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100 Pesos Convertibles
| Issuer | Banco Central de Cuba |
|---|---|
| Year | 2006-2007 |
| Type | Log in to see details |
| Value | 100 Pesos (100 CUC) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Full-length statue of Carlos Manuel de Céspedes on a pedestal occupies the right portion of the note against a red and pink guilloche underprint, with a five-pointed star to the lower right. The denomination "CIEN PESOS" is printed in large intaglio letters at centre, with "pesos convertibles" below. The Banco Central de Cuba logo appears at upper left alongside the serial number and the president's signature with title "PRESIDENTE DEL BANCO". |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | José Martí portrait and electrotype numeral "100". |
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| Comments |
The "pesos convertibles" system was Cuba's two-currency experiment, introduced in 1994 to absorb tourist dollars after the Soviet collapse gutted the peso's purchasing power. The CUC, pegged one-to-one with the US dollar, created a parallel economy that ordinary Cubans could access only through remittances or state-approved employment in tourism — a structural division that lasted until the system's gradual unification beginning in 2021.
The P#FX52 designation places this squarely in the foreign-exchange series, meaning it was never legal tender in the conventional sense but rather a convertible instrument within Cuba's controlled exchange framework.