Although still distant from the euro in the informal currency market, the dollar It follows its progressive ascent in Cuba to be closer and closer to 400 pesos (CUP).
On the morning of this Friday the American currency was quoted at 397 CUP, two more than yesterday and that in recent weeks, according to the rate of the independent media The touchcalculated from the purchase and sale offers on digital platforms.
In this way, the dollar approaches a barrier that has already bordered on other occasions – particularly last year for a period of instability between May and July – but has not exceeded so far. To do it, it would be a new historical level on the island.
For its part, the euro remains installed in the 445 CUP, its maximum record so far, although due to its progressive upward trend, that value could rise at any time.
Good morning, this is the update of Currency Informal Market Rates in Cuba for 08/08/2025
Image 1. Representative rate of the informal market (Eltoque)
EUR: 445.00 Cup | 2.07 mlc | 1.12 USD
USD: 397.00 Cup | 1.85 mlc
MLC: 215.00 Cup | 0.54 USDImage 2. Rate … pic.twitter.com/8oyeyd9kxl
– The touch (@eltoquecom) August 8, 2025
The other face of the currency is the MLC. The electronic currency has continued to devalue and yesterday its price fell to 215 CUP, to confirm its fall to less than half of the current value of the euro.
This setback has remained throughout 2025 – except a surprising rebound last February – driven by the redoubled government for dollarization in the country and the growing shortage of stores in that virtual currency.
And although the authorities have assured the electronic currency will remain operational on the island, analysts point out that its trend will be maintained down, in the midst of a context marked by an acute socioeconomic crisis, the chronicle lack of basic products and high inflation.
At the same time, experts predict that the dollar and the euro must maintain their upward trend, waiting for the entry into force of the new flexible exchange rate already confirmed by the government or other situations that could influence informal market behavior.
