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1 Peso
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1995 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 150 × 70 mm |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Portrait of José Martí at left, with his name inscribed below; the face value appears at centre in both numerals and letters; the issuer's name runs along the top margin; the coat of arms of the Banco Nacional de Cuba is positioned to the upper right. Printed in olive green with red serial numbers. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | REPUBLICA DE CUBA 1 PESO ENTRADA A LA HABANA 8 DE ENERO DE 1959 1 PESO ESTE BILLETE TIENE CURSO LEGAL Y FUERZA LIBERATORIA ILIMITADA, DE ACUERDO CON LA LEY, PARA EL PAGO DE TODA OBLIGACIÓN CONTRAÍDA O A CUMPLIR EN EL TERRITORIO NACIONAL UN PESO (Translation: Republic of Cuba 1 Peso Entrance to Havana, January 8th, 1959 1 Peso This note is legal tender and has unlimited liberatory force, in accordance with the law, for payment of all obligations, contracted or to be fulfilled, on the whole national territory One Peso) |
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| Comments |
Cuba's capacity to print its own security paper by the mid-1990s was not incidental — it was a direct response to the U.S. embargo, which complicated procurement of banknote paper and foreign printing contracts for decades. Impresos de Seguridad, the state security printing facility in Havana, had been producing notes domestically since the early 1980s, reducing that dependency.
The 1995 date places this note deep in the "Special Period," the severe economic contraction that followed the Soviet Union's collapse and the abrupt end of preferential trade arrangements Cuba had relied on since 1960. The peso's purchasing power had collapsed in practice, with a thriving parallel dollar economy operating openly alongside it.