reaches a new milestone this Thursday, as the euro hits the threshold of 1,000 pesos and the dollar also experiences a new price increase in recent hours.
At 10:00 a.m. (Cuban local time), the U.S. dollar rises to 920 Cuban pesos, the euro reaches 1,000 pesos, and the Convertible Currency (MLC) hovers around 685 pesos, although this last figure should be considered indicative due to the low volume of transactions recorded during this time period.
Summary of exchange rates
- Exchange rate of the dollar USD to CUP: 920 CUP
- Exchange rate of the euro EUR to CUP: 1.000 CUP
- Exchange rate from MLC to CUP: 685 CUP (indicative value, limited data)
The dollar
The exchange rate of the dollar at 920 Cuban pesos represents an increase of 6.5 pesos compared to the previous day, when the exchange rate was at 914 CUP.
The rise does not stop: in the last week, the dollar has increased by 62 pesos, a 7.2% higher than seven days ago, when it was trading at 858 CUP.
Compared to 30 days ago, the U.S. dollar has risen by 150 pesos, although this month-to-month comparison may partly reflect methodological adjustments to the index rather than solely market movements.
Exchange Rate Evolution
In the last month, the dollar has reached a high of 920 CUP —the current level— and a low of 768 CUP.
The euro
The euro is trading at 1,000 Cuban pesos (CUP), reaching a significant psychological threshold in the informal market.
This represents a five peso increase compared to the previous session, when it was sold at an average of 995 CUP.
In weekly terms, the European currency has gained 52.5 pesos, equivalent to a 5.5% increase compared to the 947 CUP from seven days ago.
In the last month, the euro has fluctuated between a low of 860 CUP and the current high of 1,000 CUP, although the monthly comparison should be interpreted cautiously due to potential methodological adjustments in the index.
It surpasses the dollar by 80 pesos, consolidating its dominant position in the Cuban parallel market.
The MLC
The MLC is quoted at around 685 Cuban pesos, although this value is indicative given the low volume of transactions recorded in this range.
This represents a drop of seven pesos compared to the previous day, when it was at 692 CUP.
In the last week, the MLC has decreased by 40.5 pesos, 5.6% less than seven days ago, when it was trading at 725 CUP.
In the last month, it has fluctuated between a maximum of 795 CUP and a minimum of 496 CUP.
Gap between the informal market and the official rate
The official exchange rate of the Central Bank of Cuba (Segment III), at 788 CUP per dollar and 885 CUP per euro, remains well below the values that govern day-to-day transactions in the informal currency market.
The difference between the official rate and the informal rate exceeds 130 pesos in the case of the dollar and 115 pesos in the case of the euro.
Although Segment III was introduced as a more flexible exchange mechanism, its official rate remains significantly distant from that of the informal market and fails to meet the actual demand for foreign currency from the population.
It is worth noting that the official exchange rate of the dollar has risen from 695 CUP at the beginning of October to 788 CUP this Thursday, reflecting a sustained devaluation of the peso in the official channel as well.
In a scenario of sustained inflation, low state salaries, and increasing partial dollarization of the economy, every fluctuation in the informal market directly impacts internal prices and the purchasing power of Cubans.
Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates for this Thursday, November 5, 2026
- 1 USD = 920 CUP.
- 5 USD = 4,600 CUP.
- 10 USD = 9,200 CUP.
- 20 USD = 18,400 CUP.
- 50 USD = 46,000 CUP.
- 100 USD = 92,000 CUP.
Exchange rate of Euro (EUR) to Cuban Peso (CUP), according to the rates on this Thursday, November 5, 2026
- 1 EUR = 1,000 CUP.
- 5 EUR = 5,000 CUP.
- 10 EUR = 10,000 CUP.
- 20 EUR = 20,000 CUP.
- 50 EUR = 50,000 CUP.
- 100 EUR = 100,000 CUP.
Methodology
The CiberCuba Exchange Rate is an index of the informal Cuban market derived from the automated analysis of thousands of currency trading posts in Telegram and Facebook groups.
The calculation filters out 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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