10 Pesos Convertibles

Cuba's dual-currency system, formalized in 1994, created two parallel pesos — the Cuban Peso (CUP) for the general population and the Convertible Peso (CUC) pegged nominally to the US dollar. This note circulated in the CUC series, which functioned almost exclusively through tourist infrastructure, hard-currency shops, and the upper tier of the state economy. Ordinary Cubans were legally excluded from holding CUC until 1997, and the social tensions that framing produced never fully dissipated.

Impresos de Seguridad, the Cuban state security printer established in the 1990s, produced the entire CUC series domestically — a deliberate assertion of printing self-sufficiency. The CUC was ultimately abolished in January 2021 as part of a monetary unification that collapsed both currencies into a single CUP, rendering the entire convertible series obsolete overnight.