This Sunday, the US dollar (USD) is valued at 325 CUP, the euro (EUR) at 340 CUP, and the Freely Convertible Currency (MLC) at 265 CUP in Cuba's informal market. Over the past month, these primary currencies have shown relative stability, with only slight fluctuations in their values.
The demand for the USD has consistently hovered between 320-325 CUP, while the euro has fluctuated from 330 to 340 CUP, indicating a similar trend. Meanwhile, the MLC, primarily used for purchases in state-run stores, has seen a slight decline, settling at 265 CUP. These exchange rates highlight the economic pressures in the country and its heavy reliance on foreign currencies.
Current Exchange Rates as of October 13, 2024
Exchange rates at 3:06 am in Cuba according to elTOQUE:
- USD to CUP: 325 CUP
- EUR to CUP: 340 CUP
- MLC to CUP: 265 CUP
Value of Banknotes in Cuban Pesos
US Dollar Banknotes:
- 1 USD = 325 CUP
- 5 USD = 1,625 CUP
- 10 USD = 3,250 CUP
- 20 USD = 6,500 CUP
- 50 USD = 16,250 CUP
- 100 USD = 32,500 CUP
Euro Banknotes:
- 5 EUR = 1,700 CUP
- 10 EUR = 3,400 CUP
- 20 EUR = 6,800 CUP
- 50 EUR = 17,000 CUP
- 100 EUR = 34,000 CUP