The price of the dollar and the euro drops in the informal market in Cuba: This is how the currencies start the day

Dollar in Cuba (reference image)Photo © CiberCuba

At 11:40 a.m., local time in Havana, opens this Monday, November 9, with declines in the dollar, euro, and MLC compared to the rates from the same time frame on Sunday.

The U.S. dollar is quoted at 920 Cuban pesos (CUP), which represents a drop of 6 pesos compared to Sunday, when it was at 926 CUP.

From a weekly perspective, the greenback has risen by 25 pesos compared to the 895 CUP it was at seven days ago, equivalent to an increase of 2.8%. The comparison over 30 days shows a rise of 142 pesos from the 778 CUP recorded at that time, although this variation should be interpreted with caution due to possible methodological adjustments in the index.

In the last month, the dollar has fluctuated between a low of 778 CUP and a high of 940 CUP.

The euro falls back to 988 CUP, dropping by 14 pesos compared to Sunday, when it was valued at 1,002 CUP. Thus, the European currency once again falls below the barrier of 1,000 Cuban pesos.

Exchange Rate Evolution

In the last week, the euro has gained 5 pesos compared to the 983 CUP from seven days ago. In comparison to the 875 CUP recorded 30 days ago, it shows an increase of 113 pesos. Its monthly range has fluctuated between 875 and 1,010 CUP.

Despite the daily decline, the euro maintains a value higher than the dollar, with a difference of 68 Cuban pesos.

The MLC is around 658 CUP, which represents a decline of 89 pesos compared to the 747 CUP recorded on Sunday. This is the most significant daily drop among the three rates, with a decrease of 11.91%. Its figures should be interpreted with caution due to the low trading volume noted for this time period.

In the last week, the MLC has increased by 97 pesos compared to the 561 CUP recorded seven days ago.

  • Exchange rate of the dollar (USD) to Cuban pesos (CUP): 920 CUP
  • Exchange rate of the euro (EUR) to Cuban pesos (CUP): 988 CUP
  • Exchange rate from (MLC) to Cuban pesos CUP: 658 CUP

The official exchange rate of the Central Bank of Cuba (Segment III), at 800 CUP per dollar and 892 CUP per euro, remains significantly below the rates that prevail in everyday practice in the informal currency market.

Although Segment III was introduced as a more flexible currency mechanism, its official exchange rate remains far from that of the informal market and does not meet the real demand for foreign currency from the population. The gap between the official and informal rates reflects the persistent 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, protecting savings, or making purchases in the private sector.

In a scenario of sustained inflation, low state salaries, and increasing partial dollarization of the economy, every change in the informal market directly impacts internal prices and the purchasing power of Cubans.

The CiberCuba Exchange Rate is an index of the informal Cuban market created through the automated analysis of thousands of currency trading posts in Telegram and Facebook groups. The calculation eliminates atypical offers and spam messages, weights each transaction according to its age, and consolidates a representative value that is updated several times a day.

Equivalence of United States Dollar (USD) to Cuban Peso (CUP) — Monday, November 9, 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

Equivalence of Euro (EUR) banknotes to Cuban Peso (CUP) — Monday, November 9, 2026

  • 1 EUR = 988 CUP
  • 5 EUR = 4.940 CUP
  • 10 EUR = 9.880 CUP
  • 20 EUR = 19.760 CUP
  • 50 EUR = 49,400 CUP
  • 100 EUR = 98.800 CUP
  • 200 EUR = 197,600 CUP

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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.