opens this Thursday, November 12, with mixed signals: the US dollar declines while the euro gains ground, and the freely convertible currency (MLC), with a low volume of transactions, also loses ground compared to the previous day.
Summary of exchange rates
- Dollar exchange rate USD to CUP: 905 CUP.
- Exchange rate of the euro EUR to CUP: 990 CUP.
- Exchange rate of MLC to CUP: 626 CUP (reference value, limited data).
The dollar is on the decline
At 10:00 a.m. (Cuban local time), the US dollar is trading this Thursday at 905 Cuban pesos (CUP) in the informal market, with a purchase rate around 900 CUP and a selling rate of about 910 CUP.
This represents a drop of three pesos compared to the previous day, when the average value was 908 CUP.
Seven days ago, the dollar was at 920 pesos, which represents a cumulative drop of 15 pesos in the last week, equivalent to a decline of 1.6%.
In the last 30 days, the dollar has fluctuated between a low of 788 CUP and a high of 940 CUP.
Exchange Rate Evolution
The monthly comparison shows an increase of 117.5 pesos (+14.9%), although it is advisable to take this figure with caution, as it may partly reflect adjustments in the index methodology rather than just market movements.
The euro is recovering
The euro begins the day moving in the opposite direction to the dollar: it is trading at 990 Cuban pesos (CUP), with a purchase rate of 980 CUP and a sale rate of 1,000 CUP.
Regarding the previous session, the European currency increased by seven pesos (+0.7%), reaching around 983 CUP.
In the past week, however, the euro has also experienced a slight decline: seven days ago it was at 1,000 pesos, representing a weekly drop of 10 pesos (-1%).
In the last month, the exchange rate has ranged from a low of 885 CUP to a high of 1,010 CUP.
The 30-day variation is +105 pesos (+11.9%), although, similar to the case with the dollar, this figure may include methodological adjustments to the index.
The euro remains the most expensive currency among the major currencies included in the index and exceeds the dollar by 85 pesos.
The MLC, with indicative data
The MLC is hovering around 626 Cuban pesos (CUP) at the opening this Thursday, with a purchase rate of about 554 CUP and a selling rate of around 697 CUP.
Compared to the previous day, when it was at 640 CUP, it records a decrease of 14 pesos (-2.2%).
However, it is important to handle this value with caution: the MLC is typically marked by low trading volume during this time period, which means its quotation is indicative.
In the last week, the MLC has fallen 59 pesos from the 685 CUP of seven days ago (-8.6%), and in the last month, it has fluctuated between a low of 519 CUP and a high of 795 CUP.
Without a physical existence, its use is limited to the state-run businesses that accept it, which restricts its circulation compared to cash currencies.
The gap with the official rate
The official exchange rate of the Central Bank of Cuba (Segment III), set on November 12 at 820 CUP per dollar and 910 CUP per euro, remains below the values recorded in the informal currency market.
The difference between the official and informal prices reaches 85 pesos for the dollar and 80 pesos for the euro.
In the last month, the official exchange rate of the dollar has risen from 702 to 820 CUP, and the euro from 783 to 910 CUP.
Despite these increases, both official rates remain below the informal rates recorded this Thursday.
Equivalence of United States dollar (USD) bills to Cuban peso (CUP) according to the exchange rate on this November 12, 2026
- 1 USD = 905 CUP.
- 5 USD = 4,525 CUP.
- 10 USD = 9,050 CUP.
- 20 USD = 18,100 CUP.
- 50 USD = 45,250 CUP.
- 100 USD = 90,500 CUP.
Exchange rate of euro banknotes (EUR) to Cuban peso (CUP) according to the rate on November 12, 2026
- 1 EUR = 990 CUP.
- 5 EUR = 4.950 CUP.
- 10 EUR = 9,900 CUP.
- 20 EUR = 19,800 CUP.
- 50 EUR = 49,500 CUP.
- 100 EUR = 99,000 CUP.
- 200 EUR = 198,000 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 excludes atypical offers and spam messages, weighs each operation based on its age, and consolidates a representative value that is updated several times a day.
Filed under: