Dollar in Cuba › Types of dollar
Dollar types in Cuba
In Cuba There is not a single price of the dollar. These are the ones we publish, what is each and when it should be looked at.
BCC floating dollar
What it means
It is the floating rate (segment III) of the Central Bank of Cuba, that changes every day. It is the closest to the market of the three official rates.
Publisher
The Central Bank of Cuba (BCC).
When it is used
For the purchase and sale of foreign exchange of persons in banks and exchange houses (CADECA) and for the operations that the BCC assigns to this segment.
How it is updated
The BCC published every day.
Where the number comes from
BCC, rates of exchange (API public).
BCC public rate
What it means
It is the rate of segment II, fixed at 120 pesos per dollar.
Publisher
The Central Bank of Cuba (BCC).
When it is used
For operations that BCC assigns to this segment (including part of those of state and joint ventures).
How it is updated
It is fixed: it changes only if the BCC It decides.
Where the number comes from
BCC, rates of exchange (API public).
BCC official rate
What it means
It's the rate of segment I, fixed at 24 in the monetary unification of the 2021.
Publisher
The Central Bank of Cuba (BCC).
When it is used
For the accounting and operations of the State sector and the budget.
How it is updated
It is fixed: it changes only if the BCC It decides.
Where the number comes from
BCC, rates of exchange (API public).
What about the informal rate?
In the street the dollar is quoted different from the rates of the BCC. The most mentioned reference is the representative rate of the informal market (TRMI) of ELTOQUE, its conditions of use do not allow to copy it without access to its API, So we don't show it here: you can see it in your place. We don't publish the MLC rate either, because the BCC does not inform.
Frequently asked questions
How many types of dollars are there in Cuba?
We publish 3: Dollar BCC floating, Public tax BCC, Official rate BCC. The official reference is the Dollar. BCC floating; to really buy or sell you have to look at the price of the bank or the exchange house.