How is the euro worth in Cuba today? This February 11, the price of the euro skyrocketed in the informal currency market in the European region. Given the high demand and low availability, records are set in foreign exchange every day in Cuba. The national currency, the Cuban peso, continues to lose value against foreign … Read more
The Cuban government announced that it is working on defining a new official exchange rate for the US dollar (USD) for this year 2024 as part of measures to boost the economy and correct distortions in the exchange market. The Head of Economy and Planning, Alejandro Gil Fernández, presented to the Council of Ministers an … Read more
.jpg "Within hours of implementing the package in Cuba, the euro reaches 290 pesos, and the dollar lags behind.")
He euro it reached 290 Cuban Pesos (CUP) This Saturday, the highest figure ever seen on the islandAnd this is just a preview of what could happen when, from February 1, the government implements the fuel price hike and dollarization of its marketing, the key measures of its announced economic package. According to independent media … Read more
this Tuesday At least two of the three reference currencies rose for the third consecutive day of prices in Cuba’s informal market, which appears to consolidate the process of recovery of earlier values 22 DecemberThe date on which the three reference currencies began to decline. The euro rises by one peso compared to the previous … Read more