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1 Peso Convertible
| Issuer | Banco Central de Cuba |
|---|---|
| Year | 2006-2017 |
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| Composition | Log in to see details |
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| Printer | Impresos de Seguridad, Havana, Cuba |
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| Obverse description | The right half of the note carries a vignette of the José Martí monument in Havana's Plaza de la Revolución, rendered in olive-green and blue tones, with the obelisk tower and the seated statue of Martí visible beneath a star motif. A large multicolour guilloche rosette dominates the centre, with the bold denomination "UN PESO" overprinted in intaglio, surrounded by fine-line underprint in gold and green. The issuer's name and Banco Central de Cuba monogram appear at upper left, with the serial number and year printed in magenta, and a convertibility clause inscribed in small letterpress text below the central vignette. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The central vignette presents a finely engraved intaglio scene of the death of José Martí in battle at Dos Ríos, with mounted horsemen in close combat set against a rural landscape with trees and open field. A caption in letterpress identifies the scene below the vignette. The surrounding field is covered with a dense guilloche underprint in pink and yellow tones, with a braided columnar border element along the right edge and numeral "1" corner pieces incorporating star motifs. |
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| Comments |
The convertible peso — the CUC — was introduced in 1994 as a tourist currency designed to capture hard-currency spending while keeping ordinary Cubans on the standard peso. This note circulated within a dual-currency system that was, by design, a mechanism of economic segregation: CUC-denominated goods and services were legally inaccessible to most wage earners until the system's eventual unification in January 2021.
Printed domestically by Impresos de Seguridad rather than contracted abroad, the series reflects Cuba's investment in sovereign printing capacity. Security provision is minimal — watermark only — which is consistent across the CUC series and a known vulnerability that facilitated counterfeiting during the note's later years of circulation.