The price of the dollar and euro continues to rise steadily today on the Cuban informal currency market. New record figures against the peso, according to the monitoring ofel Toque. The informal foreign exchange market in Cuba continues to set records and demonstrates the growing gap between the official rates of the Central Bank of Cuba (BCC) and the prevailing street values.
According to the latest update from the independent media El Toque, The euro and the US dollar have soared, reaching historic figures against the Cuban peso.
In real time, the euro is quoted at 465 CUP and the US dollar at 413 CUP, while the Canadian dollar reaches 280 CUP and the Mexican peso exceeds 21 CUP.
The Swiss franc's values are also notable, hovering around 417 CUP, and the pound sterling, which remains at high levels. These figures confirm an upward trend that directly impacts the population's purchasing power.
In contrast, the official rates published by the Central Bank of Cuba reflect a very different scenario. According to data valid from September 8 to 9, 2025, the US dollar maintains a value of 24 CUP for reference operations and 120 CUP for the population market.
In the case of the euro, the official rate is set at 28.16 CUP reference and 140.84 CUP for transactions with individuals. The difference with the parallel market is more than 300 CUP for each euro and about 290 CUP for every dollar.
This disparity between official values and those on the informal market has made foreign currency one of the most coveted commodities in Cuba. Cubans who depend on remittances or who seek to purchase products in freely convertible currency (MLC) face increasingly high prices to access dollars or euros.
Analysts warn that as long as the government maintains restrictions on access to foreign currency and structural reforms to strengthen the national currency are not implemented, the informal market will continue to dictate the real reference value for consumers and much of the island's economy.