This is how the informal market in Cuba starts the day: Another rise in the dollar while the euro remains stable

Reference image created with Artificial IntelligencePhoto © CiberCuba / ChatGPT

At 10:00 a.m., Cuban local time, opens this Saturday, November 14, 2026, with activity in the dollar and stability in the euro.

The greenback rises in value compared to the previous trading day, while the euro holds its closing level from the prior session. The MLC, with limited data during this time frame, provides a reference value that should be approached with caution.

The United States dollar is quoted at 912 Cuban pesos (CUP) in the informal market this Saturday. This represents an increase of 7 pesos compared to the previous day, when the average value was 905 CUP.

In a weekly perspective, however, the greenback is 24.5 pesos lower than the levels from seven days ago, when it was around 937 CUP. In a monthly outlook, the exchange rate has increased by 115 pesos compared to the 798 CUP recorded 30 days ago, although this comparison may partly reflect methodological adjustments of the index.

In the last 30 days, the dollar has fluctuated between a low of 798 CUP and a high of 940 CUP. The demand for dollars remains high among those looking to protect their savings against the depreciation of the peso.

Exchange Rate Evolution

The euro remains stable this Saturday, trading at 985 Cuban pesos (CUP), with no changes compared to the previous session. Over the last week, the European currency has declined by 17 pesos from the 1,002 CUP it reached seven days ago.

At 30 days' notice, the euro has accumulated a gain of 93.5 pesos compared to 892 CUP a month ago, although this figure should be interpreted with caution as it may include methodological adjustments.

The range for the last 30 days sets the minimum at 892 CUP and the maximum at 1,010 CUP. It maintains its advantage over the dollar, driven by limited supply and demand from those receiving remittances from Europe.

The MLC is around 549 Cuban pesos (CUP), and this value should be taken as a guideline due to the limited amount of data available during this time period.

According to data from the previous session, the reference quote was 436 CUP, which represents a difference of 113 pesos. However, this variation should be interpreted with particular caution given the limited sample of transactions. Seven days ago, it was around 660 CUP, and 30 days ago it was at 639 CUP.

Without physical existence, 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: 913 CUP.
  • Exchange rate of the euro EUR to CUP: 985 CUP.
  • Exchange rate from MLC to CUP: 549 CUP (reference value, limited data).

The official exchange rate of the Central Bank of Cuba (Segment III) is 832 CUP per dollar and 920 CUP per euro, which remains well below the rates that are typically in effect 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 from the population.

In the case of the dollar, the gap between the official price (832 CUP) and the informal price (913 CUP) exceeds 80 pesos; for the euro, the difference between the official rate of 920 CUP and the parallel market rate of 985 CUP is around 65 pesos.

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

The Exchange Rate of CiberCuba is an index of the Cuban informal 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 transaction based on its age, and consolidates a representative value that is updated several times a day.

Equivalence of United States Dollar (USD) to Cuban Peso (CUP), according to the exchange rates on this Saturday, November 14, 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 (EUR) banknotes to Cuban Peso (CUP), according to the exchange rates of this Saturday, November 14, 2026

  • 1 EUR = 985 CUP
  • 5 EUR = 4.925 CUP
  • 10 EUR = 9.850 CUP
  • 20 EUR = 19,700 CUP
  • 50 EUR = 49.250 CUP
  • 100 EUR = 98,500 CUP
  • 200 EUR = 197,000 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.