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20 Pesos 'C' Foreign Exchange Certificate-Narrow 'C'

Issuer Banco Nacional de Cuba
Year 1985
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Value 20 Pesos (20 CUP)
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Obverse lettering CERTIFICADO DE COMPRA
BANCO NACIONAL DE CUBA
VEINTE PESOS
20
EC
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Reverse lettering VEINTE PESOS
20
FIRMA DEL TENEDOR
EN PRESENCIA DEL PAGADOR
FECHA DE EMISIÓN
FIRMA DEL TENEDOR
CADUCA A LOS CINCO AÑOS DE EMITIDO
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Comments

Cuba's Foreign Exchange Certificate series was created to siphon hard currency away from the parallel black market while giving tourists and diplomats a controlled medium of exchange — pesos that couldn't legally be used by ordinary Cubans. The "C" series, distinguished from the earlier "A" and "B" issues, was introduced in the mid-1980s as the government tightened oversight of dollar-denominated transactions through the Cubatur and INTUR retail networks.

The narrow "C" variety is a positional printing distinction within the series, not a separate issue — collectors differentiate it from the wide "C" by the typography of the overprint alone. Printed domestically by Impresos de Seguridad rather than contracted abroad, these certificates are among the few Cuban notes of the period produced entirely on the island.

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