On Tuesday, October 20th, both the US dollar and the euro experienced an uptick in Cuba's informal currency market, reaching 818 and 908 Cuban pesos (CUP), respectively. This information comes from the reference values provided by La Tasa de Cambio de CiberCuba as of 8:00 p.m. local time.
The upward trajectory of these two currencies continues, marking the highest levels seen in the past 30 days. In contrast, the Freely Convertible Currency (MLC) saw a slight decline, though limited data suggests caution should be exercised when interpreting its value.
Dollar and Euro Performance
This Tuesday, the dollar closed at 818 CUP, increasing by five pesos compared to the previous day's 813 CUP. Over the past week, the US dollar has risen by 25 pesos from 793 CUP, reflecting a 3.2% increase.
The euro, meanwhile, gained three pesos, reaching 908 CUP. This marks a three-peso increase from Monday's 905 CUP. Over the last week, the euro has appreciated by 20 pesos, an equivalent of 2.3%, maintaining its status as the most expensive currency among the primary references in the informal market, with a 90-peso difference compared to the dollar.
MLC's Market Position
The MLC is currently valued around 587 CUP, dropping six pesos from Monday's 593 CUP. Despite this setback, it has increased by 37 pesos over the past week. Due to the scarcity of available data, this valuation should be considered indicative.
Current Exchange Rates in Cuba
As of October 20, 2026, the exchange rates stand as follows:
- USD to CUP: 818 CUP
- EUR to CUP: 908 CUP
- MLC to CUP: 587 CUP (indicative value)
The informal market rates exceed the Segment III reference rates from the Central Bank of Cuba, which are set at 725 CUP per dollar and 812.51 CUP per euro. The disparities amount to 93 CUP for the dollar and approximately 95.5 CUP for the euro.
Impact on Cuban Economy
For Cubans earning wages and pensions in pesos, the persistent rise in foreign currency prices further complicates the acquisition of dollars and euros, which are essential for travel, imports, savings, and various private sector operations.
La Tasa de Cambio de CiberCuba serves as a benchmark index created through automated analysis of currency trading posts on Telegram and Facebook groups. These values are periodically updated and may differ from the final transaction prices.
Currency Conversion
The following are the currency conversions based on the exchange rates as of this Tuesday, October 20, 2026:
US Dollar (USD) to Cuban Peso (CUP):
- 1 USD = 818 CUP
- 5 USD = 4,090 CUP
- 10 USD = 8,180 CUP
- 20 USD = 16,360 CUP
- 50 USD = 40,900 CUP
- 100 USD = 81,800 CUP
Euro (EUR) to Cuban Peso (CUP):
- 1 EUR = 908 CUP
- 5 EUR = 4,540 CUP
- 10 EUR = 9,080 CUP
- 20 EUR = 18,160 CUP
- 50 EUR = 45,400 CUP
- 100 EUR = 90,800 CUP
- 200 EUR = 181,600 CUP
Cuban Currency Exchange Market Insights
Why are the US dollar and euro increasing in Cuba's informal market?
The rise in the US dollar and euro is largely due to economic instability and high demand for these currencies for purposes such as travel and imports.
How does the increase in currency prices affect Cuban citizens?
Higher currency prices make it more difficult for Cubans to purchase foreign currencies, impacting their ability to travel, import goods, save, and conduct private business operations.
What is La Tasa de Cambio de CiberCuba?
La Tasa de Cambio de CiberCuba is a reference index created through automated analysis of currency trading posts on social media platforms, providing periodically updated exchange rates.