The price of the dollar and the euro in the informal market continues without increasing. Exchange rate today in Cuba Cuban

The price of the dollar and the euro in the informal market continues without increasing. Exchange rate today in Cuba Cuban
The informal currency market in Cuba continues to show stability in exchange rates. The price of the dollar and the euro have remained stable over the past week, after registering a significant drop.According to the latest data from el Toque, both the US dollar and the euro have maintained the same values ​​for the third consecutive day. Meanwhile, the Freely Convertible Currency (MLC) has not shown any additional variations after its recent drop 48 hours ago.

Market analysis

The dollar continues to trade at $320.00 CUP, holding this figure since August 3. Similarly, the euro remains at $330.00 CUP, unchanged since August 5. The MLC, after a slight drop, remains at $275.00 CUP.

It is important to note that these exchange rates are indicative and may vary depending on the region of the country. The figures provided are based on monitoring of purchase and sale announcements in different areas, which means that they are not homogeneous.

In fact, in buying and selling groups such as MLC exchange On Telegram, much lower values ​​are observed for both the dollar and the euro.

For example, rates in a small municipality may differ significantly from those observed in the capital, reflecting the diverse economic reality and local supply and demand.

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 observed stability in prices could indicate a pause in the usual dynamics of the informal market, possibly influenced by economic uncertainty or government regulations.

However, it is crucial to stay informed and remember that rates can vary considerably depending on the region and specific local market conditions.

We recommend that you inform yourself every day with Cuban DirectoryWe are the first media outlet to publish exchange rates.

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