Cuban Informal Market: Dollar Declines, Euro Remains Stable

The Cuban informal market closed on July 23, 2026, with a slight decline in the value of the US dollar. The average price for one USD was 670 Cuban pesos (CUP), down by 1 peso from the previous day's average. However, the dollar has gained 15 CUP in the past week, representing an increase of 2.3%. In contrast to the dollar, the euro experienced stability, with no variations compared to the previous day's prices.

The demand for dollars remains high among Cubans seeking to protect their savings against the depreciation of the Cuban peso. The official exchange rate of the Central Bank of Cuba (Segment III) is significantly lower than the informal market rates, at 596 CUP per dollar and 680 CUP per euro.