Five days after its entry into force, the floating rate for currencies established by the Central Bank of Cuba (BCC) shows some downward changes, although not significant.
At the same time, the dollar and the euro remain unchanged in the informal market of the island, in which the MLC has once again monopolized the spotlight and has continued to rise like foam.
Yeah last December 18 The BCC floating rate debuted with quotes of 410 pesos (CUP) for the US currency, 481.4 for the euro and 297.4 for the Canadian dollar, all of these values showing slight decreases today.
After experiencing a small drop over the weekend, this Monday the dollar is officially trading at 408 CUP for the market segment intended for individuals and forms of non-state management.
For its part, at that same floating rate the value of the euro is now 477.85 CUP and that of the Canadian dollar, 295.7.
Official Currency Exchange Rate.
Effective 12/22/2025https://t.co/xwrUZjHjG6 pic.twitter.com/WFXUUrDC6x
— Granma Newspaper (@Granma_Digital) December 22, 2025
The informal rate, according to El Toque
Even with their slight setbacks, the currencies maintain a range close to that shown in the informal market rate published by the opposition media. The Touch.
At that rate, accused of manipulation by the authorities and official media, the dollar has been trading for some time at 440 CUP, 32 pesos above the value set by the BCC.
The euro, for its part, remains at 480 CUP, now just over two pesos higher than the official rate. And the Canadian dollar, even though it rose in the last 24 hours to 274.8 CUP, is still about 30 pesos below the formal price.
Update of informal currency market rates in Cuba
Date: 12/22/2025Image 1: Representative rate of the informal market (elTOQUE)
EUR: 480.00 CUP
USD: 440.00 CUP
MLC: 350.00 CUPThere are offers in the ranges:
EUR: from 460.00 to 500.00 CUP
USD: from 400.00 to 480.00 CUP
MLC:… pic.twitter.com/2x39ZBZ7a4— The Touch (@eltoquecom) December 22, 2025
The main protagonist of the informal market in recent weeks has been the MLC. Despite rumors pointing to its disappearance and the drop in offers in its stores, the Cuban virtual currency has continued to strengthen to the surprise of many.
That currency, which fell below 200 pesos (CUP) months ago, and then remained stagnant for a long time around 205 CUP while the dollar and the euro maintained a sustained rise, began to rise since the end of November.
In just one month it was trading above 300 CUP, a value it had days ago when the BCC established its floating rate. In that announcement, the authorities also stated that they intended to “strengthen” the purchasing capacity and use value of the MLC, although without detailing how.
The truth is that in the following five days, it has jumped by 50 pesos in the informal market. The biggest increase was experienced in the last 24 hours, when going from the 320 CUPC this Sunday morning at 350 CUP at dawn today.
In this way, it consolidates a revaluation that was unthinkable weeks ago and opens the door to possible new increases that further reduce the difference that separates it from strong currencies.
