No brakes: this currency is approaching 360 pesos in Cuba. Informal and official rates of the dollar and the euro.

The informal rates of this currency in Cuba have been unstoppable in recent days, and its meteoric rise in the black market continues, while the official rates offered in Cuban banks remain much lower than the street value.

According to the morning monitoring of the media El Toque, recent data from the informal currency market in Cuba, the exchange rates are as follows. Today the euro (EUR) is quoted at 355.00 CUP, reflecting an increase of 2 CUP compared to the previous day.

The United States dollar (USD) maintains its value at 350.00 USD, with no recent changes. This stability may be due to a relative consistency in supply and demand within the informal currency market on the island.

Currency and informal rates in Cuba. BCC rates

For its part, the Freely Convertible Currency (MLC), used in state stores for the purchase of basic products and appliances, remains at 275.00 CUPFinally, the Canadian dollar (CAD) is trading at 221.50 CUP, without significant changes in the current session.

These figures reflect an increase of two pesos in the euro rate compared to the previous day, while the rates for the US dollar, the MLC, and the Canadian dollar remain unchanged.

The informal currency market of El Toque in Cuba is monitored by the Observatory of Currencies and Finance of Cuba (OMFi), which provides information and analysis on the behavior of the Cuban exchange market and the evolution of financial indicators in the current economic context, especially in social media buying-selling groups.

We remind you that these rates are not official and the informal market may vary due to multiple factors, including supply and demand of currencies, economic policies, and international market conditions.

How are the dollar, euro, British pound, Mexican pesos, etc., opening at the BCC?