1 Peso Nationalization of Banking and Martí death

Cuba brought its banknote production entirely in-house in the early 1990s, and this note — printed at the state security printing works in Havana — was among the first fruits of that shift. Prior series had relied on foreign printers, including the Soviet-era GOZNAK. Printing domestically was a political statement as much as a logistical one, made sharper by the Special Period's hard currency shortages that made foreign contracts increasingly difficult to sustain.

The P#114 series commemorates the 1960 nationalization of the Cuban banking sector, one of the earliest and most sweeping structural moves of the Revolution. José Martí's death centenary in 1995 gave the issue its dual commemorative framing.