In a notable shift, the Cuban informal market has once again seen changes. Following a record high of 430 CUP per euro during the previous day, the European currency has slightly decreased to 427 CUP this Tuesday. Meanwhile, the values of the US dollar and the Freely Convertible Currency (MLC) have remained stable compared to the previous day. The US dollar is still valued at 385 CUP, while the MLC holds steady at 230 CUP.
Current exchange rates as of 7:32 a.m. on July 15, 2025, in Cuba are as follows: The USD to CUP exchange rate according to elTOQUE is 385 CUP. The EUR to CUP rate is 427 CUP, and the MLC to CUP stands at 230 CUP.
The following is the equivalence of US Dollar (USD) bills to Cuban Peso (CUP) based on today's exchange rates: 1 USD = 385 CUP. 5 USD = 1,925 CUP. 10 USD = 3,850 CUP. 20 USD = 7,700 CUP. 50 USD = 19,250 CUP. 100 USD = 38,500 CUP.
Similarly, here are the Euro (EUR) to Cuban Peso (CUP) conversions: 1 EUR = 427 CUP. 5 EUR = 2,135 CUP. 10 EUR = 4,270 CUP. 20 EUR = 8,540 CUP. 50 EUR = 21,350 CUP. 100 EUR = 42,700 CUP. 200 EUR = 85,400 CUP. 500 EUR = 213,500 CUP.
Understanding Currency Fluctuations in Cuba's Informal Market
Why did the euro's value decrease in the Cuban informal market?
The euro's value decreased due to fluctuations in demand and supply within the informal market, potentially influenced by external economic factors and local market dynamics.
How stable are the US dollar and MLC in the Cuban market?
Currently, both the US dollar and MLC have shown stability, maintaining the same exchange rates as the previous day, reflecting a steady demand and supply for these currencies.