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100 Pesos

Issuer Banco Nacional de Cuba
Year 1961
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Size 150 × 70 mm
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Obverse lettering BANCO NACIONAL DE CUBA CIEN CIEN PESOS PESOS CARLOS MANUEL DE CESPEDES GARANTIZADO INTEGRAMENTE CON EL ORO, CAMBIO EXTRANJERO CONVERTIBLE EN ORO Y TODOS LOS DEMÁS ACTIVOS DEL BANCO NACIONAL DE CUBA. ESTE BILLETE CONSTITUYE UNA OBLIGACIÓN DEL ESTADO CUBANO.
(Translation: National Bank of Cuba One hundred One hundred Pesos Pesos Carlos Manuel de Céspedes Fully Guaranteed with the gold, foreign exchange convertible into gold and all the other assets of the National Bank of Cuba This note constitutes an obligation of the Cuban State.)
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Reverse lettering REPUBLICA DE CUBA ATAQUE AL MONCADA 26 DE JULIO DE 1953 100 100 ESTE BILLETE TIENE CURSO LEGAL Y FUERZA LIBERATORIA ILIMITADA, DE ACUERDO CON LA LEY, PARA EL PAGO DE TODA OBLIGACIÓN CONTRAÍDA O A CUMPLIR EN EL TERRITORIO NACIONAL.
(Translation: Republic of Cuba Attack to Moncada July 26th., 1953 100 100 This note is legal tender and has unlimited liberatory force, in accordance with the law, for payment of all obligations, contracted or to be fulfilled, on the whole national territory)
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Cuba's shift to Czechoslovak printing in the early 1960s was a direct consequence of the U.S. trade embargo and the collapse of relations with the American Banknote Company, which had supplied Cuban notes for decades. The Státní Tiskárna Cenin contract was part of a broader realignment of Cuban economic infrastructure toward the Eastern Bloc following the Revolution.

P#99 is among the first issues produced under that arrangement. The 1961 date places it squarely in the period between the Bay of Pigs invasion in April and the formal declaration of Cuba as a socialist state in December of that year — a politically turbulent window during which currency confidence was far from guaranteed.