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

Issuer Banco Nacional de Cuba
Year 1985
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Printer Státní Tiskárna Cenin, Prague, Czech Republic (1953-date)
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Obverse lettering CERTIFICADO DE COMPRA
BANCO NACIONAL DE CUBA
DIEZ PESOS
10
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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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Comments

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.

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