The euro reaches 400 Cuban pesos and the dollar continues to rise, and the announced government intervention in the Cuban foreign exchange market does not come.

Significant increases in the price of the dollar and euro in Cuba today. The European currency reaches 400 Cuban pesos, while the dollar follows suit and registers a new increase.

The informal foreign exchange market rates in Cuba confirmed a new and significant increase this Saturday. euro reaches 400 Cuban pesos, a symbolic milestone that marks a milestone amidst national economic instability.

The US dollar, for its part, also rises and stands at 375 CUP, consolidating an upward trend that has been on the rise for days.

The rise in both currencies is the best expression of the constant pressure on the Cuban peso, in a domestic context marked by shortages, inflation, and fear of new restrictions for emigrants.

Just this week, the official announcement about the new mandatory electronic visa for traveling to Cuba from abroad starting July 1st has generated concern.cupaction and a race to acquire foreign currency before prices rise further.

Increases in the last 24 hours

In just 24 hours, the euro has risen 3 pesos and the dollar 1 weight, which shows that demand not only remains strong, but continues to grow.

The Canadian dollar also rises to 245 CUP (subject 5 pesos), While the MLC remains stable at 260 CUPThe value of Zelle, which remains the same as that of the physical dollar, 375 CUP, appears to have stabilized after several days of fluctuations.

Meanwhile, the average salary in Cuba — officially updated by ONEI to 5,839 CUP monthly— continues to lose purchasing power against these currencies. Today, a single euro already exceeds 6,8% of the average monthly income on the island.

Today's rates confirm that both the euro and the dollar have broken through their previous psychological ceilings and threaten to continue rising in the coming days unless there is a significant change in supply or the economic outlook.

Below are the updated conversions to Cuban pesos:

1 EUR = 400 CUP
5 EUR = 2,000 CUP
10 EUR = 4,000 CUP
20 EUR = 8,000 CUP
30 EUR = 12,000 CUP
50 EUR = 20,000 CUP
100 EUR = 40,000 CUP

USD = 375 CUP
5 USD = 1,875 CUP
10 USD = 3,750 CUP
20 USD = 7,500 CUP
30 USD = 11,250 CUP
50 USD = 18,750 CUP
100 USD = 37,500 CUP

1 MLC = 260 CUP
5 MLC = 1,300 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 = 245 CUP
CAD 5 = 1,225 CUP
CAD 10 = 2,450 CUP
CAD 20 = 4,900 CUP
CAD 30 = 7,350 CUP
CAD 50 = 12,250 CUP
CAD 100 = 24,500 CUP

1 ZELLE = 375 CUP
5 ZELLE = 1,875 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.