Cuba's Informal Currency Market Sees Mixed Results Amid Persistent Shortage

Cuba's informal currency market closed on September 2, 2026, with mixed results for key currencies. The U.S. dollar remained unchanged from the previous session at 678 Cuban pesos (CUP), while the euro gained ground with a slight increase to 770 CUP.

The MLC offered a tentative value of 473 CUP, but this figure should be approached cautiously due to limited data during this time frame.

The disparity between official and informal exchange rates in Cuba persists, with the Central Bank's Segment III rates lagging behind the market values. The shortage of foreign currency in state banking systems and high demand from the population for dollars and euros contribute to these discrepancies.