The price of the dollar and the euro in the Cuban informal market continues without increasing. Today’s exchange rates

The informal currency market in Cuba continues to show remarkable stability. This Tuesday, August 13, 2024, both the dollar and the euro remain unchanged for the fourth consecutive day, while the Freely Convertible Currency (MLC) remains at its same value for several days.

Exchange rate update

Today, the US dollar is trading at $320.00 CUP, accumulating ten days without variations since it reached this value on August 3. For its part, the euro remains priced at $330.00 CUP, unchanged since August 5, which adds up to nine consecutive days of stability. The MLC, which experienced a drop on August 10, remains at $275.00 CUP.

It is important to remember that the rates provided by Toque are referential, based on monitoring purchase and sale announcements in different regions of the country.

These rates may vary depending on local supply and demand, meaning they are not homogeneous throughout Cuba. In some areas, prices may differ significantly from the average values ​​recorded.

Exchange rates today

• Euros (EUR): 1 EUR = 330 CUP
• United States Dollar (USD): 1 USD = 320 CUP
• Freely Convertible Currency (MLC): 1 MLC = 275 CUP

Conversion of dollars and euros to MLC

• 1 EUR = 1.20 MLC
• 1 USD = 1.16 MLC

CUP Equivalents

Euros:

• 10 EUR = 3,300 CUP
• 20 EUR = 6,600 CUP
• 30 EUR = 9,900 CUP
• 40 EUR = 13,200 CUP
• 50 EUR = 16,500 CUP
• 100 EUR = 33,000 CUP

Dollars:

• 10 USD = 3,200 CUP
• 20 USD = 6,400 CUP
• 30 USD = 9,600 CUP
• 40 USD = 12,800 CUP
• 50 USD = 16,000 CUP
• 100 USD = 32,000 CUP

MLC:

• 10 MLC = 2,750 CUP
• 20 MLC = 5,500 CUP
• 30 MLC = 8,250 CUP
• 40 MLC = 11,000 CUP
• 50 MLC = 13,750 CUP
• 100 MLC = 27,500 CUP

The lack of significant movements in the prices of these currencies could be signaling a pause in the fluctuations of the informal market, which could respond to both internal economic factors and current government policies.

Still, it is crucial for those interested in the currency market to keep a close eye on daily updates, as these rates can change suddenly depending on market conditions and local dynamics.