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50 Pesos

Issuer Banco Central de Cuba
Year 1998-2001
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Currency Cuban Peso (moneda nacional, 1914-date)
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Obverse description Intaglio portrait of General Calixto García Iñiguez at right, facing three-quarters left, his name inscribed below in capital letters. A decorative guilloche vignette occupies the centre-left, with the denomination numeral 50 rendered in large underprint behind the central lettering. The year of issue appears at upper left and lower left, with a signature of the Presidente del Banco below the central vignette.
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Reverse lettering REPÚBLICA DE CUBA
CENTRO DE INGENIERÍA GENÉTICA Y BIOTECNOLOGÍA
50
(Translation: Republic of Cuba / Centre for Genetic Engineering and Biotechnology / 50)
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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.