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5 Pesos 'D' Foreign Exchange Certificate-Round 'D'
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1985 |
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| Value | Log in to see details |
| Currency | Cuban Peso (moneda nacional, 1914-date) |
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| Obverse description | The obverse is printed in red-brown on a cream ground with a large green guilloche underprint at centre. At left, the circular seal of the Banco Nacional de Cuba shows the Cuban coat of arms. At right, a circular vignette carries a bold letter 'D' within radiating engine-turned lines. The denomination '5 CINCO PESOS' appears at centre, with the serial number and prefix 'CA' printed twice in red-brown at upper left and lower right. The trilingual header reads EXCHANGE CERTIFICATE / CERTIFICADO DE DIVISA / CERTIFICAT DE DEVISE across the top. |
|---|---|
| Obverse lettering | EXCHANGE CERTIFICATE CERTIFICADO DE DIVISA CERTIFICAT DE DEVISE BANCO NACIONAL DE CUBA CINCO PESOS 5 |
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| Comments |
Cuba's Foreign Exchange Certificates were a parallel currency system introduced to capture hard currency from tourists and foreign workers while keeping it out of the general peso economy. The "D" series — distinguished by an overprinted or incorporated "D" designator — was restricted to socialist-bloc visitors, a deliberate two-tier arrangement that separated capitalist-source dollars from funds arriving via COMECON channels. Whether that distinction was rigorously enforced at the point of exchange is another matter entirely.
Státní Tiskárna Cenin in Prague printed much of Cuba's paper currency output during this period, a natural arrangement given the political alignment. The FX certificate series as a whole was abolished in 1989, meaning the circulating life of these notes was short.