"Dollar price in Cuba keeps rising: This is how the exchange rates in the informal market are today"

The price of the dollar in the Cuban informal market rises again against the Cuban peso, according to reports. The US currency has continued to rise over the past week, just as the government is also talking about taking initiatives to regain control of the foreign exchange market on the island.

On the other hand, the euro also shows signs of pressure, and the Canadian dollar experiences another slight increase. The MLC remains anchored at the value of recent days.

The dollar keeps rising and uncertainty persists

The rise of the dollar consolidates for the third consecutive day. Although the variations seem small, they reflect a trend that worries those who depend on this market to acquire foreign currency. The lack of official supply and the growing demand push the values upward.

The Cuban peso continues to weaken against all strong currencies, while domestic inflation and low wages make it more difficult to access foreign currency in the informal market.

Exchange rates today in the Cuban informal market

• U.S. dollar (USD): 353 CUP
• Euro (EUR): 358 CUP
• freely convertible currency (FCC): 275 CUP
• Canadian dollar (CAD): 224 CUP

Equivalences in Cuban pesos according to the amount of foreign currency

U.S. dollar (USD)
1 USD = 353 CUP
5 USD = 1.765 CUP
10 USD = 3,530 CUP
20 USD = 7,060 CUP
30 USD = 10,590 CUP
50 USD = 17,650 CUP
100 USD = 35,300 CUP

Euro (EUR)
1 EUR = 358 CUP
5 EUR = 1,790 CUP
10 EUR = 3,580 CUP
20 EUR = 7,160 CUP
30 EUR = 10,740 CUP
50 EUR = 17,900 CUP
100 EUR = 35,800 CUP

MLC
1 MLC = 275 CUP
5 MLC = 1,375 CUP
10 MLC = 2,750 CUP
20 MLC = 5,500 CUP
30 MLC = 8,250 CUP
50 MLC = 13,750 CUP
100 MLC = 27,500 CUP

Canadian dollar (CAD)
1 CAD = 224 CUP
5 CAD = 1.120 CUP
10 CAD = 2,240 CUP
20 CAD = 4,480 CUP
30 CAD = 6,720 CUP
50 CAD = 11,200 CUP
100 CAD = 22,400 CUP.