opens the day this Wednesday, November 11, 2026, with mixed signals: the US dollar falls five pesos compared to the previous day, while the euro gains momentum and rises nearly ten pesos.
Summary of rates
- Dollar USD to CUP: 908 CUP
- Euro EUR to CUP: 983 CUP
- MLC to CUP: 640 CUP (indicative value)
The dollar is falling
At 10:00 a.m. (Cuban local time), the United States dollar is trading today at 908 Cuban pesos (CUP) in the informal market, which represents a drop of five pesos compared to the previous day, when it was at 913 CUP.
In the last week, the greenback has recorded a decrease of six pesos (-0.7%) compared to the 914 CUP noted seven days ago.
Despite this temporary setback, the dollar remains well above the levels from a month ago: the 30-day comparison shows an increase of 122.5 pesos, although it is important to consider that this variation may partially reflect methodological adjustments in the index rather than just market movements.
In the last 30 days, the dollar has fluctuated between a minimum of 785 CUP and a maximum of 940 CUP.
Exchange Rate Evolution
The euro rises
The euro starts this Wednesday at 983 Cuban pesos (CUP), which represents a increase of 9 pesos compared to the previous session, when it was priced at 974 CUP.
On a weekly basis, however, the European currency has fallen by 12 pesos (-1.2%) compared to 995 CUP seven days ago.
The 30-day comparison shows a gain of 103 pesos, although, similar to the case with the dollar, part of that difference may be due to methodological adjustments of the index.
In the last month, the euro has reached a minimum of 880 CUP and a maximum of 1,010 CUP.
It is stated as the most expensive currency in the Cuban parallel market, surpassing the dollar by 75 pesos in today’s exchange rate.
The Freely Convertible Currency (MLC)
The MLC is trading around 640 Cuban pesos (CUP) this Wednesday, although this figure should be taken as a guideline due to the low volume of transactions recorded during this time frame.
Compared to the previous day, the MLC shows a drop of 47 pesos (-6.8%) from yesterday's 687 CUP.
In the last week, it has recorded a decrease of 52 pesos (-7.5%) from the 692 CUP of seven days ago.
In the last 30 days, it has fluctuated between a minimum of 507 CUP and a maximum of 795 CUP.
Without a physical existence, its use is limited to state-run businesses that accept it, which restricts its circulation compared to cash currencies.
Official rate versus the informal market
The official exchange rate set today by the Central Bank of Cuba (Segment III) at 813 CUP per dollar and 909 CUP per euro remains significantly below the values that prevail in daily practice in the informal currency market.
The gap between the two markets reaches 95 pesos for the dollar and 74 pesos for the euro.
Although Segment III was introduced as a more flexible currency mechanism, its official exchange rate remains far from that of the informal market and fails to meet the real demand for foreign currency from the population.
In the last month, the official exchange rate of the dollar has risen from 702 to 813 CUP, and that of the euro has increased from 783 to 909 CUP, reflecting a sustained devaluation of the peso also in the official channel.
Context
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 among the population, whether for emigrating, 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 fluctuation in the informal market directly affects domestic prices and the purchasing power of Cubans.
Exchange rate equivalence of United States Dollars (USD) to Cuban Pesos (CUP), according to the exchange rates this Wednesday, November 11, 2026
- 1 USD = 908 CUP.
- 5 USD = 4,540 CUP.
- 10 USD = 9,080 CUP.
- 20 USD = 18,160 CUP.
- 50 USD = 45,400 CUP.
- 100 USD = 90,800 CUP.
Equivalence of Euro (EUR) notes to Cuban Peso (CUP), according to the exchange rates for this Wednesday, November 11, 2026
- 1 EUR = 983 CUP.
- 5 EUR = 4.915 CUP.
- 10 EUR = 9,830 CUP.
- 20 EUR = 19,660 CUP.
- 50 EUR = 49,150 CUP.
- 100 EUR = 98,300 CUP.
- 200 EUR = 196,600 CUP.
Methodology
The CiberCuba Exchange Rate is an index of the informal Cuban market created from the automated analysis of thousands of currency buying and selling posts in Telegram and Facebook groups.
The calculation disregards atypical offers and spam messages, weighs each operation according to its age, and consolidates a representative value that is updated several times a day.
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