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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

On Thursday, the value of the U.S. dollar in Cuba's unofficial market saw a slight uptick, reaching 363 CUP, marking an ...

In a surprising turn of events, the euro has experienced a significant price increase in Cuba, as reported by the independent ...

and the Convertible Cuban Peso (CUC) are both legal tender on the island, though neither are convertible in the foreign exchange markets. CUC is pegged to the dollar and most goods are valued in that ...

Converting those Cuban pesos to other currencies poses yet another challenge, as there are several, highly fluctuating exchange rates in the island. For example, the official rate used by ...

In recent hours, the Freely Convertible Currency (MLC) has taken a noticeable dip, falling from 270 to 265 CUP in the Cuban informal market. This decline of five pesos within just 24 hours marks a ...