Another big drop in exchange rates. This is the price of the dollar, the euro and the MLC today in Cuba 2024-07-17 05:51:43

Another big drop in exchange rates. This is the price of the dollar, the euro and the MLC today in Cuba
 2024-07-17 05:51:43
The informal currency market in Cuba has experienced significant declines in exchange rates today, Sunday.
According to the latest data shared by the Toque platform, the euro, the US dollar and the Freely Convertible Currency (MLC) have all registered significant declines.

The euro has dropped 3.5 pesos, standing at $336.5 CUP. This variation continues the downward trend observed in the previous days.

The US dollar has dropped five pesos, now trading at $325.00 CUP. This drop reflects a continued adjustment in its value throughout the week.

The Freely Convertible Currency (MLC) has also dropped five pesos, settling at $285.00 CUP. This drop marks a notable change in the last 24 hours.

In some currency buying and selling groups in Cuba, offers for slightly lower values ​​are still found. Such is the case of the Telegram group Cambio MLC. This is because the exchange rates are not homogeneous and can vary depending on the region and other factors.

The reality of supply and demand in a small municipality in the east of the country is not the same as in the capital. Many factors influence the value of foreign currency in the informal market, from the urgency of the person offering or seeking foreign currency, to the place where the transaction takes place, the amounts for sale and the condition or denomination of the banknote.

Exchange rates today

  • Euros (EUR): 1 EUR = 336.5 CUP (down 3.5 pesos)
  • United States Dollar (USD): 1 USD = 325 CUP (down five pesos)
  • Freely Convertible Currency (MLC): 1 MLC = 285 CUP (down five pesos)

Conversion of dollars and euros to MLC

  • 1 EUR = 1.18 MLC
  • 1 USD = 1.14 MLC

Some useful equivalences in CUP

Euros:

  • 10 EUR = 3,365 CUP
  • 20 EUR = 6,730 CUP
  • 30 EUR = 10,095 CUP
  • 40 EUR = 13,460 CUP
  • 50 EUR = 16,825 CUP
  • 100 EUR = 33,650 CUP

Dollars:

  • 10 USD = 3,250 CUP
  • 20 USD = 6,500 CUP
  • 30 USD = 9,750 CUP
  • 40 USD = 13,000 CUP
  • 50 USD = 16,250 CUP
  • 100 USD = 32,500 CUP

MLC:

  • 10 MLC = 2,850 CUP
  • 20 MLC = 5,700 CUP
  • 30 MLC = 8,550 CUP
  • 40 MLC = 11,400 CUP
  • 50 MLC = 14,250 CUP
  • 100 MLC = 28,500 CUP

We encourage you to follow our daily updates on exchange rates in Cuba; we are the first media outlet to publish them every day.

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