The informal currency market in Cuba continues to show a trend of relative stability, with prices reflecting the country's economic conditions. Currently, the U.S. dollar (USD) is trading at 320 Cuban pesos (CUP), while the euro (EUR) is at 330 CUP. Meanwhile, the Moneda Libremente Convertible (MLC) stands at 270 CUP since Saturday.
These rates indicate a slight stability compared to previous weeks, although they still highlight the ongoing economic crisis on the island, where inflation and a shortage of foreign currency greatly impact the purchasing power of the citizens.
Exchange Rates as of September 16, 2024 - 6:18 AM in Cuba
Exchange rate of the U.S. dollar (USD) to CUP according to elTOQUE: 320 CUP
Exchange rate of the euro (EUR) to CUP according to elTOQUE: 330 CUP
Exchange rate of the MLC to CUP according to elTOQUE: 270 CUP
List of Available Banknotes and Their Value in Cuban Pesos (CUP)
U.S. 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 Exchange Rates in Cuba
Given the fluctuating nature of exchange rates and the critical economic situation in Cuba, here are some frequently asked questions to help understand the current scenario.
What is the current exchange rate for the U.S. dollar in Cuba?
As of September 16, 2024, the U.S. dollar is trading at 320 Cuban pesos (CUP).
How much is 10 euros worth in Cuban pesos?
10 euros are equivalent to 3,300 Cuban pesos (CUP).
What is Moneda Libremente Convertible (MLC) and its current value in CUP?
Moneda Libremente Convertible (MLC) is a type of currency used in certain transactions in Cuba, and its current value is 270 Cuban pesos (CUP).