Significant increase in exchange rates in Cuba today: the euro is now close to 400 Cuban pesos and the dollar is also rising.

Cuba's informal currency market is experiencing a significant rise in major foreign currencies amid an unprecedented economic crisis marked by shortages of basic goods, prolonged blackouts, and rampant inflation that continues to erode the purchasing power of average Cubans.

The euro has reached 397 Cuban pesos (CUP) in the informal market, with an increase of 2 pesos compared to the previous day.

The US dollar (USD), for its part, rises 1 peso and stands at 374 CUPThese figures reflect a sustained rise in the price of foreign currency, driven by both growing demand and the structural shortage of freely convertible currency.

The Freely Convertible Currency (MLC), which had remained stable in recent days, remains at 260 CUP, with no changes on this day.

The Canadian dollar (CAD) also remains unchanged in 240 CUP, while the use of Zelle, increasingly common as a means of sending remittances and payments from abroad, shows a sharp rise to 375 CUP, with an increase of 9 pesos.

This scenario coincides with growing rumors of an upcoming price adjustment in the state sector—especially in transportation and basic services—and with the increase in informal economic repression, including confiscations and sanctions against resellers and frequent users of foreign currency without banking services.

The climate of uncertainty has led many Cubans to try to protect their savings by buying dollars or euros, further pushing up their value.

Regarding the international market, although the US dollar has shown some weakness against the euro in recent trading sessions, this trend has not translated into relief for the Cuban market.

On the contrary, the lack of local supply and obstacles to banking access to foreign currency have exacerbated dependence on the black market.

ElToque exchange rate

These are the current conversions for the most common reference values:

1 EUR = 397 CUP
10 EUR = 3,970 CUP
20 EUR = 7,940 CUP
30 EUR = 11,910 CUP
50 EUR = 19,850 CUP
100 EUR = 39,700 CUP

1 USD = 374 CUP
10 USD = 3,740 CUP
20 USD = 7,480 CUP
30 USD = 11,220 CUP
50 USD = 18,700 CUP
100 USD = 37,400 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 1 = 240 CUP
CAD 10 = 2,400 CUP
CAD 20 = 4,800 CUP
CAD 30 = 7,200 CUP
CAD 50 = 12,000 CUP
CAD 100 = 24,000 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

With the average salary in Cuba located at 5,839 CUP According to the latest update from the National Office of Statistics and Information (ONEI), buying just 15 euros or 16 dollars on the informal market consumes the average income for an entire month, leaving most workers and retirees without real access to hard currency.