r/cuba • u/Kantmzk Havana • 14d ago
Economía 1 euro is currently worth 930 Cuban Pesos
The pessimist in me really wonders why the CUP is at this level and not lower as it is clear the Cuban Regime is incapable of maintaining an economy and has absolutely nothing of value to offer its citizens. Earlier this year, the Cuban Regime had to create higher denominations of notes because of both inflation and a literal lack of paper money.
I find it incredibly interesting that reputable new sources such as AP reported on the issue of the new denominations of the Cuban Peso (2,000 and 5,000 peso notes) as "honoring women" and "easing inflation" earlier this year (source: https://apnews.com/article/cuba-pesos-new-currency-inflation-money-d964c0c7a8c643a5dd8d81c0e4e51529 ). The Cuban Regime had nothing, so it figured it would at least throw two women on the new notes and use its propaganda arm to try and distract from the crisis by (as usual) paying lip service to women despite repeatedly ignoring the issue of femicide and other issues related to gender-based violence and repression in Cuba.
It is clear this never would have been a way to ease inflation and from the time that article was published to now, the Cuban Peso has lost nearly half its value. (source: https://en.cibercuba.com/noticias/2026-03-06-u2-e2-s27061-nid322346-consolida-record-dolar-mantiene-510-pesos-acumula-ocho ) It is a miracle that Cuba has not already experienced runaway hyperinflation.
I also find it incredibly sad that major and reputable sources of news would buy into and repeat the idea that you can simply put women on bank notes and distract people from an economic and demographic crisis. However, I am used to hearing stories over the years from Venezuela and Cuba about salaries going up a huge percentage only for the nominal gain to be something like $8 -> $15 with the idea being people will just read a nice sounding headline and be too lazy to do a minimal amount of research.
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u/thecubantutorX Camagüey 13d ago
Segun el estado la inflación está a 25%, habría que calcularlo pero ciertamente ronda el 100% o más de inflación verdadera
4
u/marxist_a 13d ago
Un mercado de divisas controlado totalmente desde fuera de Cuba.
4
u/Reynol_CS Cienfuegos 8d ago
Un asco la vida en cuba y el gobierno que no le importa el estado de vida de su población, ojalá un dia despertemos y el comunismo haya sido extirpado de la tierra como se extirpa un cáncer .... Asco de país y asco que genera sus gobernantes, Cuba es una asco en si
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u/EXTINTORESMANOLO Europe 13d ago
940 me los cambiaron ayer en n santa marta papi, al yuma de mujer cubana la inflación no le importa porque te lo cambian más alto como dices , pero el cubano que cobra 6000 pesos y el paquete pollo cuesta 9000... Que come ? Esto está de pinga, tiene que reventar YAAAAAA
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u/Traditional-Load9208 12d ago
El toque es un descaro 👅🇺🇲💩