Informal dollar rate in Cuba reaches 805 CUP as euro trades at 890

The U.S. dollar reached 805 Cuban pesos in the island’s parallel market, according to a real-time rate update dated October 17. The figure puts the currency above the 800-CUP threshold and is the main information for the day. The report frames that level within a persistent loss of value for the Cuban peso in the informal economy.

The dollar also recorded a recent increase of five pesos, so the update combines the 805-CUP level with an upward movement. The excerpt does not specify the interval used for that comparison and therefore does not establish when the increase began or provide a broader trajectory. The figure is a point-in-time parallel-market rate, not an official price or a rate applicable to every transaction.

The euro stood at 890 CUP and appears as the highest-valued currency on the street among those described. The report thus provides two different references: 805 CUP for the dollar and 890 CUP for the euro. Both come from the same informal market, but each is a rate for a different currency; the gap between them does not by itself measure change over time.

The MLC, described as an exclusively digital currency, also increased by 29.15 pesos. The excerpt reports the change but does not provide the final rate, so it is not possible to establish how many CUP are required for one unit. Keeping the reported increase separate from a final rate avoids supplying a figure that is not confirmed by the available data.

The loss of value is linked to a structural shortage of foreign currency that continues to pressure the island’s economic capacity. That context accompanies the dollar and euro levels and the increase in the MLC. The update offers no further details about immediate causes, the duration of the movement or future rates, so those aspects cannot be established from the available figures.