In the last few hours, a rebound was seen in the exchange rates of the informal currency market, according to data collected and shared by elToque.
This Saturday, September 28, 2024, the exchange rates in Cuba’s informal exchange market remain stable, without major fluctuations compared to yesterday. After the slight increase reported in the value of the euro during the week, the market has maintained the same figures.
Current Foreign Exchange Rates
Today, the US dollar continues to trade at 320 Cuban pesos (CUP) in the informal market, while the euro remains in 335 CUP. The Freely Convertible Currency (MLC), used mainly in state currency stores, remains in the 270 CUPas reported yesterday.
Conversions of Major Currencies
For those looking for equivalences between the main currencies and the Freely Convertible Currency (MLC), the current rates are as follows:
- 1 USD equivale a 1,19 MLC
- 1 EUR equivale a 1,24 MLC
CUP Equivalences of the Main Currencies
Here are the approximate equivalents of various amounts of dollars, euros and MLC to Cuban pesos (CUP):
United States Dollars (USD) to Cuban Pesos (CUP)
- 1 USD = 320 CUP
- 5 USD = 1,600 CUP
- 10 USD = 3,200 CUP
- 20 USD = 6,400 CUP
- 30 USD = 9,600 CUP
- 50 USD = 16,000 CUP
- 100 USD = 32,000 CUP
Euros (EUR) to Cuban Pesos (CUP)
- 1 EUR = 335 CUP
- 5 EUR = 1,675 CUP
- 10 EUR = 3,350 CUP
- 20 EUR = 6,700 CUP
- 30 EUR = 10,050 CUP
- 50 EUR = 16,750 CUP
- 100 EUR = 33,500 CUP
Freely Convertible Currency (MLC) to Cuban Pesos (CUP)
- 1 MLC = 270 CUP
- 5 MLC = 1,350 CUP
- 10 MLC = 2,700 CUP
- 20 MLC = 5,400 CUP
- 30 MLC = 8,100 CUP
- 50 MLC = 13,500 CUP
- 100 MLC = 27,000 CUP
Outlook and Stability
Despite the small fluctuations observed in the middle of the week, the Cuban exchange market has remained largely stable in the last 24 hours. However, citizens continue to expect possible changes in the coming weeks due to the economic uncertainty that the country is going through. Such a long streak without major variations in informal exchange rates in the country has not been remembered for a long time.
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