Silver price in Cuban Peso (CUP) — Cuba
Today, 999 fine silver costs about 830.71 CUP per gram in Cuba — roughly 25,838 CUP per troy ounce and 830,710 CUP per kilogram. Prices come from the global XAG/USD spot rate, converted into Cuban Peso at Cuba's parallel-market exchange rate.
How the silver price in CUP is calculated
Silver is quoted internationally in US dollars per troy ounce (XAG/USD). To express it in Cuban Peso, we convert the spot price to a per-gram figure, apply the purity factor, and convert to CUP at Cuba's parallel exchange rate — the rate at which dollars actually trade, rather than the lower official Central Bank of Cuba (BCC) rate.
Silver units and purities (gram, ounce, kilogram)
One troy ounce equals 31.1035 grams and one kilogram is 1,000 grams, so the per-ounce price is the per-gram price times 31.1035, and the per-kilo price is times 1,000. Purity is given in thousandths: 999 is fine (investment) silver, 925 is sterling, 900 and 800 are common in coins. A 925 piece is worth about 92.5% of the 999 price for the same weight.
Why silver prices follow the parallel market in Cuba
Cubans price much of daily life off the "mercado informal" dollar rate, which trades far above any official conversion. Like gold, silver is a dollar-priced store of value, so its CUP price climbs as the parallel rate weakens. Tracking silver in Cuban Peso gives a low-cost read on the same currency pressures that move gold and the street dollar.