Ten pesos more than the dollar. The euro soars in the Cuban informal market. Official and unofficial currency rates in Cuba.

This Friday, April 11th, the price of the euro and the Canadian dollar soared in Cuba's informal market. The same applies to the rates of other currencies, such as the US dollar, the Canadian dollar, and the Freely Convertible Currency (FCC).MLC) and official rates, according to the island's Central Bank.

As usual, the independent media El Toque, published his morning monitoring of social networks, with the trends of the most exchanged hard currencies on the Cuban black market, such as the American and Canadian dollar, the euro of the euro zone and the MLC, widely used for currency transfers and purchases in stores of its kind.

According to this reportBoth the euro and the Canadian dollar skyrocketed in trading on the informal market today. The euro reached an exchange rate of 370 Cuban pesos, three pesos more than the previous day, and shows a clear upward trend these days.

The buying and selling price of the Canadian dollar also rose compared to Thursday, according to the morning study ofel Toque On foreign currency in Cuba. One Canadian dollar is exchanged today for 230 Cuban pesos, two pesos more than yesterday.

Let's keep in mind that Canadian tourists are the main driver of this industry on the island, which, although in decline, continues to provide good returns for the government and travel agencies. And also for informal market traders, as we can see.

Price of the dollar and the euro today in the Cuban informal market

Finally, the price of the US dollar remains stable, with an exchange rate of one US dollar to 360 Cuban pesos. The euro currently exceeds the US dollar by 10 Cuban pesos. This is how the price of the dollar and the euro behaved on the Cuban informal market this morning. 

El MLC fell in price, two notches compared to yesterday, and now costs 260 Cuban pesos. This virtual Cuban currency has been declining due to the fact that stores in MLC They are becoming cash-denominated dollar stores and, little by little, everything indicates that they will disappear.

And what about the official currency rates, according to the BCC? The Canadian dollar was at 82 Cuban pesos, the euro at 129 pesos, the US dollar at 120, and others like the Swiss franc at 139 pesos. pound sterling for just over 150 Cuban pesos.