Step by step, The euro maintains its rise in the Informal currency market And at dawn on Monday, more than double the MLC was already quoted.
The European currency climbed Up to 445 pesos (CUP), five more than in the most recent days, according to the independent media The touchused as a reference by sellers and currency buyers in Cuba outside the official rate.
In this way, it established a new historical cap in the informal market of the island and returned to take a distance of 50 pesos from the dollar, which This Sunday He had climbed up to 395 CUP and approaches the barrier of the 400 pesos every time.
For its part, the MLC remains in the 220 Cup, the same value that it exhibits from ELast July 24according to the rate of The touchcalculated from the purchase and sale offers on digital platforms.
With this and the rise of the euro, its value already represents less than half of the European currency.
Good morning, this is the update of Currency Informal Market rates in Cuba for 04/08/2025
Image 1. Representative rate of the informal market (Eltoque)
EUR: 445.00 Cup | 2.02 mlc | 1.13 USD
USD: 395.00 Cup | 1.80 mlc
MLC: 220.00 CUP | 0.56 USDImage 2. Rate … pic.twitter.com/xzchncgj
– The touch (@eltoquecom) August 4, 2025
Although the dollar is the reference currency in the Cuban informal market, for having a regularly greater demand and also a greater supply on the platforms and digital channels where currencies are quoted, the euro has been the main protagonist in recent times.
Although for now both currencies have been matched on these platforms, the euro is usually quoted at a higher value. This difference has been progressively increasing, and if five or ten pesos are quoted above, there are already 50 cup of difference in favor of the euro.
Its current value is not only the highest of the year, but also the major achieved by that currency outside the official rate. More than a year ago, at a time when he experienced increased increases and falls next to the dollar, he had already exceeded 400 pesos, but did not reach 445.
In this scenario, coinciding others with the dollarization process and the acute economic crisis on the island, the euro apparently maintains its upward trend, waiting for the entry into force of the new flexible exchange rate regime already confirmed by the government or other measures or situations that could influence the behavior of the informal market.
