On this Thursday, the U.S. dollar (USD) remains at 320 CUP in Cuba's black market for currencies, while the euro (EUR) stays unchanged at 330 CUP. The Freely Convertible Currency (MLC), after a minor fluctuation on Monday, returned to 275 CUP on Tuesday and has held steady at that level since then.
To the surprise of many, the three main currencies in Cuba's informal market have managed to remain stable over several weeks.
Current Exchange Rates in Cuba as of 12/09/2024 - 6:58 AM
USD to CUP Exchange Rate according to elTOQUE: 320 CUP
EUR to CUP Exchange Rate according to elTOQUE: 330 CUP
MLC to CUP Exchange Rate according to elTOQUE: 275 CUP
Value of Dollar and Euro Bills in Cuban Pesos
Dollar (USD)
1 USD = 320 CUP
5 USD = 1,600 CUP
10 USD = 3,200 CUP
20 USD = 6,400 CUP
50 USD = 16,000 CUP
100 USD = 32,000 CUP
Euro (EUR)
1 EUR = 330 CUP
5 EUR = 1,650 CUP
10 EUR = 3,300 CUP
20 EUR = 6,600 CUP
50 EUR = 16,500 CUP
100 EUR = 33,000 CUP
Frequently Asked Questions about Currency Exchange in Cuba
Below are some common questions and answers regarding the current exchange rates for USD, EUR, and MLC in Cuba.
Why are the exchange rates for USD, EUR, and MLC stable in Cuba?
The stability in exchange rates can be attributed to the current economic conditions and market controls in Cuba's informal currency market.
Where can I exchange USD and EUR in Cuba?
USD and EUR can be exchanged in both official exchange houses (CADECA) and the black market, although the rates may vary significantly.
What is the Freely Convertible Currency (MLC) in Cuba?
The MLC is a virtual currency used in specific stores in Cuba, allowing for transactions in foreign currencies like USD and EUR.