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September 20, 2025
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The MLC rises again in the informal market, with the dollar fluctuating and the euro in its historical ceilings

Informal currency market: the MLC is surprised and rises of value

He Informal currency market It continues to move on the island, with the MLC reversing the fall that suffered weeks ago, the value of the dollar fluctuating and the euro installed in its historical stop.

The electronic currency, after falling below 200 pesos (CUP) A month agohe has climbed over that barrier. In the last hours its value has increased and on the morning of this Friday it was already in the 210 CUP, according to the independent medium The touch.

Its recovery of 20 pesos in less than a month no longer seems like a temporary fluctuation, although it is still a surprise in the current socioeconomic scenario of the island.

The currency that does show signs of fluctuation is the dollar, although its trend is still upwards. At dawn on Friday, 420 Cup was quoted again, after a slight climb above that value yesterday.

Meanwhile, the euro is quoted at 480 Cup, its historical maximum in the Cuban informal market, the top to which had arrived this Thursdayaccording to the rate of The touchcalculated from the purchase and sale offers on digital platforms.

Recovering land

With the stores in MLC losing ground to the new dollarized establishments, as part of the government’s commitment for an increasingly wide dollarization in Cuba, the MLC had been losing ground in front of foreign currencies throughout 2025.

However, throughout the year he has experienced fluctuations and even a surprising rebound in February. Then its value was driven by the momentary reactivation of the offer of some products in the stores in that currency, such as cigarettes, and the demand arose to buy those products and their resale in the informal market.

In that context, it jumped from 240 CUP – which was its lowest value in months – up to 285 CUP in just a few weeks. However, then he suddenly stopped and little by little he began to retreat, in a progressive downward trend that has coincided with the appreciations of the experts.

In this setback he returned to the previous point and continued to go down until he fell below 200 In August. Despite this, the authorities have said that the electronic currency will remain operational on the island and that its bank accounts will not disappear.

This new updating movement occurs in the midst of an exacerbation of the economic and energy crisis on the island, with severe shortcomings of basic and prolonged off products.

In addition, it takes place while Cubans are still waiting for the implementation of the new exchange rate with a floating rate, advanced last December by Prime Minister Manuel Marrero, who in July assured that he would enter into force in the second half of this year.



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