This Monday morning, the unofficial currency market in Cuba saw a steady start with no fluctuations in the rates of the three major foreign currencies. The U.S. dollar, the euro, and the Freely Convertible Currency (MLC) have maintained their values for the fourth day in a row, as reported by elTOQUE, which tracks the ups and downs of these currencies.
As of 7:00 a.m. on August 25th, the exchange rate for the dollar remains at 405 CUP, while the euro is valued at 450 CUP. Meanwhile, the MLC is holding steady at 195 CUP, a level it reached last Friday following a sudden drop of five pesos.
It is evident that the Cuban national currency is losing ground, diminishing the purchasing power of ordinary Cubans, while the government remains silent despite earlier promises of exchange rate reforms. So far, there has been no further comment on this matter.
Current Exchange Rates on August 25, 2025 – 7:00 a.m. in Cuba
According to elTOQUE, today’s exchange rates are as follows:
- USD to CUP: 405 CUP
- EUR to CUP: 450 CUP
- MLC to CUP: 195 CUP
Conversion Rates for U.S. Dollars to Cuban Pesos
The following conversions apply based on today’s exchange rate:
- 1 USD = 405 CUP
- 5 USD = 2,025 CUP
- 10 USD = 4,050 CUP
- 20 USD = 8,100 CUP
- 50 USD = 20,250 CUP
- 100 USD = 40,500 CUP
Euro to Cuban Peso Conversion Rates
Here are the conversion values for the euro:
- 1 EUR = 450 CUP
- 5 EUR = 2,250 CUP
- 10 EUR = 4,500 CUP
- 20 EUR = 9,000 CUP
- 50 EUR = 22,500 CUP
- 100 EUR = 45,000 CUP
- 200 EUR = 90,000 CUP
- 500 EUR = 225,000 CUP
Back in July, Manuel Marrero revealed that there would be changes in Cuba’s official exchange market, slated for the latter half of the year. However, as of now, no tangible developments have occurred.
FAQs on Cuba’s Currency Exchange Situation
What are the current exchange rates for the dollar and euro in Cuba?
As of August 25, 2025, the exchange rate for the U.S. dollar is 405 Cuban pesos, while the euro is valued at 450 Cuban pesos.
Has the Cuban government announced any currency exchange reforms?
In July, Manuel Marrero mentioned upcoming changes to Cuba’s official exchange market, but no changes have been implemented yet.
