Cuban Informal Currency Quotes: How They’re Priced

The informal currency market in Cuba opened this Saturday without changes.

At 10:00 am (Cuban local time), andThe US dollar remains at its record value of 500 CUP for the fifth consecutive dayreached on Tuesday.

The European currency, for its part, remains at 560 CUP.

In the case of the Freely Convertible Currency (MLC), preserves the 403 CUP of the previous day, as revealed by the index of representative rates of the informal market (TRMi), published daily by the independent media and then

Evolution of the exchange rate

Exchange rate today 02/14/2026 – 10:39 am in Cuba:

Dollar exchange rate USD a CUP according to and then: 500 CUP.

Euro exchange rate EUR a CUP according to and then: 560 CUP.

Exchange rate of MLC and CUP according to and then: 403 CUP.

According to the Cuban Currency and Finance Observatory (OMFi), the market behavior in the first weeks of the year has been relatively stable, despite the adverse macroeconomic environment.

According to OMFi, despite a sustained increase in the dollar and the euro, a sudden explosion in demand has not been observed.

In recent days, OMFi pointed to a “strange calm” in the informal market, motivated by a combination of factors: the contraction of tourism – a key source of foreign currency – the paralysis of production, the reduction of international flights and the logistical difficulties of MSMEs in importing.

Energy shock: Inflationary catalyst

The energy crisis, aggravated by the interruption of fuel shipments from Venezuela and Mexico, has had a multiplier effect on the economy.

With production semi-paralyzed, transportation collapsed and increasing difficulty in importing goods, the market has contracted.

“The consequences are felt throughout the economy: interruptions in production, collapse of transportation, logistical difficulties for imports and a deepening of the shortage of basic goods,” detailed e.10 in an article published this week.

In this scenario, the lower supply acts as a powerful inflationary impulse. The rise in prices of basic products and the erosion of purchasing power in CUP feed a vicious circle where the relative demand for foreign currency is sustained, even in the midst of apparent lethargy.

Social impact: More inequality and precariousness

The depreciation of the peso and the consequent inflation have a direct impact on Cuban households. Sectors that depend on income in CUP see their purchasing power reduce dramatically.

At the same time, those who receive remittances in foreign currency maintain differentiated access to essential goods, which deepens social gaps.

Equivalence of banknotes from United States Dollar (USD) to Cuban Peso (CUP)according to the exchange rates of this February 14:

1 USD = 500 CUP.

5 USD = 2,500 CUP.

10 USD = 5,000 CUP.

20 USD = 10,000 CUP.

50 USD = 25,000 CUP.

100 USD = 50.000 CUP.

Equivalence of banknotes from Euros (EUR) to Cuban Peso (CUP):

1 EUR = 560 CUP.

5 EUR = 2,800 CUP.

10 EUR = 5,600 CUP.

20 EUR = 11,200 CUP.

50 EUR = 28,000 CUP.

100 EUR = 56,000 CUP.

200 EUR = 112,000 CUP.

500 EUR = 280,000 CUP.