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50 Pesos 'C' Foreign Exchange Certificate-Round 'C'

Issuer Banco Nacional de Cuba
Year 1985
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Currency Cuban Peso (moneda nacional, 1914-date)
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Obverse lettering CERTIFICADO DE COMPRA
BANCO NACIONAL DE CUBA
50
Reverse description Plain light blue reverse with a fine guilloche underprint. The bold inscription 'CINCUENTA PESOS' is centred, with the numeral '50' superimposed in a slightly darker tone. At upper centre, a signature line reads 'FIRMA DEL TENEDOR EN PRESENCIA DEL PAGADOR'. At lower left 'FECHA DE EMISION' and at lower right 'FIRMA DEL TENEDOR' are printed, with the legend 'CADUCA A LOS CINCO ANOS DE EMITIDO' along the bottom.
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Comments

Cuba's Foreign Exchange Certificate system was built to siphon hard currency away from the general peso economy. Tourists and diplomats were required to exchange dollars for these certificates, which were then accepted at dollar-equivalent prices in state-run Diplotiendas — shops otherwise inaccessible to ordinary Cubans holding pesos. The 'C' series, distinguished by a rounded overprint rather than the angular letters of earlier issues, circulated from 1985 and was specifically tied to the tourist circuit as the regime tightened controls on who could access imported goods.

Státní Tiskárna Cenin, the Czechoslovak security printer, handled the entire FX certificate run — a logical choice given Cuba's alignment with the Soviet bloc throughout this period.

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