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50 Pesos 'B' Foreign Exchange Certificate

Issuer Banco Nacional de Cuba
Year 1985
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Reference(s) P#FX10
Obverse description The Banco Nacional de Cuba logo appears at left, with the face value rendered in alphanumeric form at centre. A large letter 'B' within a circle occupies the right portion of the note, serving as the series identifier for this Foreign Exchange Certificate. Serial numbers are positioned at upper left and lower right, with the issuer name inscribed below the central value.
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Reverse lettering CINCUENTA PESOS
CASTILLO DE LA CHORRERA, CIUDAD DE LA HABANA, 1646
50
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Cuba's Foreign Exchange Certificate series — introduced in the 1980s to capture hard currency from tourists and Cubans receiving remittances — operated as a parallel monetary system designed to wall off dollar-equivalent purchasing power from the peso economy. The 'B' series was specifically designated for use by foreign visitors, while a separate 'A' series circulated among Cuban nationals entitled to foreign exchange. The distinction mattered: each series was redeemable only in its corresponding network of dollar stores.

Státní Tiskárna Cenin, the Czechoslovak state security printer, produced the series — a logical choice given Cuba's close economic ties with COMECON partners throughout the period.

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