The events of this weekend in Venezuela seem to already have their first visible impact in Cuba. Both the dollar and the euro have begun to rise in the informal market, amid the logical uncertainty due to the effects of what happened on the island’s precarious economic outlook.
The US and European currencies, which had remained practically stable – even with downward fluctuations – in recent weeks, rose in value in recent days, according to the opposition media. The Touchwhich continues to be used as a reference by many Cubans despite the accusations and campaigns against them by the authorities and official media.
Yeah last fridayone day before US forces attacked several places in Venezuela and captured President Nicolás Maduro, the dollar was trading at 435 pesos (CUP) and the euro was trading at 480 CUP, both currencies showing an increase in those values this Monday.
The dollar has risen 10 pesos since then and today morning its price was 445 CUP. The euro, for its part, has had a less pronounced rise and now stands at 485 CUP, five pesos more than three days ago and 40 above the North American currency.
Update of informal currency market rates in Cuba
Date: 01/05/2026Image 1: Representative rate of the informal market (elTOQUE)
EUR: 485.00 CUP
USD: 444.00 CUP
MLC: 400.00 CUPThere are offers in the ranges:
EUR: from 460.00 to 500.00 CUP
USD: from 410.00 to 480.00 CUP
MLC:… pic.twitter.com/UYSfI70TT0— The Touch (@eltoquecom) January 5, 2026
The MLC and the floating rate
As for the MLC, after a rapid increase in value in December, it has continued to fluctuate around 400 CUP, a value that doubles its price from just a few weeks ago.
It was right at that barrier at dawn this Monday, after having fallen to 395 CUP over the weekend, according to the median of its values on digital buying and selling platforms compiled by The Touch.
With regards to the official floating ratel, the values of the main currencies today also show increases, although they remain in ranges close to their first quotes.
The Central Bank of Cuba (BCC) values the US dollar at 411 CUP, two pesos above its previous price and only one more than what it showed in his first performancelast December 18.
The euro, for its part, is officially quoted at 483.34 CUP —about two pesos more than at the debut of the floating rate—, while the Canadian dollar has increased by almost three pesos compared to that initial date and is valued at 300.35 CUP.
It remains to be seen what the behavior of currencies will be in the coming days, both in the informal and official markets. This, as the scenario of post-Maduro Venezuela and its impact on relations with Cuba and the island’s economy become clearer.
