News 3 min read
Euro and Dollar Smash All-Time Records in Cuba's Informal Market
The European currency hits 588 CUP while the dollar stands at 520, deepening the economic crisis and the free fall of the Cuban peso.
#inflation
12 articles
News 2 min read
Cuba introduces 2000 and 5000 peso bills to combat rampant inflation
The Central Bank of Cuba releases new high-denomination banknotes (2,000 and 5,000 CUP) to facilitate cash transactions amid the ongoing economic crisis.
News 2 min read
Cuba introduces 2000 and 5000 Pesos banknotes amid rampant inflation
The Central Bank of Cuba issues new high-denomination bills to address cash shortages and price escalation on the island.
News 2 min read
Cuban Food Prices: Relentless Inflation at the End of March
Inflation in Cuba is relentless: basic products like rice and oil reach record prices at the end of March 2026.
News 3 min read
Gasoline in Havana Reaches 4,000 CUP per Liter on the Black Market
Extreme fuel shortages in Cuba drive prices sky-high on the black market, where a liter of gasoline is now trading for 4,000 Cuban pesos.
News 2 min read
Cuba Unveils '2026 Economic Program' Amid Total Collapse
Cuba's Council of Ministers rebrands its shock plan as inflation and energy deficits paralyze the island this March 2026.
News 3 min read
US Dollar Reaches Record in Cuba: Peso Plummets to 510 CUP
Cuba's informal market records a new historic drop for the peso. The US Dollar reaches 510 CUP, worsening inflation and the cost of living on the island.
News 2 min read
Euro Reaches Record 570 CUP in Cuba: The Peso Continues Its Fall
The Euro marks a new historic high of 570 CUP in the Cuban informal market. The Dollar remains at 505 CUP and the MLC rises to 410 CUP.
News 3 min read
Dollar Hits 505 CUP: Cuba's Central Bank Reacts Too Little, Too Late
Cuba's informal dollar hit 505 CUP on Feb. 20. The Central Bank raised its rate to 463 — but the 42-peso gap exposes a deepening currency crisis.
News 3 min read
Cuban peso hits historic low of 500 per dollar on informal market
The Cuban peso depreciated to 500 units per dollar, a new historic low amid economic pressure and US sanctions against the island.
News 2 min read
Cuba's Economy Contracted 5% in 2025: Study Reveals Crisis
Study confirms Cuba GDP decline, 1.5 million emigration, rising infant mortality. Critical juncture.
News 3 min read
Dollar Breaks 500 Cuban Peso Barrier in Black Market
The US dollar hit a historic high of 500 Cuban pesos, just two months after the government implemented a floating exchange rate to control the informal market.