The dollar begins the day lower in the Cuban informal market

Street in Havana and a 100-dollar bill and a 50-euro note (Reference image)Photo © CiberCuba/ChatGpt

opens this Tuesday, November 10, 2026, with the US dollar declining, the euro unchanged, and the Convertible Currency (MLC) experiencing an uptick that should be approached with caution due to the low volume of transactions recorded during this time frame.

Summary of exchange rates

  • Exchange rate of the USD to CUP: 913 CUP.
  • Exchange rate of the euro EUR to CUP: 974 CUP.
  • Exchange rate of MLC to CUP: 687 CUP (indicative value, few data).

The dollar eases at the opening

At 10:00 a.m. (Cuban local time), the U.S. dollar is trading at an average value of 913 Cuban pesos (CUP) in the informal market, with a purchase price of 900 CUP and a selling price of 925 CUP.

This represents a decrease of 7.5 pesos compared to the previous day, when the average value was 920 CUP, which corresponds to a regression of 0.8%.

In a weekly perspective, the dollar is 7.5 pesos above the 905 CUP it was at seven days ago, which represents a gain of 0.8% during that period.

The comparison over 30 days shows an increase of 129 pesos from the 784 CUP recorded at the beginning of October, although this change may partly reflect adjustments in the index methodology rather than solely market movement.

Exchange Rate Evolution

In the last month, the dollar has fluctuated between a minimum of 784 CUP and a maximum of 940 CUP in the informal market.

The demand for dollars remains high among those looking to protect their savings against the depreciation of the peso.

The euro remains unchanged and is the most expensive currency

The euro remains stable at an average value of 974 Cuban pesos (CUP), with a purchase rate of 947 CUP and a selling rate of 1,000 CUP.

It shows no variation compared to the previous session, confirming its strength in the opening this Tuesday.

In the weekly comparison, the euro has decreased by 16.5 pesos compared to the 990 CUP from seven days ago, a drop of 1.7%.

Thirty days ago, it was at 878 CUP, which reflects an increase of 96 pesos during that time. However, similar to the case of the dollar, this variation should be interpreted with caution as it may include methodological adjustments.

The euro has fluctuated between 878 and 1,010 CUP in the last month.

It is stated as the most expensive currency in the Cuban parallel market, surpassing the dollar by 61 pesos in the average value of this day.

The MLC rises, but with little data

The MLC is valued around 687 Cuban pesos (CUP) on average, with a buying rate of 677 CUP and a selling rate of 696 CUP.

This data should be taken as indicative, since the source warns of a low volume of operations during this time frame.

Regarding the previous session, the average value increases by 39.5 pesos, a rise of 6.1%, although the reliability of this variation is dependent on the limited data available.

In the past week, it gained nine pesos compared to the 678 CUP from seven days ago.
Without physical existence, its use is limited to state-run shops that accept it, which restricts its circulation compared to cash currencies.

    Gap between the informal market and the official rate

    The official exchange rate of the Central Bank of Cuba (Segment III), at 807 CUP per dollar and 904 CUP per euro, remains well below the values that prevail in everyday practice in the informal currency market.

    In the case of the dollar, the difference between the two markets exceeds 100 pesos; for the euro, it approaches 70 pesos.

    Although Segment III was presented as a more flexible exchange mechanism, its official rate remains far from that of the informal market and fails to meet the actual foreign currency demand of the population.

    The official exchange rate for the dollar has increased from 702 to 807 CUP in the last month, and the euro has risen from 783 to 904 CUP, reflecting a sustained devaluation of the peso in the official market as well.

    In a scenario of sustained inflation, low state wages, 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 on this Tuesday, November 10, 2026

    • 1 USD = 913 CUP.
    • 5 USD = 4,565 CUP.
    • 10 USD = 9,130 CUP.
    • 20 USD = 18,260 CUP.
    • 50 USD = 45,650 CUP.
    • 100 USD = 91,300 CUP.

    Equivalence of euro bills (EUR) to Cuban pesos (CUP), according to the exchange rates from this Tuesday, November 10, 2026

    • 1 EUR = 974 CUP.
    • 5 EUR = 4.870 CUP.
    • 10 EUR = 9,740 CUP.
    • 20 EUR = 19,480 CUP.
    • 50 EUR = 48,700 CUP.
    • 100 EUR = 97,400 CUP.

    Methodology

    The CiberCuba Exchange Rate is an index of the informal Cuban market created through the automated analysis of thousands of currency buying and selling posts in Telegram and Facebook groups.

    The calculation discards 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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    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.