On the morning of Tuesday, October 27, 2026, the informal currency exchange market in Cuba opened with mixed signals: the U.S. dollar surged to an average of 843 Cuban pesos, while the euro slipped slightly to 929 CUP, and the MLC fell to 564 pesos. This figure for the MLC should be considered indicative due to the limited transaction volume recorded at this time.
U.S. Dollar (USD): Continuing Its Upward Trend
The U.S. dollar is trading at 843 Cuban pesos (CUP) in the informal market, with a purchase rate of 840 CUP and a selling rate of 845 CUP. This marks an increase of 3 pesos compared to the previous day, when the average value stood at 840 CUP. Over the past week, the dollar has risen by 25.5 pesos—an increase of 3.1%—from 817 CUP a week ago. Compared to a month ago, there's a rise of 101.5 pesos (+13.7%), though some of this variance may be due to methodological adjustments in the index rather than solely market movement.
In the past month, the dollar has peaked at 843 CUP—the current level—and hit a low of 740 CUP.
Euro (EUR): Slight Decline After Recent Gains
On this Tuesday, the euro dipped slightly, trading at an average of 929 Cuban pesos, with a purchase rate of 925 CUP and a selling rate of 932 CUP. Compared to the previous day, when the average value reached 930 CUP—the highest in the last 30 days—the drop is a mere 1.5 pesos (-0.2%), not breaking the upward trend observed in recent days. Over the last week, the euro has increased by 23.5 pesos (+2.6%) from 905 CUP a week ago, accumulating a gain of 86.5 pesos (+10.3%) over the past month from 842 CUP 30 days ago. This rise continues to be driven by limited supply and demand from those receiving remittances from Europe.
MLC: Indicative Figures With Low Trading Volume
The freely convertible currency (MLC) is around 564 Cuban pesos on average, with a purchase rate of 526 CUP and a selling rate of 602 CUP. This value should be taken as indicative since the trading volume recorded is low. Compared to the previous session, the MLC decreased by 10 pesos (-1.7%) from 574 CUP, and over the past week, it has dropped 12 pesos (-2.1%) from 576 CUP a week ago. Over the last month, the MLC has ranged from a high of 742 CUP to a low of 457 CUP, reflecting the volatility and lack of data in this segment. Without physical presence, its use is confined to state-run stores that accept it, limiting its circulation compared to cash currencies.
Exchange Rate Summary
USD to CUP exchange rate: 843 CUP. Euro to CUP exchange rate: 929 CUP. MLC to CUP exchange rate: 564 CUP (indicative value, limited data).
The Gap Between Informal and Official Exchange Rates
The official exchange rate set by the Central Bank of Cuba (Segment III) remains at 749 CUP per dollar and 837 CUP per euro, significantly lower than the values prevailing in the informal currency market. The gap is 94 pesos for the dollar and 92 pesos for the euro, highlighting the divergence between the official economy and the everyday reality on the streets.
Although Segment III was introduced as a more flexible exchange mechanism, its official rates remain far from the informal market, failing to meet the real currency demand of the population. In the past month, the official dollar rate increased from 681 to 749 CUP, and the euro from 776 to 837 CUP, indicating a sustained devaluation of the peso even in the official channel.
In a scenario of ongoing inflation, low state salaries, and increasing partial dollarization of the economy, any fluctuation in the informal market directly affects internal prices and the purchasing power of Cubans.
Methodology
The CiberCuba Exchange Rate is an index of the Cuban informal market, created through automated analysis of thousands of currency trading posts in Telegram and Facebook groups. The calculation excludes atypical offers and spam messages, weighs each transaction based on its age, and consolidates a representative value updated several times a day.
USD to Cuban Peso Exchange Equivalents for October 27, 2026
1 USD = 843 CUP; 5 USD = 4,215 CUP; 10 USD = 8,430 CUP; 20 USD = 16,860 CUP; 50 USD = 42,150 CUP; 100 USD = 84,300 CUP
Euro to Cuban Peso Exchange Equivalents for October 27, 2026
1 EUR = 929 CUP; 5 EUR = 4,645 CUP; 10 EUR = 9,290 CUP; 20 EUR = 18,580 CUP; 50 EUR = 46,450 CUP; 100 EUR = 92,900 CUP; 200 EUR = 185,800 CUP
FAQs on Cuba's Informal Currency Exchange
What is the current exchange rate for the U.S. dollar in Cuba's informal market?
As of October 27, 2026, the U.S. dollar is trading at an average of 843 Cuban pesos in the informal market.
How does the euro compare to the U.S. dollar in Cuba's informal market?
The euro is trading at 929 Cuban pesos, maintaining a higher value compared to the U.S. dollar, which is at 843 CUP.
Why is there a gap between the informal and official exchange rates in Cuba?
The gap exists because the official rates set by the Central Bank of Cuba do not reflect the real demand and supply dynamics present in the informal market.