The main currencies remain stable in the Cuban informal market after a week of slight fluctuations.
By CiberCuba Editorial Team
Saturday, April 26, 2025 – 11:45
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The price of the US dollar (USD) remains at 365 Cuban pesos (CUP) in the informal market this Saturday, April 26, 2025.
The American dollar has shown stability in recent days. The euro (EUR) is currently trading at 380 Cuban pesos, remaining the most expensive currency in the informal exchange market on the island.
During the past week, the euro experienced an upward trend, driven by high demand from those seeking more stable alternatives to the Cuban peso.
Meanwhile, the Foreign Currency Convertible Currency (MLC), which is used in state stores for foreign currencies, is currently marked at a rate of 265 Cuban pesos.
Although the MLC has shown a downward trend in recent months, it increased in price this week and its value seems to be beginning to stabilize.
The overall behavior of currencies in the last week reflects the economic uncertainty in Cuba, where the scarcity of cash in hard currency and inflation are putting pressure on prices in the market.
Exchange rate of the dollar (USD) to Cuban pesos (CUP): 365 CUP
Exchange rate of the euro (EUR) to Cuban pesos (CUP): 380 CUP
Exchange rate from (MLC) to Cuban pesos CUP: 265 CUP
Dollars (USD):
Euros (EUR):
The US dollar (USD) is trading at 365 Cuban pesos (CUP) in the Cuban informal market. This value reflects recent stability, although last week it reached 370 CUP, highlighting the currency’s volatility on the island.
The euro (EUR) is trading at 380 Cuban pesos (CUP) in the informal market. This currency has experienced fluctuations, briefly surpassing 385 CUP due to high demand as a reliable alternative to the Cuban peso.
The Freely Convertible Currency (MLC) is trading at 265 Cuban pesos (CUP). Despite a downward trend in recent months, it has shown some stability this week after almost reaching 270 CUP.
The black currency market is crucial for Cubans because it determines their real purchasing power. In a context of inflation and scarcity, many Cubans rely on this market to obtain foreign currency, necessary for purchasing basic goods and to protect themselves from the devaluation of the Cuban peso.
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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.
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.
Black market for currency: What is the exchange rate for the dollar, euro, and MLC in Cuba today? – CiberCuba
