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10 Pesos 'C' Foreign Exchange Certificate-Round 'C'

Issuer Banco Nacional de Cuba
Year 1985
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Value 10 Pesos (10 CUP)
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Reverse description Plain light blue reverse with a fine guilloche underprint. The denomination 10 appears in each corner. DIEZ PESOS is printed in bold at centre. Lines for bearer validation are provided, with the inscriptions FIRMA DEL TENEDOR EN PRESENCIA DEL PAGADOR at upper centre, and FECHA DE EMISION and FIRMA DEL TENEDOR at lower left and right respectively. A notice at the bottom reads CADUCA A LOS CINCO AÑOS DE EMITIDO.
Reverse lettering DIEZ PESOS
FIRMA DEL TENEDOR
EN PRESENCIA DEL PAGADOR
FECHA DE EMISION
FIRMA DEL TENEDOR
CADUCA A LOS CINCO AÑOS DE EMITIDO
10
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Cuba's Foreign Exchange Certificate system was designed to capture hard currency from tourists and foreign workers while keeping dollars out of ordinary Cubans' hands — possession of US currency remained a criminal offense until 1993. The "C" series, distinguished by a round overprint on the face, circulated in parallel with the convertible peso and the regular peso, creating a three-tier system that generated both confusion and a thriving black market. The round "C" variant is generally considered scarcer than the angular overprint issues.

Státní Tiskárna Cenin in Prague handled much of Cuba's security printing throughout the Soviet-aligned period, a relationship that persisted well into the 1990s.