The CUP/USD pair shows how many US Dollars are needed to buy one Cuban Peso, reflecting Cuba's dual-currency system and its limited convertibility.
The curve shows the change in one unit of CUP expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.
Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.
Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.
Du au · 21 observations
The CUP/USD directed currency pair expresses the value of the Cuban Peso (CUP) in terms of the US Dollar (USD). As a directed pair, it indicates how many US Dollars are required to purchase one Cuban Peso. This pair is primarily used for analytical and historical reference, as the Cuban Peso is not freely traded on international markets. An appreciation of the CUP means that fewer USD are needed to buy one CUP, implying a strengthening of the Cuban currency relative to the dollar.
Structural drivers for CUP/USD are unique due to Cuba's centrally planned economy and its dual-currency system, which historically included the Cuban Convertible Peso (CUC) alongside the CUP. The monetary authority is the Central Bank of Cuba, which sets official exchange rates that often differ from informal market rates. Key factors include US economic sanctions, Cuba's trade balances, tourism revenues, remittances, and domestic inflation. The US Federal Reserve's monetary policy influences USD strength globally, but the CUP's value is largely determined by Cuban government policy rather than market forces.
Over the past several years, the CUP has experienced significant devaluation against the USD, particularly following the 2021 monetary unification that eliminated the CUC. The official exchange rate has been adjusted periodically, while the informal market rate has often traded at a substantial premium. Without specific historical data, it is important to note that the CUP/USD rate is subject to abrupt changes due to government decrees, making long-term trends difficult to predict. Users should consult official Cuban sources for the most current rates.
This analysis is provided for information only and is neither a forecast nor financial advice.
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| Date UTC | Rate | Change |
|---|---|---|
| 0,04166667 | +0% | |
| 0,04166667 | -0.41% | |
| 0,04183833 | +0.41% | |
| 0,04166667 | +0% | |
| 0,04166667 | -0.09% | |
| 0,04170605 | -0.04% | |
| 0,04172156 | +0.01% | |
| 0,04171684 | +0.02% |
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Displayed source: api.forex. Indicative values are used only as a visual fallback.