He Informal currency market in Cuba tense again with high figures in the price of the main foreign currencies, especially the dollar and the euro.
He US dollar reached this Thursday the 435 Cuban pesos (CUP), its highest level to date, while The euro rose to 495 Cupaccording to the independent media The touch.
Thus, the gap between both currencies remains broad, consolidating the euro as the most strength currency in the unofficial transactions of the island, where in recent months it has exceeded more than 50 pesos to the dollar.
In contrast, the freely convertible currency (MLC) continues stagnant around 210 cupwithout showing significant variations.
This rebound occurs in a scenario marked by persistent inflation, the lack of basic products, prolonged blackouts and a migratory wave that does not cease.
Update of Currency Informal Market Rates in Cuba
Date: 09/29/2025Image 1: Representative rate of the informal market (Eltoque)
EUR: 495.00 Cup
USD: 435.00 Cup
MLC: 210.00 CupThere are offers in the ranges:
EUR: From 475.00 to 510.00 Cup
USD: 400.00 to 470.00 Cup
MLC:… pic.twitter.com/hlzqrsfmki– The touch (@eltoquecom) SEPTEMBER 29, 2025
The own Cuban government has promoted an increasingly dollarized scheme by multiplying establishments that only accept payments in foreign exchangewhile MLC stores are reduced in number and availability.
The panorama is also complicated by the delay in the implementation of the new exchange market with floating rate, announced by Prime Minister Manuel Marrero last July as a measure to contain excess money in circulation.
Although he then pointed out that he would enter into force in the second half of the year, two months later no more details have been offered.
Meanwhile, the Cuban weight continues to depreciate, and The sustained increase in the currencies in the street deepens the loss of the real value of wages and pensions.
