After a chain of five days of successive falls, the reference currencies in Cuba woke up stable this Sunday, at the same values they recorded the previous day.
At seven in the morning on June 16 The European currency is still valued at 360 CUP.
The dollar, for its part, remains stable at 350 pesos and the Freely Convertible Currency (MLC) also remains unchanged, which continues to be valued at 300 pesos.
The last two times in recent weeks that the three currencies have taken a pause, it has been to change the course of their evolution, either up or down.
This is how it happened June 4 and then on the 10th. The first slowdown served as a prelude to new increases and the second, on Monday of this same week, the pause to new falls.
This decline that began on June 10 came after five days last week of dizzying increase in which euros, dollars and MLC almost recovered values prior to the May downturn.
In any case, the volatility of the Cuban informal currency market confirms again and again the drift of the Cuban economy.
Exchange rate today 06/16/2024 – 7:06 am in Cuba:
Dollar exchange rate USD to CUP according to the touch: 350 CUP.
Euro exchange rate EUR to CUP according to the touch: 360 CUP.
MLC to CUP exchange rate according to the touch: 300 CUP.
The informal Cuba exchange rate offered here is not officially recognized or endorsed by any financial or government entity.
The Cuban government still does not make a statement in economic terms about the direction of currencies, but it did dedicate these days a new chapter to the personal war it maintains with the independent media. the touch.
In recent days, the independent media has responded by increasing the explanations about the methodology it uses to calculate the rate.
Equivalences of each available banknote from euros and US dollars to Cuban pesos (CUP)
US Dollar (USD) to Cuban Peso (CUP)according to the exchange rates of this Sunday, June 16.
1 USD: 350 CUP.
5 USD: 1,750 CUP.
10 USD: 3,500 CUP.
20 USD: 7,000 CUP.
50 USD: 17,500 CUP.
100 USD: 35,000 CUP.
Euros (EUR) to Cuban Pesos (CUP)
1 EUR = 360 CUP.
5 EUR: 1,800 CUP.
10 EUR: 3,600 CUP.
20 EUR: 7,200 CUP.
50 EUR: 18,000 CUP.
100 EUR: 36,000 CUP.
