Segment III), at 749 CUP per dollar and 837 CUP per euro, remains well below the values that prevail in daily 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 real demand for foreign currency from the population. The gap between both markets currently exceeds 100 pesos in the case of the dollar and 95 pesos in the case of the euro.
The gap between the official and informal exchange rates reflects the ongoing shortage of foreign currency in the state banking system and the high demand for dollars and euros by the population, whether for emigration, importing goods, safeguarding savings, or making purchases in the private sector.
In a scenario of sustained inflation, low state wages, and increasing partial dollarization of the economy, every fluctuation in the informal market directly affects internal prices and the purchasing power of Cubans.
The Exchange Rate from CiberCuba is an index of the informal Cuban market created through the automated analysis of thousands of currency buy and sell 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) to Cuban Peso (CUP), according to the exchange rates of this Tuesday, October 27, 2026
- 1 USD = 850 CUP
- 5 USD = 4.250 CUP
- 10 USD = 8,500 CUP
- 20 USD = 17,000 CUP
- 50 USD = 42,500 CUP
- 100 USD = 85,000 CUP
Equivalence of Euro (EUR) notes to Cuban Peso (CUP), according to the exchange rates on Tuesday, October 27, 2026
- 1 EUR = 932 CUP
- 5 EUR = 4.660 CUP
- 10 EUR = 9.320 CUP
- 20 EUR = 18.640 CUP
- 50 EUR = 46,600 CUP
- 100 EUR = 93,200 CUP
- 200 EUR = 186,400 CUP
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