By 10:00 a.m. local time in Cuba, the informal currency exchange kicked off this Saturday, November 14, 2026, with the U.S. dollar on the move and the euro maintaining its ground.
The U.S. dollar is climbing compared to the previous day, whereas the euro remains unchanged from its last closing. The MLC rate, with limited data available this time of day, provides a speculative value that should be approached with caution.
Today, the U.S. dollar is trading at 912 Cuban pesos (CUP) in the informal market. This marks a 7-peso increase from the day before, when the average rate was 905 CUP.
Over the past week, however, the dollar has depreciated by 24.5 pesos from 937 CUP seven days ago. When viewed over the past month, the dollar has surged by 115 pesos since it was 798 CUP 30 days prior, although part of this increase might reflect changes in index methodology.
In the last 30 days, the dollar has fluctuated between a low of 798 CUP and a high of 940 CUP. The demand for dollars remains high among those looking to safeguard their savings from the devaluation of the peso.
This Saturday, the euro is stable, trading at 985 CUP, unchanged from the previous session. Over the past week, the euro has decreased by 17 pesos from 1,002 CUP a week ago.
Looking at the month, the euro has gained 93.5 pesos compared to 892 CUP from a month ago, although this figure should be interpreted with caution due to potential methodological adjustments.
In the past 30 days, the euro's range has been between a low of 892 CUP and a high of 1,010 CUP. It maintains its edge over the dollar, driven by limited supply and demand from those receiving remittances from Europe.
The MLC stands at approximately 549 CUP, a speculative value due to the limited volume of data available at this time of day.
Data from the previous session showed a reference rate of 436 CUP, reflecting a 113-peso difference, though this variation should be interpreted with caution given the limited sample of transactions. It was around 660 CUP a week ago and 639 CUP 30 days ago.
Without physical existence, its use is limited to state-run stores that accept it, restricting its circulation compared to cash currencies.
Exchange rates on November 14, 2026, show 1 USD equals 913 CUP, 1 EUR equals 985 CUP, and the MLC is approximately 549 CUP, although this is based on limited data. The official exchange rate from Cuba's Central Bank (Segment III) remains significantly lower, at 832 CUP per dollar and 920 CUP per euro, compared to real-world practices in the informal market.
Although Segment III was introduced as a more flexible exchange mechanism, its official rates remain far from the informal market rates and fail to meet the real demand for foreign currency among the population.
For the dollar, the gap between the official price (832 CUP) and the informal rate (913 CUP) exceeds 80 pesos; for the euro, the difference between the official 920 CUP and the 985 CUP in the parallel market is about 65 pesos.
Amid ongoing inflation, low state salaries, and increasing partial dollarization, each change in the informal market directly impacts domestic prices and Cubans' purchasing power.
The CiberCuba Exchange Rate is an index of Cuba's informal market derived from automated analysis of thousands of currency trading posts in Telegram and Facebook groups. The calculation excludes atypical offers and spam, weighs each transaction by its recency, and consolidates a representative value updated several times a day.
U.S. Dollar (USD) to Cuban Peso (CUP) exchange rates for Saturday, November 14, 2026:
- 1 USD = 913 CUP
- 5 USD = 4,565 CUP
- 10 USD = 9,130 CUP
- 20 USD = 18,260 CUP
- 50 USD = 45,650 CUP
- 100 USD = 91,300 CUP
Euro (EUR) to Cuban Peso (CUP) exchange rates for Saturday, November 14, 2026:
- 1 EUR = 985 CUP
- 5 EUR = 4,925 CUP
- 10 EUR = 9,850 CUP
- 20 EUR = 19,700 CUP
- 50 EUR = 49,250 CUP
- 100 EUR = 98,500 CUP
- 200 EUR = 197,000 CUP
Understanding Cuba's Informal Currency Market
Why is the informal market rate higher than the official rate in Cuba?
The informal market rate is higher due to high demand for foreign currency, which the official rate does not meet, coupled with inflation and the partial dollarization of the economy.
How often do exchange rates change in Cuba's informal market?
Exchange rates in Cuba's informal market can fluctuate several times a day, as they are influenced by various factors including supply and demand dynamics and economic conditions.
What is the role of the CiberCuba Exchange Rate index?
The CiberCuba Exchange Rate index provides a representative value of the informal market by analyzing numerous currency transactions across social media platforms, helping people understand the real exchange rates.