Today: February 25, 2026
February 25, 2026
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The euro continues to rise in the informal market and is getting closer and closer to 600 pesos in value

Currency in Cuba: The euro reaches 450 pesos and the MLC is still in mince

He euro maintains its rise in the informal currency market in Cuba.

The European currency, which It closed January with a price of 535 pesos (CUP)according to the rate published by the opposition media The Touchhas continued to increase its value in the second month of the year and is now at 570 CUP, increasingly closer to the 600 peso barrier.

In the last two weeks it had remained stable above 560, but in recent days it has risen again, although with fluctuations.

With this, it continues to set maximum limits in the informal market of the island, at a time when the country suffers a worsening of its prolonged economic crisis, catalyzed by the US oil siege that hits key sectors such as the production of goods and services, the transportation of passengers and merchandise, the generation of electricity and tourism.

Meanwhile, the dollar has consolidated above 500 CUP—this week it is around 505—and the MLC, after its rise months ago, continues to fluctuate around 405 CUP, its value today, according to The Touchwhich despite the campaigns against it continues to serve as a reference for purchase and sale operations outside the official rate.

And the floating rate?

Meanwhile, although also with fluctuations, the main currencies also maintain an upward trend in the floating rate implemented last December by the Central Bank of Cuba (BCC).

The euro in particular had a slight decline this Wednesday, going from 546.59 pesos yesterday at 545.46 today. However, this minimal fall does not hide the significant increase in the European currency at that rate, since in your first quoteon December 18, stood at 481.42 CUP, about 64 pesos less than its official value today.

Something similar happens with the dollar, which this week has remained at 463 CUP in the floating rate, around 40 pesos below the informal market, but 53 pesos more than what it was worth when the floating rate was launched.

For their part, the Canadian dollar and the ruble have also increased in value in just over two months.

The Canadian currency, which this Wednesday is officially quoted at 337.89 CUP, shows an increase of about 40 pesos. Furthermore, its value according to the BCC is below the informal market, where today it is at 330 CUP.

As for the ruble, its increase compared to December 18 is smaller, a little less than one peso – from 5.29 to 6.04 – although being a less valuable currency and used on the island, this small increase is equally significant.



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