This is the price of the dollar today in Cuba: Exchange rates on the Cuban informal market

This Saturday, May 25th, brings significant movements to the informal foreign exchange market in Cuba. Although the price of the euro and the US dollar remains stable compared to the previous day, other currencies are showing slight fluctuations that could herald new trends.

The reference value on the street, calculated by El Toque Based on multiple announcements on social media, it reflects a tense economic context marked by uncertainty.

The dollar stabilizes, but Zelle rises

The US dollar is trading today at 370 CUP, unchanged in the last 24 hours. The euro remains firm at 390 CUP, remaining the strongest currency in the Cuban informal market. The Freely Convertible Currency (MLC), for its part, continues at 260 CUP, a level that has not changed for several days.

Where there were movements was in the Zelle, which increased by 7 pesos to 375 CUP, a figure that once again places it above the physical dollar, reinforcing its value as the preferred means of transfers from abroad. This increase may be linked to increased demand in the run-up to the end of the month and the proximity of events such as Father's Day in June, dates when remittances typically increase.

On the other hand, the Canadian dollar fell 5 pesos and stands today at 235 CUP, reflecting a drop in demand or greater availability on the island. The Mexican peso rose 1 peso to 19.50 CUP, which may be influenced by recent migration crossings and the approaching deadline for humanitarian parole for many Cubans temporarily residing in Mexico.

Current context and its impact

This behavior of the currencies occurs in the middle of a week marked by news that has generated concern.cupation on the island. The United States government maintains its immigration enforcement policy, and humanitarian parole revocations continue, especially for those who entered through CBP One. This situation has affected the expectations of many Cubans who were planning to travel or receive financial aid from abroad, indirectly affecting the availability and demand for foreign currency.

Domestically, there have been no relevant economic announcements in the last 48 hours, but the persistent shortage of food and basic products continues to push the need for foreign currency to buy in the informal market or access stores in MLC.

Equivalents today in Cuban pesos

1 USD = 370 CUP
1 USD = 370 CUP
10 USD = 3,700 CUP
20 USD = 7,400 CUP
30 USD = 11,100 CUP
50 USD = 18,500 CUP
100 USD = 37,000 CUP.

1 EUR = 390 CUP
1 EUR = 390 CUP
10 EUR = 3,900 CUP
20 EUR = 7,800 CUP
30 EUR = 11,700 CUP
50 EUR = 19,500 CUP
100 EUR = 39,000 CUP.

MLC = 260 CUP
1 MLC = 260 CUP
10 MLC = 2,600 CUP
20 MLC = 5,200 CUP
30 MLC = 7,800 CUP
50 MLC = 13,000 CUP
100 MLC = 26,000 CUP.

CAD = 235 CUP
CAD 1 = 235 CUP
CAD 10 = 2,350 CUP
CAD 20 = 4,700 CUP
CAD 30 = 7,050 CUP
CAD 50 = 11,750 CUP
CAD 100 = 23,500 CUP.

MXN = 19.50 CUP
1 MXN = 19.50 CUP
10 MXN = 195 CUP
20 MXN = 390 CUP
30 MXN = 585 CUP
50 MXN = 975 CUP
100 MXN = 1,950 CUP.

Zelle = 375 CUP
1 Zelle = 375 CUP
10 Zelle = 3,750 CUP
20 Zelle = 7,500 CUP
30 Zelle = 11,250 CUP
50 Zelle = 18,750 CUP
100 Zelle = 37,500 CUP.

For millions of Cubans who depend on remittances, these rates represent much more than numbers. They mark the difference between being able to afford basic foodstuffs or not.

The average wage in Cuba is currently 5,839 Cuban pesos. This is equivalent to just 15.78 USD or 14.97 EUR at the current informal exchange rate, highlighting the gap between income and real prices.