The informal currency market in Cuba has recently observed a drop in the value of the Freely Convertible Currency (MLC).
As of 6:00 a.m. (local time) on January 23, the MLC is averaging a selling price of 408 CUP, marking a decrease of seven units from the 415 CUP reached by the Freely Convertible Currency the previous day.
Meanwhile, the US dollar has maintained its standing at 490 CUP since Tuesday of this week, marking its fourth consecutive day of stability, as reported by the independent outlet elTOQUE this Friday.
Similarly, the euro remains unchanged, trading again at 530 CUP, a value it achieved yesterday.
Exchange Rates on 01/23/2026 - 6:58 a.m. in Cuba:
US Dollar (USD) to Cuban Peso (CUP) exchange rate according to elTOQUE: 490 CUP.
Euro (EUR) to Cuban Peso (CUP) exchange rate according to elTOQUE: 530 CUP.
MLC to Cuban Peso (CUP) exchange rate according to elTOQUE: 408 CUP.
Conversion of US Dollar (USD) bills to Cuban Peso (CUP) based on the January 23 exchange rates:
1 USD = 490 CUP.
5 USD = 2,450 CUP.
10 USD = 4,900 CUP.
20 USD = 9,800 CUP.
50 USD = 24,500 CUP.
100 USD = 49,000 CUP.
Conversion of Euro (EUR) bills to Cuban Peso (CUP):
1 EUR = 530 CUP.
5 EUR = 2,650 CUP.
10 EUR = 5,300 CUP.
20 EUR = 10,600 CUP.
50 EUR = 26,500 CUP.
100 EUR = 53,000 CUP.
200 EUR = 106,000 CUP.
Understanding Cuba's Currency Situation
What is the current exchange rate for the US dollar in Cuba?
As of January 23, the exchange rate for the US dollar is 490 CUP.
How much has the MLC value decreased recently?
The MLC value has decreased by seven units, from 415 CUP to 408 CUP.
Is the euro exchange rate stable in Cuba?
Yes, the euro exchange rate remains stable at 530 CUP.