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1 Peso
| Issuer | Cuba |
|---|---|
| Year | 1992-2022 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Cuban Peso (moneda nacional, 1914-date) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Obverse description | The Cuban national coat of arms occupies the central field, featuring the traditional escutcheon with a royal palm, rising sun, and key flanked by fasces, surmounted by the Phrygian cap and surrounded by an oak and laurel wreath. The curved legend REPUBLICA DE CUBA runs along the upper periphery, and the date appears in the exergue. The design is framed by an endecagonal (11-sided) inner border accompanied by a beaded rim. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | PATRIA O MUERTE 1 PESO (Translation: Fatherland or Death 1 Peso) |
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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.