Cuba Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Cuba's exchange rate was 0.82 in 1974, ranked 54th globally. This represents a 1.8% decrease from 1973. Data from World Bank, covering 1960–1974.
Overview
Cuba's exchange rate stood at 0.82 in 1974, a decline of +0.01 from 1973. Cuba ranked 54th globally.
Cuba’s official exchange rate fell from the 1960 baseline of 1.00 to a low of 0.82 in 1974, the year it ranked 54th globally according to World Bank data. The all‑time peak of 1.00 occurred in 1971, after which the rate gradually eroded, reaching its all‑time trough of 0.82 in the same year as the latest observation. Over the 15‑year coverage period the decline reflects the combined impact of post‑revolutionary fiscal pressures and limited access to hard currency, a pattern shared by other small economies such as Fiji, which posted a comparable rate of 0.81. The modest but persistent depreciation suggests that unless structural reforms or external inflows expand foreign exchange earnings, Cuba’s exchange rate is likely to remain constrained, with any future improvement contingent on policy shifts that boost productivity and attract investment.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 1974 | 0.82 | −0.01 | #54 |
| 1973 | 0.84 | −0.08 | #56 |
| 1972 | 0.92 | −0.08 | #58 |
| 1971 | 1.00 | +0.00 | #58 |
| 1970 | 1.00 | +0.00 | #59 |
| 1969 | 1.00 | +0.00 | #59 |
| 1968 | 1.00 | +0.00 | #59 |
| 1967 | 1.00 | +0.00 | #60 |
| 1966 | 1.00 | +0.00 | #60 |
| 1965 | 1.00 | +0.00 | #59 |
| 1964 | 1.00 | +0.00 | #59 |
| 1963 | 1.00 | +0.00 | #59 |
| 1962 | 1.00 | +0.00 | #58 |
| 1961 | 1.00 | +0.00 | #57 |
| 1960 | 1.00 | – | #58 |
Analysis
Cuba's exchange rate was 0.82 in 1974, a decline of −0.01 from 1973.
Frequently Asked Questions
Cuba's exchange rate was 0.82 in 1974. Ranked 54th globally. This represents a 1.8% decrease from the previous year.
Cuba's exchange rate peaked at 1.00 in 1960.
The lowest exchange rate in Cuba was 0.82 in 1974.
Cuba ranks 54th globally in exchange rate as of 1974.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
The exchange rate of Cuba in 1974 was 0.82. This ranks 54th in the world.
Cite this page
@misc{historysaid_cuba_exchange-rate,
title = {Cuba Exchange Rate},
url = {https://historysaid.com/cuba/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}