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50 Pesos

Issuer Banco Central de Cuba
Year 1998-2001
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Size 150 × 70 mm
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Obverse lettering BANCO CENTRAL DE CUBA
CINCUENTA PESOS
CALIXTO GARCIA IÑIGUEZ
PRESIDENTE DEL BANCO
AÑO 1999
(Translation: Central Bank of Cuba / Fifty Pesos / Calixto Garcia Iniguez / President of the Bank / Year 1999)
Reverse description Central vignette presents an intaglio rendering of the Centro de Ingeniería Genética y Biotecnología (Centre for Genetic Engineering and Biotechnology) complex in Havana, set within an ornate guilloche border. The multi-storey modernist building complex is shown in a wide landscape perspective with surrounding grounds and vegetation. The denomination numeral 50 appears at lower right within a guilloche frame.
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Comments

Cuba's post-Soviet economic collapse forced a prolonged dual-currency experiment that lasted well into the 2000s. These notes circulated alongside the convertible peso (CUC) introduced in 1994, but for ordinary Cubans paid in moneda nacional, the 50-peso denomination represented a significant sum — roughly a third of a typical monthly state salary during this period.

The series ran across several years with only minor variation between dates, making precise year attribution dependent on careful examination of the printed date rather than any design change.