Cuban Informal Currency Market Sees Significant Fluctuations in Dollar and Euro Rates

The informal currency market in Cuba continues to show significant fluctuations. On September 28, 2026, the US dollar was trading at 742 Cuban pesos (CUP) in the informal market, with a buying price of 735 CUP and a selling price of 750 CUP.

This represents an increase of 1 peso compared to the previous day's average value of 741 CUP. The weekly trend is even more pronounced, with a rise of 27 pesos in just one week from 715 CUP seven days ago.

The euro has also seen a significant increase, trading at 847 CUP, with a buying price of 840 CUP and a selling price of 854 CUP. This represents an increase of 5 pesos compared to the previous day's average value of 842 CUP, and a weekly gain of 29 pesos since it was at 818 CUP seven days ago.

The Cuban peso (CUP) continues to be affected by the structural currency shortages in the state banking system. The gap between the official and informal exchange rates is significant, with the dollar trading at 61 pesos more than the official rate of 681 CUP per dollar, and the euro trading at 71 pesos more than the official rate of 776 CUP per euro.

The Exchange Rate of CiberCuba is an index that consolidates a representative value based on thousands of currency exchange posts in Telegram and Facebook groups. The calculation disregards atypical offers and spam messages, weighs each transaction based on its age, and updates the value several times a day.