At 8:00 PM, local Cuban time, closes this Saturday, November 7, 2026, showing mixed behavior among the main currencies. The US dollar slightly declines compared to the previous day, while the euro rises to surpass the 1,000 pesos barrier, and the MLC shows a notable increase, although its value should be regarded with caution due to the low volume of transactions supporting it.
The US dollar closes the day with an average value of 933 Cuban pesos (CUP), with a buying rate of 925 CUP and a selling rate of 940 CUP. This represents a decrease of 2.5 CUP compared to the previous day, when it was at 935 CUP. Looking at the weekly perspective, today's drop does not erase the underlying bullish trend: a week ago, the dollar was trading at 890 CUP, which indicates an increase of 42.5 CUP over the past seven days (+4.8%).
The comparison over 30 days shows an increase of 157.5 CUP (+ 20.3 %), although this change may partially reflect methodological adjustments in the index rather than just market movements. The demand for USD remains high among those looking to protect their savings against the depreciation of the CUP.
The euro closes higher and asserts itself as the most expensive currency in the Cuban parallel market, with an average value of 1,010 CUP, buying at 1,000 CUP and selling at 1,020 CUP. This represents an increase of 10.5 CUP compared to the previous session, when it was at 1,000 CUP.
In the last week, the euro has risen 40.5 CUP (+ 4.2 %), and 30 days ago it was quoted at 868 CUP, a difference of 142.5 CUP (+ 16.4 %), although this comparison should be read with the same methodological caution. It surpasses the dollar by 77 CUP, solidifying its dominant position and driven by limited supply and demand from those receiving remittances from Europe.
Exchange Rate Evolution
The MLC closes with a reference average value of 677 CUP, with purchases at 646 CUP and sales at 707 CUP. This data should be taken with caution, as it corresponds to a range with limited transaction volume.
Compared to the previous day, it has increased by 24 CUP (+3.7%), and over the last week it has accumulated a rise of 113 CUP (+20.1%). Without physical availability, its use is limited to the state-run businesses that accept it, which restricts its circulation compared to cash currencies.
- Exchange rate of the dollar USD to CUP: 933 CUP.
- Exchange rate of the euro EUR to CUP: 1.010 CUP.
- Exchange rate from MLC to CUP: 677 CUP (indicative value, limited data available).
The official exchange rate of the Banco Central de Cuba (Segment III), set today at 800 CUP per dollar and 892 CUP per euro, remains considerably lower than the rates that prevail in everyday transactions 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 actual demand for foreign currency among the population. The gap between the official and informal rates for the dollar exceeds 133 CUP, and for the euro, it approaches 118 CUP.
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 among the population, whether for emigration, importing goods, protecting savings, or making purchases in the private sector.
In a scenario of sustained inflation, low state wages, and growing partial dollarization of the economy, every fluctuation in the informal market directly impacts internal prices and the purchasing power of Cubans. The fact that the dollar has risen more than 157 CUP in a month —and the euro more than 142— illustrates the extent of the pressure the Cuban peso faces in the parallel market.
The exchange rate of CiberCuba is an index of the unofficial Cuban market created from the automated analysis of thousands of currency trading posts in Telegram and Facebook groups. The calculation disregards atypical offers and spam messages, weighs each transaction according to its recency, and consolidates a representative value that is updated several times a day.
Equivalence of United States Dollar (USD) bills to Cuban Peso (CUP), according to the exchange rates of this Saturday, November 7, 2026
- 1 USD = 933 CUP
- 5 USD = 4,665 CUP
- 10 USD = 9,330 CUP
- 20 USD = 18,660 CUP
- 50 USD = 46,650 CUP
- 100 USD = 93,300 CUP
Equivalence of Euro (EUR) bills to Cuban Peso (CUP), according to the exchange rates of this Saturday, November 7, 2026
- 1 EUR = 1.010 CUP
- 5 EUR = 5,050 CUP
- 10 EUR = 10,100 CUP
- 20 EUR = 20,200 CUP
- 50 EUR = 50,500 CUP
- 100 EUR = 101,000 CUP
- 200 EUR = 202,000 CUP
Filed under: