This Sunday, February 1, the exchange rate for the US dollar remained at 485 Cuban pesos (CUP), according to the figures released by elTOQUE.
For at least the past three days, the USD has held steady. It continues to be the primary benchmark for informal transactions and remittances in Cuba, showing no fluctuation against the CUP.
Meanwhile, the euro experienced an increase, moving from 530 to 540 CUP, marking a rise of 10 pesos since the previous day.
The European currency has solidified its status as the most expensive on the Cuban parallel market, driven by its limited availability and the preference of many citizens with family ties abroad, particularly in Europe.
Additionally, the freely convertible currency (MLC) also saw an uptick, climbing from 400 to 410 CUP. Despite this modest increase, it remains a crucial measure for purchases in state-run stores.
Informal Exchange Rates in Cuba. Sunday, February 1, 2026 - 06:13
Exchange Rate for US Dollar (USD) to Cuban Pesos (CUP): 485 CUP
Exchange Rate for Euro (EUR) to Cuban Pesos (CUP): 540 CUP
Exchange Rate for Freely Convertible Currency (MLC) to Cuban Pesos (CUP): 410 CUP
Conversion Table for Dollar and Euro to Cuban Pesos:
US Dollar (USD) – 485 CUP
1 USD = 485 CUP
5 USD = 2,425 CUP
10 USD = 4,850 CUP
20 USD = 9,700 CUP
50 USD = 24,250 CUP
100 USD = 48,500 CUP
Euro (EUR) – 540 CUP
5 EUR = 2,700 CUP
10 EUR = 5,400 CUP
20 EUR = 10,800 CUP
50 EUR = 27,000 CUP
100 EUR = 54,000 CUP
200 EUR = 108,000 CUP
500 EUR = 270,000 CUP
Cuban Informal Market Exchange Rate Details
Why has the Euro become more expensive in Cuba's informal market?
The Euro's increased price is attributed to its limited circulation and the demand from Cubans with familial connections in Europe.
What role does the USD play in Cuba's informal market?
The USD serves as the main reference for informal transactions and remittances, maintaining a stable rate against the Cuban peso.
How does the MLC impact consumer purchasing in Cuba?
Though its price has slightly increased, the MLC is essential for making purchases in state-operated stores.