By 8:00 PM local time in Cuba, the informal currency market wrapped up on Sunday, September 13, 2026, with both the U.S. dollar and the euro climbing higher compared to the previous day. The U.S. dollar ended the day at 694 Cuban pesos, while the euro reached 791 pesos. The MLC hovered around 479 pesos, although this figure should be viewed as an estimate due to the low volume of transactions during this time frame.
Today's results confirm a persistent upward trend for the two main currencies in Cuba's informal market, showing increases not only from the day before but also when compared to a week and a month ago.
U.S. Dollar Trends
The U.S. dollar closed Sunday trading at 694 Cuban pesos (CUP). This marks a 1 peso increase from the previous day, when it closed at 693 CUP. Over the past week, the American currency has risen by 11 pesos from 683 CUP, equating to a 1.6% increase. Compared to 30 days ago, when it was approximately 664 pesos, the gain is nearly 30 pesos, though it's worth noting that this comparison may partly reflect methodological adjustments to the index. In the last month, the dollar has fluctuated between a low of 663 and a high of 694 CUP, recorded today. It continues to dominate the pulse of the informal market amidst a structural shortage of foreign currency.
Euro Movement
The euro concluded the day at 791 CUP, advancing by 3 pesos from the previous session's 788 CUP. Over the past week, the European currency has increased by 15.5 pesos from 775 CUP, a 2% rise. When compared to a month ago, when it was around 760 pesos, the gain is about 30.5 pesos, although this monthly reference should be considered cautiously due to possible methodological adjustments. In the last 30 days, the euro has ranged from a high of 792 CUP to a low of 746 CUP. It outpaces the dollar by 97 pesos, solidifying its dominant position in Cuba's parallel market.
MLC Overview
The MLC concluded Sunday around 479 CUP, though this figure should be considered approximate due to the low transaction volume. This represents an 18.5 peso increase from the previous day's 460 CUP and a 63.5 peso rise from 415 CUP a week ago. Over the past 30 days, it has ranged from a low of 408 to a high of 529 CUP. With no physical existence, its use is confined to state-run stores that accept it, limiting its circulation compared to cash currencies.
Exchange Rate Summary as of September 13, 2026
USD to CUP exchange rate: 694 CUP.
EUR to CUP exchange rate: 791 CUP.
MLC to CUP exchange rate: 479 CUP (approximate value, limited data).
The official exchange rate from the Central Bank of Cuba (Segment III) stands at 655 CUP per dollar and 760 CUP per euro, remaining far below the practical values in the informal currency market.
Despite Segment III being introduced as a more flexible exchange mechanism, its official rate continues to lag significantly behind the informal market, failing to meet the real demand for foreign currency among the population. The gap between the two markets is currently 39 pesos for the dollar and 31 pesos for the euro.
In a setting of sustained inflation, low state wages, and increasing partial dollarization of the economy, every fluctuation in the informal market directly influences internal prices and the purchasing power of Cubans.
The CiberCuba Exchange Rate is an index of Cuba's informal market, based on automated analysis of thousands of currency trade postings in Telegram and Facebook groups. The calculation excludes atypical offers and spam messages, weighs each transaction according to its age, and consolidates a representative value updated multiple times a day.
Currency Conversion Examples
USD to CUP conversions as of Sunday, September 13, 2026:
1 USD = 694 CUP
5 USD = 3,468 CUP
10 USD = 6,935 CUP
20 USD = 13,870 CUP
50 USD = 34,675 CUP
100 USD = 69,350 CUP
EUR to CUP conversions as of Sunday, September 13, 2026:
1 EUR = 791 CUP
5 EUR = 3,953 CUP
10 EUR = 7,905 CUP
20 EUR = 15,810 CUP
50 EUR = 39,525 CUP
100 EUR = 79,050 CUP
200 EUR = 158,100 CUP
Insights on Cuba's Informal Currency Market
Why is the informal currency market in Cuba different from the official rate?
The informal currency market in Cuba often reflects the actual demand and supply dynamics, whereas the official rate set by the Central Bank may not accommodate real-time economic conditions or the high demand for foreign currency.
How does the fluctuation in the informal market impact Cubans?
Fluctuations in the informal market can significantly affect internal prices and the purchasing power of Cubans, especially in an environment with rising inflation and low state wages.
What is the role of the CiberCuba Exchange Rate?
The CiberCuba Exchange Rate provides a more accurate reflection of the informal market by analyzing currency trade postings on social media, adjusting for anomalies, and updating rates several times a day.