The American currency is quoted in 398 CUP and the euro reaches 445, in the middle of the continuous depreciation of the Cuban weight.
Madrid, Spain.- The Informal currency market In Cuba, a new record this August 4, when quoting the US dollar in 398 Cuban pesos (CUP) and the euro in 445, according to the monitoring made by the independent medium Eltoque. These are the highest values registered since this monitoring system was implemented in 2022.
The representative rate – called from the median offers published on social networks and sale platforms – keeps the dollar in 395 CUP, although some exchanges are already concretized above that value. In the case of the euro, the rise of five pesos in 24 hours positions it as the strongest currency in the Cuban parallel circuit.
The freely convertible currency (MLC), on the other hand, continues its descending trend and remains in 220 Cup, the lowest level recorded so far this year.
These figures reflect the growing deterioration of the purchasing power of the Cuban weight, in a context of economic crisis marked by the shortage of foreign exchange, the inflation persistent and the fall of productive activity. The authorities have failed to stop the depreciation of the national currency, nor care about it, while the exchange duality persists as one of the main obstacles to the macroeconomic stabilization of the country.
It should be remembered that the dollar had already reached the 395 CUP in May 2024, which at the time marked a historical record. On August 3, 2025, that same figure was matched, and a day later, surpassed slightly in some exchanges, confirming the persistent depreciation of the Cuban weight against foreign currencies.
In the absence of a transparent and functional official exchange market, citizens increasingly resort to the informal market, which has established itself as the only reference space for the real value of foreign currencies in Cuba.
