Cuban Informal Market Sees US Dollar and Euro Decline

The informal currency market in Cuba closed on Tuesday, August 11, 2026, showing a decline in the US dollar and euro. The dollar ended the day at 665 Cuban pesos (CUP), down 5 pesos from the previous session. This represents a cumulative loss of 8 pesos over the past week, with the weekly outlook continuing to show a downward trend.

The euro also closed lower, trading at 768 CUP, unchanged from its opening but down 5 pesos from the previous session. In contrast, the MLC (a state-issued currency) saw an increase of 20 pesos to 443 CUP, although this value is considered indicative due to low transaction volume.

The exchange rate gap between the informal market and the official Central Bank of Cuba's Segment III remains wide, with a difference of over 40 pesos for the dollar and nearly 47 pesos for the euro. The continued fluctuation in the informal market has significant implications for internal prices and purchasing power in Cuba, particularly given sustained inflation and low state wages.