Cuba's Informal Currency Market Sees Mixed Results
The informal currency market in Cuba closed on Wednesday, August 12, 2026, with mixed results. The US dollar remained unchanged at 665 Cuban pesos (CUP), showing no movement from the previous session. In contrast, the euro dropped to 760 CUP, down from yesterday's 768.
The dollar has fluctuated between a low of 655 and a high of 675 pesos over the past month, while demand for dollars remains strong among those looking to safeguard their savings against the peso's depreciation.
The euro experienced a decline this Wednesday, trading at 760 CUP. This marks a drop of 7.5 pesos (-1%) compared to the previous day, when it stood at 768 pesos. The weekly trend also shows a decline: seven days ago, the euro was at 785 pesos, representing a decrease of 25 pesos (-3.2%).