Home » News » The American dollar continues to rise in the Cuban black market. The euro is close to 200 pesos

The American dollar continues to rise in the Cuban black market. The euro is close to 200 pesos

The last few weeks in the foreign exchange market in Cuba have shown that once again the US dollar and the euro from the Schengen zone will continue to rise. And for example, the European currency is already close to 200 Cuban pesos in “buying and selling”. The US dollar does not want to be left behind and points to close to 190 Cuban pesos.

According to him report newspaper of the independent media El Toque, for this May 3, 2023, the exchange rate for the euro remains at 195 Cuban pesos, after several days of increasing, gradually increasing, but increasing. While the US dollar also follows the same string as the euro and is rising, it is already around 188 Cuban pesos, marking an upward trend.

Regarding the Freely Convertible Currency (MLC), the exchange average this week remains above 175 Cuban pesos, both to sell and to buy, according to the aforementioned half. In decline, only the Canadian dollar, which is bought and sold above 127 Cuban pesos, remains.

But how is the currency exchange maintained in the banks of the island? Let us now review the exchange market from the proposals of the Cuban state. We always guide the viability of officialdom to avoid scams, but it is up to each person to take a risk or not.

US DOLLAR AND EUROS IN CUBAN BANKS?

What does the Central Bank of Cuba propose to us today? The euro from the Schengen zone is being bought and sold over 126 Cuban pesos, a figure that is lower than what has been reported in recent days. While the American dollar remains taxed and above 120 Cuban pesos. The best that is paid here is the British pound sterling at 149 Cuban pesos.

Other currencies that are exchanged today in the Banco Central They are: the Swiss franc at 134 pesos, the Danish crown at 17 pesos, the Australian dollar over 80 pesos and the Canadian dollar at 88 Cuban pesos. As can be seen, it is still more feasible to change on the black market, but it is at the risk of some scam.

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