4 ms·
That's old news. The state mandated rate is around 120 CUP per USD (with a little spread when buying/selling, and for other market fluctuations.) But almost no
by PentiumBug 4y ago
That's old news. The state mandated rate is around 120 CUP per USD (with a little spread when buying/selling, and for other market fluctuations.) But almost no one uses that mechanism, as the state is profoundly insolvent.
The black market, or unofficial, rate is what everyone thinks about[2].
[1]: http://www.cubadebate.cu/especiales/2022/08/29/apuntes-sobre-la-tasa-de-cambio-en-el-mercado-cambiario-en-cuba/ http://www.cubadebate.cu/especiales/2022/08/29/apuntes-sobre...
[2]: https://eltoque.com/tasas-de-cambio-de-moneda-en-cuba-hoy https://eltoque.com/tasas-de-cambio-de-moneda-en-cuba-hoy