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USD USD CUP CUP Rate as of2026-05-20

USD to CUP Converter.

Current rate

1 USD = 24 CUP as of 2026-05-20. Cuba operates a dual-rate regime: the official USD-CUP rate is fixed near 24 for state transactions, while the informal street rate hovers near 370 as of mid-2026 due to chronic dollar scarcity. Search volume is dominated by Cuban-American families in Miami and Tampa navigating the gap between the two rates when sending remittances.

💱

USDCUP Converter

$
🇺🇸 $1.00 = 🇨🇺
CUP 24.00
Rate: 1 USD = 24.0000 CUP
Common conversions
🇺🇸 USD🇨🇺 CUP
$1.00CUP 24.00
$10.00CUP 240.00
$100.00CUP 2,400.00
$500.00CUP 12,000.00
$1,000.00CUP 24,000.00
$5,000.00CUP 120,000.00
$10,000.00CUP 240,000.00
$50,000.00CUP 1,200,000.00
$100,000.00CUP 2,400,000.00
✨ Mid-market rate · as of 2026-05-20 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
24
1 USD = CUP
1 year ago
24
↓ 0.0% in 12 months
5 years ago
24
↓ 0.0% in 5 years
🔢 Quick reference

USD to CUP conversion table.

Common US Dollar amounts converted to Cuban Peso at today's rate of 1 USD = 24 CUP. The reverse holds too: 1 CUP = 0.0417 USD.

USD → CUP
1 USD 24 CUP
5 USD 120 CUP
10 USD 240 CUP
25 USD 600 CUP
50 USD 1,200 CUP
100 USD 2,400 CUP
500 USD 12,000 CUP
1,000 USD 24,000 CUP
5,000 USD 120,000 CUP
10,000 USD 240,000 CUP
CUP → USD
1 CUP 0.0417 USD
5 CUP 0.2083 USD
10 CUP 0.4167 USD
25 CUP 1.04 USD
50 CUP 2.08 USD
100 CUP 4.17 USD
500 CUP 20.83 USD
1,000 CUP 41.67 USD
5,000 CUP 208.33 USD
10,000 CUP 416.67 USD
💡 About this corridor

Why people convert USD to CUP.

The USD/CUP corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Cuban Peso side, demand comes from dual-rate regime (official 24 vs informal 370), OFAC sanctions block bank wires, and Cuban-American Miami diaspora. Because both sides see steady two-way flow, USD/CUP is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the US Dollar has moved down 0.0% against the Cuban Peso, and over five years it has weakened about 0.0% (from 24 to 24). If you're sending money on this corridor, that trend matters: a falling rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Cuban Peso you receive by a meaningful margin.

Getting the best USD → CUP rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-20 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to CUP FAQ.

Who converts USD to CUP?
The 2.4 million Cuban diaspora in Florida and New Jersey sending family remittances, plus tourists from Canada, Spain, and Mexico converting at CADECA booths inside Havana hotels.
Best way to send USD to Cuba?
Western Union resumed limited Cuba service in 2023; VaCuba, CubaMax, and Fonmoney handle MLC (foreign-currency) card top-ups that bypass the CUP rate entirely. Direct bank wires remain blocked by US Treasury OFAC sanctions.
Why are there two USD-CUP rates?
Cuba unified its old CUC system in 2021 but quickly developed a parallel informal market because the official 24 rate doesn't reflect dollar scarcity. The street rate exceeded 370 by 2026 as the economic crisis deepened.