Catalog
1 Peso
| Issuer | Cuba |
|---|---|
| Year | 1992-2022 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Milled |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | A facing portrait of José Julián Martí Pérez (1853–1895), Cuban patriot and independence leader, is centered in the field. The curved motto PATRIA O MUERTE (Fatherland or Death) arcs along the upper legend, while the denomination is expressed as the numeral 1 with the word PESO superimposed upon it, positioned to the left of the portrait. The design is enclosed within an endecagonal (11-sided) inner border with a beaded rim, consistent with the obverse treatment. |
| Reverse script | Latin |
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| Edge | Log in to see details |
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| Additional information |
Cuba introduced this brass-plated steel peso in 1992 as a cost-cutting measure following the collapse of Soviet subsidies, which had been propping up the island's economy to the tune of roughly $4–6 billion annually. The loss of that support triggered the "Special Period in Time of Peace" — a government euphemism for severe austerity — and the coinage system was quietly debased as part of broader monetary contraction.
The dual-currency system that ran alongside this issue, separating CUP from the convertible CUC peso, was formally abolished in January 2021.