With the New dollar record Still fresh, the informal currency market in Cuba has continued moving in the last hours. And the euro and the MLC have been protagonists again.
The European currency has not expected much to take 50 pesos (CUP) from the American The touch.
In this way it maintains its progressive ascent of recent months, as opposed to the MLC, which now fell to 205 CUP and is dangerously approaching the barrier of 200 pesos.
It is its lowest value of the year so far, although presumably will continue to decline in the face of the dollarization process promoted by the Cuban authorities and the growing shortage of stores in the electronic currency.
For its part, the dollar was still installed in the 400 pesos, value that reached yesterday during the day, according to the rate of The touchcalculated from the purchase and sale offers on digital platforms.
Good morning, this is the update of Currency Informal Market Rates in Cuba for 08/12/2025
Image 1. Representative rate of the informal market (Eltoque)
EUR: 450.00 CUP | 2.20 mlc | 1.13 USD
USD: 400.00 Cup | 1.95 mlc
MLC: 205.00 Cup | 0.51 USDImage 2. Rate … pic.twitter.com/lw3vmvj8de
– The touch (@eltoquecom) August 12, 2025
Although the dollar is the reference currency in the Cuban informal market, for having a regularly greater demand and also a greater supply on the platforms and digital channels where currencies are quoted, the euro has been the main protagonist in recent months.
Although at times both currencies were matched on these platforms, normally the euro is quoted at a higher value. This difference has been progressively increasing, and if five or ten pesos are quoted above, there are already 50 cup of difference in favor of the euro.
Its current value is not only the highest of the year, but also the major achieved by that currency outside the official rate. More than a year ago, at a time when he experienced increased increases and falls next to the dollar, he had already exceeded 400 pesos, but did not reach up to 450.
In this scenario, coinciding others with the dollarization process and the acute economic crisis on the island, the euro – like the dollar – apparently maintain its upward trend, waiting for the entry into force of the new exchange regime already confirmed by the government or other measures or situations that could influence the behavior of the informal market.
