This Wednesday, Cuba's informal currency exchange market sees a rise in the value of the Freely Convertible Currency (MLC).
Over the past few hours, this digital monetary creation used by the Cuban regime in certain stores has increased by three pesos, now reaching 398 CUP.
Meanwhile, the U.S. dollar remains steady at 520 CUP. The American currency has held its position unchanged for four consecutive days, solidifying its level after surpassing the 515 CUP mark last week.
The euro also remains stable, maintaining the 585 CUP it achieved the day before.
Exchange Rates as of April 8, 2026
As of 8:18 a.m. in Cuba, the exchange rates reported by elTOQUE are as follows:
U.S. Dollar (USD) to Cuban Peso (CUP): 520 CUP
Euro (EUR) to Cuban Peso (CUP): 585 CUP
MLC to Cuban Peso (CUP): 398 CUP
Currency Conversion for U.S. Dollars and Euros
Here are the current conversion rates from U.S. dollars to Cuban pesos:
- 1 USD = 520 CUP
- 5 USD = 2,600 CUP
- 10 USD = 5,200 CUP
- 20 USD = 10,400 CUP
- 50 USD = 26,000 CUP
- 100 USD = 52,000 CUP
Conversion rates for Euros to Cuban pesos are as follows:
- 5 EUR = 2,925 CUP
- 10 EUR = 5,850 CUP
- 20 EUR = 11,700 CUP
- 50 EUR = 29,250 CUP
- 100 EUR = 58,500 CUP
- 200 EUR = 117,000 CUP
- 500 EUR = 292,500 CUP
Understanding Cuba's Informal Currency Market
Why has the MLC increased in value?
The rise in MLC value could be attributed to fluctuations in market demand and the Cuban regime's management of its digital currency.
How does the stability of the U.S. dollar affect the Cuban economy?
The stability of the U.S. dollar provides a consistent benchmark for trade and savings, influencing both consumer confidence and economic planning in Cuba.