This is the dollar and euro exchange rate at the beginning of this week in Cuba

The week of the last days of May and the first of June begins, amid an economic crisis in Cuba that does not seem to improve as the months go by. Inflation remains high, and this is reflected in the exchange market, especially in the informal or "black" market, as it is called. This is how the exchange rates for the dollar, euro, and other currencies woke up on the island.

According to the study published daily by the independent media outlet El Toque, the most important currencies remain stable at the beginning of this week of May 29. The euro from the European Schengen zone remains the most expensive in the "black market" at an exchange rate of one euro bill for 200 Cuban pesos. So far, it is the only currency that has reached that barrier, although the American dollar is approaching it.

How is the exchange rate of the American dollar in Cuba? The dollar is being sold and bought in Cuba at an average of 195 Cuban pesos on the street. The dollar was on the rise last week and it was thought it would soon reach the 200 pesos like the euro, but it has remained at 195 for the moment. This does not mean that in some provinces it has reached 200, remember that this is just an average.

• View Exchange Rates in Cuba in Real Time

DOLLAR AND EURO EXCHANGE IN CUBA AT BANKS 

How is the so-called Freely Convertible Currency (MLC) doing on the street? According to El Toque, the MLC is at 182 pesos, rising a lot in recent days. The MLC has also been unstable.

At the national level, in the Central Bank of Cuba (BCC), the change of dólar americano it remains at 120 pesos, with the respective tax on this North American currency. Meanwhile the euro from the Schengen area, dawns this week in 128 Cuban pesos, a very significant distance compared to how it is sold on the street.

The currency that pays best in the Cuban banks As usual, the British pound sterling is today at 148 Cuban pesos. Meanwhile, the Canadian dollar is at 88 Cuban pesos.