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3 Pesos Convertibles
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1994 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Convertible peso (1994-2020) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The Cuban national arms occupy the centre of the reverse, with the country name inscribed along the top. The face value appears in numerals and words at upper right, with a further numeral at lower left beneath a five-pointed star, all set against a guilloche underprint. |
| Reverse lettering | REPUBLICA DE CUBA 3 PESOS CONVERTIBLES 3 (Translation: Republic of Cuba 3 Convertible Pesos 3) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Cuba's convertible peso series was introduced in 1994 as part of a dual-currency system designed to capture foreign exchange revenue while ring-fencing hard currency from the ordinary peso economy. The CUC-denominated notes — of which this is one — circulated legally only in tourist shops, hotels, and state-run hard-currency outlets, effectively creating a two-tier monetary system that persisted until 2021.
Thomas De La Rue's involvement here is unremarkable for the period; they printed much of the Cuban convertible series. The watermark is the sole listed security feature, which places this firmly at the lower end of the production specification for the issue.