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1 Peso INTUR
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | 1 Peso |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Central field features a detailed depiction of the Castillo de los Tres Reyes del Morro (El Morro Castle), a historic fortress situated on a rocky promontory above crashing waves, with its distinctive lighthouse tower rising prominently above the fortification walls. The legend INSTITUTO NACIONAL DE TURISMO curves along the upper periphery, while the date 1989 and the country name CUBA appear in the lower portion of the field, separated by raised dots. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | INSTITUTO NACIONAL DE TURISMO • 1989 • CUBA • (Translation: National Institute of Tourism 1989 Cuba) |
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| Additional information |
Cuba's INTUR pesos were a parallel currency issued exclusively for use by foreign tourists at special shops — the "tiendas de recaudación de divisas" — where imported goods unavailable to ordinary Cubans could be purchased. The system allowed the state to capture hard currency while enforcing a strict two-tier economy: Cubans using regular pesos had no access to these tokens, and possession by nationals was technically restricted.
By 1989, the Soviet subsidies propping up the Cuban economy were beginning to falter, making foreign tourist spending increasingly critical to state revenues.