In recent hours, the exchange rates for foreign currencies in Cuba have remained stable, as reported by the independent outlet elTOQUE. As of 10:00 a.m. local time, the U.S. dollar is still valued at 376 CUP, the same rate it reached on Tuesday. Nonetheless, the median value suggests that in some areas, the selling rate could be around 378 CUP for the second consecutive day. It remains to be seen if this rate will solidify in the coming hours or days.
Meanwhile, the euro has stabilized at 410 CUP after a series of increases that saw four record highs within a few days. This rate was achieved yesterday following a five CUP decrease. As for Cuba's virtual currency, the Moneda Libremente Convertible (MLC), it remains unchanged today, June 18, at 260 CUP.
Current Exchange Rates on June 18, 2025 - 10:20 a.m. in Cuba
The following exchange rates have been provided by elTOQUE:
- U.S. Dollar (USD) to Cuban Peso (CUP): 376 CUP
- Euro (EUR) to Cuban Peso (CUP): 410 CUP
- Moneda Libremente Convertible (MLC) to Cuban Peso (CUP): 260 CUP
Conversion examples for the U.S. Dollar (USD) to Cuban Peso (CUP) at today's rates are as follows:
- 1 USD = 376 CUP
- 5 USD = 1,880 CUP
- 10 USD = 3,760 CUP
- 20 USD = 7,520 CUP
- 50 USD = 18,800 CUP
- 100 USD = 37,600 CUP
For the Euro (EUR) to Cuban Peso (CUP):
- 1 EUR = 410 CUP
- 5 EUR = 2,050 CUP
- 10 EUR = 4,100 CUP
- 20 EUR = 8,200 CUP
- 50 EUR = 20,500 CUP
- 100 EUR = 41,000 CUP
- 200 EUR = 82,000 CUP
- 500 EUR = 205,000 CUP
Outlook for the Remainder of June
Recently, an article by elTOQUE, based on an analysis by the Cuban Observatory of Currencies and Finance (OMFi), suggested that the currency market could become "more volatile and unstable" for the rest of June compared to previous months, and this prediction is proving accurate.
The OMFi noted that May was characterized by an excess of supply, and they predict that June might see an excess of demand, potentially driving up currency valuations. According to OMFi's forecasting models, the expected exchange rates for June 30, 2025, are:
- For the U.S. dollar (USD), a central value of 385 CUP is projected, with a maximum of 408 and a minimum of 365.
- For the euro (EUR), the estimated central value is 406 CUP, with a high of 421 and a low of 385.
- Finally, for the Moneda Libremente Convertible (MLC), the forecast indicates a central value of 274 CUP, with a peak of 284 and a low of 260.
Frequently Asked Questions about Cuba's Currency Market
What is the current exchange rate for the U.S. dollar in Cuba?
As of June 18, 2025, the U.S. dollar is valued at 376 CUP, according to elTOQUE.
How has the euro performed recently in the Cuban market?
The euro has stabilized at 410 CUP after experiencing significant increases, reaching four record highs in a short time.
What are the projected exchange rates for the end of June 2025?
Forecasts suggest the USD could reach 385 CUP, the euro 406 CUP, and the MLC 274 CUP by June 30, 2025.