5 Pesos

Cuba's shift to Chinese printers for this series reflected a post-Soviet reality taking shape even before the USSR's formal dissolution — Moscow's subsidies were collapsing, and Havana was scrambling to maintain basic state functions including currency production. The China Banknote Printing and Minting Corporation had been aggressively expanding its client base among socialist and developing-world governments through the 1980s, and Cuba became one of its more politically symbolic contracts.

P#108 carried a watermark as its sole mechanical security feature — thin protection for a denomination that would soon be rendered nearly meaningless by the peso's catastrophic purchasing power decline during the Special Period beginning in 1990–91.