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1 Peso 'B' Foreign Exchange Certificate
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | 1 Peso (1 CUP) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A finely engraved intaglio vignette occupies the central field, presenting a panoramic view of the Castillo San Salvador de la Punta in Havana as it appeared in 1600, with stone ramparts, corner towers, and cannon emplacements rendered in precise detail. The caption 'CASTILLO SAN SALVADOR DE LA PUNTA, CIUDAD DE LA HABANA, 1600' is inscribed above the vignette. The denomination 'UN PESO' appears at upper right and lower left, framed by a decorative guilloche border in green throughout. |
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| Protection type | Watermark |
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| Comments |
Cuba's dual-currency system produced two parallel series of foreign exchange certificates in the 1980s — one backed by convertible ("hard") currencies, one by socialist-bloc currencies. The "B" series, distinguished by its blue serial prefix, was specifically for visitors arriving with Soviet, East German, Czech, or other COMECON currencies. Holders were restricted to designated "B" shops, which stocked considerably less than the dollar-backed "A" circuit stores. The practical effect was a three-tier purchasing hierarchy: hard currency tourists, bloc-currency visitors, and ordinary Cubans.
Státní Tiskárna Cenin in Prague printed the entire FX series — a logical arrangement given Cuba's close economic ties with Czechoslovakia throughout this period.