Dollar to Cuban Peso Exchange Rate Statistics and Trends

Author

Reads 554

Closeup of USA 20 dollar bills placed on black surface as national currency for business and personal financial operations
Credit: pexels.com, Closeup of USA 20 dollar bills placed on black surface as national currency for business and personal financial operations

The dollar to Cuban peso exchange rate has seen its fair share of fluctuations over the years. The exchange rate is currently around 1 USD = 24 CUP, but it's essential to stay updated on the latest trends.

Historically, the Cuban government has set a fixed exchange rate, which has been around 1 USD = 24 CUP since 2016. This rate has remained relatively stable despite global economic changes.

In 2019, the Cuban government introduced a new dual currency system, which includes the CUC (Cuban Convertible Peso) and the CUP. The CUC is pegged to the US dollar, while the CUP is used for domestic transactions.

The exchange rate has a significant impact on the daily lives of Cubans, particularly when it comes to international travel and purchases.

Conversion Tools

To convert US dollars to Cuban pesos, you'll need to use a reliable conversion tool. Simply type in the box how much you want to convert.

Credit: youtube.com, Dollars or Pesos? What to Know About Money in Cuba

To get started, select USD as the currency you want to convert from and CUP as the currency you want to convert to. You can do this by clicking on the dropdown menus.

Our currency converter will show you the current USD to CUP rate and how it's changed over the past day, week or month. This information is crucial for making informed decisions about your currency exchange.

You'll now see the value of the converted currency according to the most recent exchange rate. This is it, no complicated steps or calculations required.

Here's a quick rundown of the steps:

  • Type in the box how much you want to convert
  • Select USD as the currency to convert from and CUP as the currency to convert to
  • See the current USD to CUP rate and recent exchange rate changes

Conversion Statistics

The USD to CUP exchange rate has fluctuated over the last 30 days, with a 30 day high of 24.0286 and a 30 day low of 23.9435.

The 30 day average exchange rate is 23.9870, showing a change of 0.10. This means the exchange rate has been relatively stable.

Over the last 90 days, the 90 day average exchange rate was 23.9923, with a change of 0.13. This indicates a slight increase in the value of the Cuban Peso against the US Dollar.

1 to Stats

Close-up of two people exchanging US dollars and currency with wallets on a table.
Credit: pexels.com, Close-up of two people exchanging US dollars and currency with wallets on a table.

The 1 to CUP exchange rate has seen some fluctuations in the last 30 days, with a 30 day high of 24.0286 and a 30 day low of 23.9435.

The 30 day average for the USD to CUP exchange rate was 23.9870, indicating a relatively stable performance. The change for USD to CUP was 0.10.

In the last 90 days, the 90 day high for the USD to CUP exchange rate was 24.1048, while the 90 day low was 23.9435.

The 90 day average for the USD to CUP exchange rate was 23.9923, with a change of 0.13. This suggests a slight increase in the exchange rate over the past 90 days.

Here's a summary of the exchange rate performance:

9-Year High

The highest Cuban Peso to US Dollar exchange rate in the last 9 years was on May 16, 2022, when each Cuban Peso was worth 0.04167 US Dollars.

This rate is significantly lower than the highest rate we saw in the last year, which was on January 18, 2024, when the rate reached 0.04167 US Dollars per Cuban Peso.

Credit: youtube.com, Currency Exchange Rates - How To Convert Currency

The US Dollar has declined -2.95% against the Cuban Peso over the past 9 years, resulting in a loss of purchasing power compared to the Cuban Peso.

In contrast, the highest US Dollar to Cuban Peso exchange rate in the last 9 years was on August 9, 2017, when each US Dollar was worth 25.750 Cuban Pesos.

By Year

If you're looking to see how the exchange rate between the US Dollar and the Cuban Peso has changed over the years, you'll find some interesting stats in the By Year section of our Conversion Statistics article.

The 30-day average exchange rate for USD to CUP was 23.9870, with a 30-day high of 24.0286 and a 30-day low of 23.9435.

You can view the exchange rate between the US Dollar and the Cuban Peso for a particular year by clicking on the corresponding link in the US Dollar to Cuban Peso Rates by Year section.

The 90-day average exchange rate for USD to CUP was 23.9923, with a 90-day high of 24.1048 and a 90-day low of 23.9435.

Here are the years for which you can view exchange rates between the US Dollar and the Cuban Peso:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017

Lowest of the Year

1 Us Dollar Bill
Credit: pexels.com, 1 Us Dollar Bill

The lowest CUP to USD exchange rate in the last year was 0.04167 US Dollars per Cuban Peso on January 18, 2024.

That's a significant drop, and it's worth noting that exchange rates can fluctuate rapidly.

The lowest USD to CUP exchange rate in the last year was 24.000 Cuban Pesos per US Dollar on January 15, 2024.

This highlights the importance of keeping an eye on current exchange rates, especially if you're planning a trip to Cuba or doing business with the country.

Which Is Stronger?

The Cuban Peso is currently weaker than the US Dollar, with 1 USD equivalent to 24,000 CUP.

The US Dollar is stronger than the Cuban Peso, as 1 USD is equal to 24,000 CUP.

Over the past 9 years, the Cuban Peso has appreciated by +3.03% against the US Dollar, meaning it has gained purchasing power compared to the US Dollar.

The exchange rate between the Cuban Peso and the US Dollar is 1 CUP to 0.04167 USD.

As of January 18, 2025, 100 Cuban Pesos is equivalent to 4.1667 US Dollars, based on an exchange rate of 0.04167 USD per Cuban Peso.

Conversion Rates

Credit: youtube.com, 1 USD to CUP US Dollar to Cuban Peso Exchange Rates Today 13 June 2024

To get the best exchange rate, it's essential to know the current CUP to USD rate. As of January 18, 2025 02:00 PM UTC, the best CUP to USD exchange rate is 0.04167 USD.

You can easily find the current exchange rate by checking online currency converters. These tools will show you the current USD to CUP rate and how it's changed over the past day, week, or month.

To convert US dollars to Cuban pesos, you'll need to use a reliable currency converter. Simply type in the box how much you want to convert, select USD as the currency you want to convert from, and CUP as the currency you want to convert to.

Here's a quick rundown of the current exchange rates:

Keep in mind that exchange rates can fluctuate constantly, so it's always a good idea to check the current rate before making any conversions.

James Hoeger-Bergnaum

Senior Assigning Editor

James Hoeger-Bergnaum is an experienced Assigning Editor with a proven track record of delivering high-quality content. With a keen eye for detail and a passion for storytelling, James has curated articles that captivate and inform readers. His expertise spans a wide range of subjects, including in-depth explorations of the New York financial landscape.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.