The instability of the black market severely affects Cubans, driving up the prices of basic goods and limiting access to imported products.
On October 12, 2024, the dollar (USD) is quoted at 325 CUP, the euro (EUR) at 340 CUP, and the MLC at 265 CUP in the informal market of Cuba. These figures reflect the ongoing devaluation of the Cuban peso against foreign currencies.
The fluctuating value of currencies increases economic uncertainty, as many depend on the dollar or the euro for everyday transactions, while their income in pesos loses value quickly.
Exchange rate today 12/10/2024 – 6:29 am in Cuba:
Exchange rate of the Dollar USD to CUP according to elTOQUE: 325 CUP
Exchange rate of the Euro EUR to CUP according to elTOQUE: 340 CUP
Exchange rate of MLC to CUP according to TOQUE: 265 CUP
List of values in CUP of the available banknotes in dollars and euros:
Dollars (USD) bills:
- 1 USD = 325 CUP
- 5 USD = 1,625 CUP
- 10 USD = 3,250 CUP
- 20 USD = 6,500 CUP
- 50 USD = 16,250 CUP
- 100 USD = 32,500 CUP
Euro banknotes (EUR):
- 5 EUR = 1,700 CUP
- 10 EUR = 3,400 CUP
- 20 EUR = 6,800 CUP
- 50 EUR = 17,000 CUP
- 100 EUR = 34,000 CUP
- 200 EUR = 68,000 CUP
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