Forex
Cuba's Informal Currency Market Sees Mixed Results as Dollar Remains Steady, Euro Drops
The informal currency market in Cuba closed on August 12, 2026, with mixed results. The US dollar remained steady at 665 Cuban pesos (CUP), unchanged from the previous session.
However, the euro dropped to 760 CUP, a decline of 7.5 pesos (-1%) compared to the previous day and 25 pesos (-3.2%) in the last week.
The dollar has gained 10 pesos (+1.5%) compared to 30 days ago, but this comparison may reflect methodological adjustments in the index rather than actual market movement.
The demand for dollars remains high among those seeking to protect their savings against the depreciation of the peso.