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20 Pesos

Issuer Banco Nacional de Cuba
Year 1961-1965
Type Standard circulation banknote
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Obverse description At centre, an oval intaglio portrait vignette of revolutionary commander Camilo Cienfuegos is framed by guilloche ornaments, with his name inscribed in a panel below; the issuer title arches across the top margin and the face value is rendered in words along both lateral borders. The note is executed predominantly in blue, with red serial numbers printed by letterpress.
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Reverse description The reverse carries a multicolour patriotic vignette illustrating the landing of the Granma on 2 December 1956, with the country name inscribed across the top margin and the face value expressed in both numerals and words along the lateral borders.
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Comments

The shift to a Czech state printer for Cuban banknotes reflects the rapid reorientation of the economy after 1959. Czechoslovakia was among the first COMECON partners to provide Cuba with technical and industrial support, and currency printing was part of that arrangement — the Státní Tiskárna Cenin contracts covered the early revolutionary series at a moment when Cuba's relationship with De La Rue and other Western printers was no longer tenable.

P#97 runs across a four-year window that brackets the 1961 nationalization of the banking sector and the formal abolition of private financial institutions in Cuba.

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