The euro reaches this Friday 950 Cuban pesos (CUP) in the informal currency market of Cuba, its highest rate in the last 30 days. The European currency continues its upward trend, while the US dollar is also gaining ground, accumulating an increase of 44 pesos in just one week.
According to the data from , the euro has increased by 4 pesos compared to the reference from the previous day, which was set at 946 CUP. Meanwhile, the dollar is trading at 872 CUP.
The European currency has gained approximately 34.5 pesos in the last seven days, an increase of 3.8%.
Its monthly evolution also reflects a significant increase: 30 days ago it was around 864 CUP, compared to the current 950.
With this morning's exchange rate, 100 euros are equivalent to 95,000 Cuban pesos in the informal market, while 200 euros represent 190,000 CUP.
Exchange Rate Evolution
The euro also maintains a difference of 78 pesos compared to the US dollar, solidifying its position as the highest-valued currency among the two main foreign currencies traded in the informal Cuban market.
The US dollar continues its rise and reaches 872 CUP, compared to the 828 pesos recorded seven days ago. This represents a weekly increase of 44 pesos, roughly equivalent to 5.3%.
Regarding the previous reference of 858 CUP used in the index, the dollar shows a difference of 14 pesos.
In the last month, the US dollar has risen from 755 to 872 CUP, an accumulated difference of 117 pesos.
At current rates, exchanging 100 dollars represents about 87,200 Cuban pesos in the informal market.
The Freely Convertible Currency (MLC), on its part, shows an exchange rate of 623 CUP.
The previous reference was 725 CUP, which would imply a difference of 102 pesos.
The gap between informal quotations and official rates remains significant.
For this Friday, the Central Bank of Cuba (BCC) sets a reference of 762 CUP per dollar and approximately 851 CUP per euro in its Segment III.
In this way, the euro in the informal market is 99 pesos above the official reference, while the dollar shows a difference of 110 CUP.
Segment III employs a more flexible rate than traditional currency segments, although the presence of an official reference does not guarantee that all applicants can access foreign currency through banking channels.
Exchange rates in the informal market in Cuba this Friday:
Euro (EUR): 950 CUP.
US Dollar (USD): 872 CUP.
MLC: 623 CUP.
Euro equivalence in Cuban pesos:
1 EUR = 950 CUP.
5 EUR = 4,750 CUP.
10 EUR = 9,500 CUP.
20 EUR = 19,000 CUP.
50 EUR = 47,500 CUP.
100 EUR = 95,000 CUP.
200 EUR = 190,000 CUP.
Equivalence of the US dollar in Cuban pesos:
1 USD = 872 CUP.
5 USD = 4,360 CUP.
10 USD = 8,720 CUP.
20 USD = 17,440 CUP.
50 USD = 43,600 CUP.
100 USD = 87,200 CUP.
Filed under: