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Euro Experiences Slight Increase in Cuba’s Informal Market

Source link : https://theamericannews.net/america/cuba/euro-experiences-slight-increase-in-cubas-informal-market/

As dawn broke on Tuesday, the euro saw a modest price increase in Cuba’s informal market, rising to 337 CUP, which is two CUP more than the previous day. Meanwhile, the US dollar remained stable at 322 CUP at 7:00 a.m. local time on October 8th, showing no change from Monday. The Freely Convertible Currency (MLC) also held steady at 270 CUP for the time being.

For nearly two months, these three key currencies exhibited an unusual stability in their average selling values within the informal market. However, starting in early October, a slight increase in activity has been noticed, though not reaching the significant fluctuations observed during the first half of the year.

Current Exchange Rates as of October 8, 2024 – 7:35 a.m. in Cuba

The following are the current exchange rates according to elTOQUE:

US Dollar (USD) to CUP: 322 CUP
Euro (EUR) to CUP: 337 CUP
MLC to CUP: 270 CUP

Conversion Rates for Available Bills

Here are the equivalences for euro and US dollar bills to Cuban pesos (CUP), based on the exchange rates of October 8th:

US Dollar (USD) to Cuban Peso (CUP):

1 USD = 322 CUP
5 USD = 1,610 CUP
10 USD = 3,220 CUP
20 USD = 6,440 CUP
50 USD = 16,100 CUP
100 USD = 32,200 CUP

Euros (EUR) to Cuban Peso (CUP):

1 EUR = 337 CUP
5 EUR = 1,685 CUP
10 EUR = 3,370 CUP
20 EUR = 6,740 CUP
50 EUR = 16,850 CUP
100 EUR = 33,700 CUP

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=6706247408b447e08b46f9daea1cce50&url=https%3A%2F%2Fwww.cubaheadlines.com%2Farticles%2F289768&c=1576480535343797474&mkt=en-us

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Publish date : 2024-10-08 17:07:00

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Author : theamericannews

Publish date : 2024-10-09 06:36:36

Copyright for syndicated content belongs to the linked Source.

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