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[BUSINESS] · Cuba · 3 sources

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Cuba informal currency market sees stable dollar and declining euro

In Cuba's informal currency market, the US dollar remained stable while the euro experienced a decline during recent trading sessions. The US dollar held steady at 663 Cuban pesos (CUP), showing no change from the previous day. Over the past week, the dollar has seen a minor decrease of approximately 0.4%.

The euro saw a downward trend, closing at 750 Cuban pesos. This represents a decrease from the previous session's rate of 757 pesos and a weekly decline of 10 pesos. Within the last 30 days, the euro has fluctuated between a high of 790 CUP and its current low of 750 CUP.

Additionally, the MLC (Freely Convertible Currency) was recorded at an indicative value of approximately 471 pesos, though transaction volumes for this digital currency remain low, making the rate less certain.