| 1 EUR | 455.00 CUP | |
| 1 USD | 420.00 CUP | |
| 1 MLC | 205.00 CUP | |
| 1 CAD | 250.00 CUP | |
| 1 MXN | 22.00 CUP | |
| 1 BRL | 119.71 CUP | |
| 1 ZELLE | 405.00 CUP | |
| 1 CLA | 422.71 CUP |
Verificando estado en vivo...
Autor
elTOQUE
Contamos las historias de jóvenes como tú que se sienten protagonistas de esta Cuba que cambia; aquellos que transforman los barrios, que emprenden, dialogan y construyen iniciativas ciudadanas para su gente. Te mostramos cómo otros jóvenes superaron las barreras y hoy impulsan un proyecto propio.
Since 2022, the exchange rate in Cuba’s informal market has shown high volatility. Within a matter of weeks, the price of the dollar or euro can soar, stabilize at a new high, and then fall sharply. However, it rarely returns to its starting point.
Venezuelan ruler Nicolas Maduro recently received bad news when he asked for help from his Cuban partners. Sources close to the Venezuelan government said that, in mid-October 2025, the dictator met in Caracas with Cuban advisers to discuss possible military or logistical support from Havana amid the growing presence of US forces near Venezuelan shores.
In early May 2025, El Toque published a list of the dollar stores we were able to find in Cuba. At that time, we counted 85 establishments that sold their products exclusively in foreign currency. Now, five months later, we count 209 — an increase of 146%.
Cuba’s power grid collapsed again on Sept. 10, marking the fifth nationwide blackout in less than a year as the island’s energy crisis worsens.
Dollar trades at historic 400 CUP in Cuba’s informal market; official rates lag far behind amid dire economic pressures.
Buying U.S. dollars or euros in Cuba isn’t as straightforward as it seems. Between digital appointments, daily limits, and a booming informal market, knowing where and how to exchange money can significantly impact your trip. Here’s what you need to know about official and unofficial options, the risks involved, and recent changes to the island’s foreign exchange system.
During his address to the National Assembly on July 17, 2025, Prime Minister Manuel Marrero Cruz presented an overview of the measures implemented by the government during the first half of the year.
As more Cubans settle in Mexico, they’re turning from transit migrants into vital remittance providers, reshaping financial flows to the island.
Cuba’s Minister of Economy and Planning, Joaquin Alonso Vasquez, confirmed that the partial dollarization of the economy will not only continue but is the official strategy for the near future.
According to press reports, Alonso acknowledged the existence of three exchange rates and how this has led the dollar to become the main “mechanism of interconnection” within the Cuban economy.
Student protests continue in Cuba. On June 5, the strike at the University of Havana’s Faculty of Mathematics and Computer Science remained active. A statement shared by the FEU of the Faculty of Chemistry, also endorsed by the UJC, confirmed the students’ decision to stop attending classes “until they receive answers.”
Documents obtained by the Miami Herald reveal that RAFIN S.A., a company controlled by the military and a shareholder in Etecsa, held more than $407 million in cash as of August 2024. RAFIN has had a key stake in Etecsa since 2011, when it purchased 27% of the company’s shares from Telecom Italia for $706 million.
Two Cuban nationals convicted of violent crimes were deported to South Sudan after the U.S. failed to find another country willing to accept them, defying a federal judge’s order and raising concerns over deportations to conflict zones.
An investigation reveals the López Obrador administration granted over $6 million in direct contracts to a Cuban-linked pharmaceutical firm, despite poor-quality, expired, and undelivered medications.
Novabank S.A., a newly licensed corporate bank in Cuba, is owned by Canadian investors from the Lussier family, longtime business partners with decades of experience on the island.
Cuba accelerates partial dollarization amid the peso's collapse and rising inflation. A new report reveals shrinking wages, increased inequality, and government-backed policies fueling a dual-currency economy.
Autores
elTOQUE
Contamos las historias de jóvenes como tú que se sienten protagonistas de esta Cuba que cambia; aquellos que transforman los barrios, que emprenden, dialogan y construyen iniciativas ciudadanas para su gente. Te mostramos cómo otros jóvenes superaron las barreras y hoy impulsan un proyecto propio.
Since 2022, the exchange rate in Cuba’s informal market has shown high volatility. Within a matter of weeks, the price of the dollar or euro can soar, stabilize at a new high, and then fall sharply. However, it rarely returns to its starting point.
Cuba’s power grid collapsed again on Sept. 10, marking the fifth nationwide blackout in less than a year as the island’s energy crisis worsens.
During his address to the National Assembly on July 17, 2025, Prime Minister Manuel Marrero Cruz presented an overview of the measures implemented by the government during the first half of the year.
Student protests continue in Cuba. On June 5, the strike at the University of Havana’s Faculty of Mathematics and Computer Science remained active. A statement shared by the FEU of the Faculty of Chemistry, also endorsed by the UJC, confirmed the students’ decision to stop attending classes “until they receive answers.”
An investigation reveals the López Obrador administration granted over $6 million in direct contracts to a Cuban-linked pharmaceutical firm, despite poor-quality, expired, and undelivered medications.
Venezuelan ruler Nicolas Maduro recently received bad news when he asked for help from his Cuban partners. Sources close to the Venezuelan government said that, in mid-October 2025, the dictator met in Caracas with Cuban advisers to discuss possible military or logistical support from Havana amid the growing presence of US forces near Venezuelan shores.
Dollar trades at historic 400 CUP in Cuba’s informal market; official rates lag far behind amid dire economic pressures.
As more Cubans settle in Mexico, they’re turning from transit migrants into vital remittance providers, reshaping financial flows to the island.
Documents obtained by the Miami Herald reveal that RAFIN S.A., a company controlled by the military and a shareholder in Etecsa, held more than $407 million in cash as of August 2024. RAFIN has had a key stake in Etecsa since 2011, when it purchased 27% of the company’s shares from Telecom Italia for $706 million.
Novabank S.A., a newly licensed corporate bank in Cuba, is owned by Canadian investors from the Lussier family, longtime business partners with decades of experience on the island.
In early May 2025, El Toque published a list of the dollar stores we were able to find in Cuba. At that time, we counted 85 establishments that sold their products exclusively in foreign currency. Now, five months later, we count 209 — an increase of 146%.
Buying U.S. dollars or euros in Cuba isn’t as straightforward as it seems. Between digital appointments, daily limits, and a booming informal market, knowing where and how to exchange money can significantly impact your trip. Here’s what you need to know about official and unofficial options, the risks involved, and recent changes to the island’s foreign exchange system.
Cuba’s Minister of Economy and Planning, Joaquin Alonso Vasquez, confirmed that the partial dollarization of the economy will not only continue but is the official strategy for the near future.
According to press reports, Alonso acknowledged the existence of three exchange rates and how this has led the dollar to become the main “mechanism of interconnection” within the Cuban economy.
Two Cuban nationals convicted of violent crimes were deported to South Sudan after the U.S. failed to find another country willing to accept them, defying a federal judge’s order and raising concerns over deportations to conflict zones.
Cuba accelerates partial dollarization amid the peso's collapse and rising inflation. A new report reveals shrinking wages, increased inequality, and government-backed policies fueling a dual-currency economy.
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