The currencies do not stop moving in the informal market of Cuba. And their movements are mostly upwards, as the dollar This Thursday.
The American currency climbed in the last hours until 430 pesos (CUP), a new historical ceiling in its price outside the official rate. This has increased its value in the last week in 10 CUP, according to the independent media The touch.
Meanwhile, the euro dawned in the 485 pesos, the same price that it has had in recent days, although it has experienced some fluctuations and later this morning exhibited a higher value, according to the live rate of that publication, used as a reference by the vendors and buyers of currencies on the island.
In any case, its trend is still upwards, which confirms to the euro as the strongest currency in the informal market, valued in recent months in 50 and more pesos above the dollar.
The MLC, meanwhile, has also fluctuated in recent days. After falling below 200 pesos weeks ago, he has been recovering, although without stabilizing. Today he returned at 210 Cup, a value that he had reached Last Friday and from which he had fallen again.
Update of Currency Informal Market Rates in Cuba
Date: 09/25/2025Image 1: Representative rate of the informal market (Eltoque)
EUR: 485.00 Cup
USD: 430.00 Cup
MLC: 210.00 CupThere are offers in the ranges:
EUR: From 440.00 to 520.00 Cup
USD: 400.00 to 465.00 Cup
MLC:… pic.twitter.com/kvox9rnng5– The touch (@eltoquecom) SEPTEMBER 25, 2025
And the new official rate?
The current trend of the informal market, with the main foreign currencies on the rise and the Cuban virtual currency also recovering land, occurs in the middle of an exacerbation of the prolonged socioeconomic crisis on the island, marked by the chronicle lack of basic products, high inflation, prolonged blackouts and a sustained migratory wave.
To this is added, in addition, the Government’s commitment to dollarization, which has multiplied throughout the country the establishments and services in which only payment on cards backed in strong currencies is accepted, while the once supplies stores in MLC are still in retreat.
All of the above is also waiting for the next entry into force of the new exchange market with a floating rate, which, according to Prime Minister Manuel Marrero before the National Assembly – must begin to operate at some point in the second half of the year.
Half year after the first announcement on the subject in the previous parliamentary sessions, Marrero finally gave an attempt for the implementation of the measure; which, he said, seeks among other things to reduce the monetary circulating elevated on the island, which grew by 13.9 % year -on -year.
However, two months later nothing has been said again on the subject, while 2025 is aimed at its final stretch, the crisis is exacerbated and the informal currency market does not stop moving up, while the CUP depreciates and wages and pensions lose more and more real value.
