Variations in the market
The Freely Convertible Currency (MLC) has fallen by 3 Cuban pesos, standing at $275.00 CUP. This decline follows a slight depreciation trend observed in recent days.
The MLC, used in Cuban government-run specialty stores, had shown some stability but now appears to be under pressure in the informal market.
In contrast, the price of the US dollar remains stable at $320.00 CUP, as does the euro, which remains at $330.00 CUP. These currencies have shown stability over the past few days, marking a pause in the volatility that characterizes the market.
Context and calculation of exchange rates
The informal foreign exchange market in Cuba is highly dynamic and reflects a great disparity in exchange rates depending on the region. The rates offered by Toque are calculated based on the collection of data on currency purchase and sale transactions in different parts of the country.
It is important to note that these rates are indicative and may not exactly match rates elsewhere due to factors such as the urgency of the transaction, local economic conditions, and currency availability.
Exchange rates today
- Euros (EUR): 1 EUR = 330 CUP (unchanged)
- United States Dollar (USD): 1 USD = 320 CUP (unchanged)
- Freely Convertible Currency (MLC): 1 MLC = 275 CUP (decreased 3 pesos)
Conversion of dollars and euros to MLC
- 1 EUR = 1.20 MLC
- 1 USD = 1.16 MLC
Some useful equivalences in CUP
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
It is essential to follow the daily updates on exchange rates in Cuba, we are the first media to publish them every day.
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