The US dollar (USD) is currently valued at 435 Cuban pesos (CUP) on November 24, according to the latest figures from elTOQUE.
This exchange rate for the dollar underscores the intense strain on Cuba’s domestic economy, driven by a significant demand for foreign currency to cover everyday transactions and essential purchases.
Today, the euro (EUR) is being exchanged at 480 CUP, making it the strongest currency against the Cuban peso. This elevated rate is largely due to the interest from individuals traveling to or conducting business with European nations.
Meanwhile, the Freely Convertible Currency (MLC) has risen to 235 CUP, marking a five-peso increase from the previous day. Although its rate is lower than that of the dollar and euro, the MLC continues to play a crucial role in transactions within state-run stores that operate in foreign currencies.
Today’s Informal Exchange Rates in Cuba – November 24, 2025, 06:38 AM
USD to CUP: 435 CUP
EUR to CUP: 480 CUP
MLC to CUP: 235 CUP
Currency Conversion: Dollar and Euro to Cuban Peso
US Dollar (1 USD = 435 CUP)
$1 = 435 CUP
$5 = 2,175 CUP
$10 = 4,350 CUP
$20 = 8,700 CUP
$50 = 21,750 CUP
$100 = 43,500 CUP
Euro (1 EUR = 480 CUP)
€5 = 2,400 CUP
€10 = 4,800 CUP
€20 = 9,600 CUP
€50 = 24,000 CUP
€100 = 48,000 CUP
€200 = 96,000 CUP
€500 = 240,000 CUP
Understanding Currency Exchange in Cuba
What is the current exchange rate of the US dollar to the Cuban peso?
As of November 24, the US dollar is exchanged at 435 Cuban pesos in the informal market.
Why is the euro valued higher than the US dollar in Cuba?
The euro’s higher value, at 480 CUP, is due to its demand from those traveling to or trading with European countries.
How does the MLC compare to the US dollar and euro in Cuba?
The MLC is valued at 235 CUP, which is lower than both the US dollar and euro, yet remains important for transactions in state-run stores.
