The informal currency market in Cuba has shown relative stability in recent days, despite the ongoing severe economic crisis in the country. Currently, the price of the U.S. dollar (USD) remains at 320 Cuban pesos (CUP), making it one of the most sought-after currencies.
Meanwhile, the euro (EUR) is trading at 330 CUP, slightly higher than the dollar. The freely convertible currency (MLC), which has seen fluctuations, is set today at 275 CUP.
Current Exchange Rates in Cuba as of 09/13/2024 - 6:24 am
Exchange Rate for USD to CUP according to elTOQUE: 320 CUP
Exchange Rate for EUR to CUP according to elTOQUE: 330 CUP
Exchange Rate for MLC to CUP according to elTOQUE: 275 CUP
List of Dollar and Euro Bills with Cuban Peso Equivalent
Dollar Bills (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 Bills (EUR):
- 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 Cuba's Currency Exchange Rates
Here are some common questions and answers regarding the current exchange rates in Cuba's informal market.
What is the current exchange rate for USD to CUP?
As of 09/13/2024, the exchange rate for USD to CUP is 320 CUP according to elTOQUE.
How much is 10 euros worth in Cuban pesos?
10 euros are worth 3,300 Cuban pesos in the current informal market.
Why is the MLC rate lower than the dollar and euro?
The MLC rate tends to be lower due to its limited acceptance and the fluctuating demand compared to more widely used currencies like the dollar and euro.