Cuba informal currency market sees rise in dollar and euro

In Cuba’s informal currency market, both the US dollar and the euro have seen recent increases. As of mid-September 2026, the US dollar reached approximately 690 to 692 Cuban pesos (CUP), marking a rise from previous daily averages. The euro continues to hold a higher value than the dollar, trading at approximately 785 CUP.

Other currency movements include a decline in the value of the MLC (Moneda Libremente Convertible), which traded around 446 to 461 CUP. The Canadian dollar also saw an increase, reaching 455.34 CUP, while the Mexican peso experienced a slight decrease to 50.84 CUP. Digital payment methods like Zelle also showed upward movement, trading at approximately 691.10 CUP.

These rates reflect the parallel market and do not represent the official exchange rates set by the Central Bank of Cuba. Market values fluctuate frequently based on location, payment method, and whether transactions involve physical cash or digital transfers.