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

Issuer Banco Nacional de Cuba
Year 1985
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Reference(s) P#FX18
Obverse description Light blue note with the denomination numeral '500' printed in each corner. A large central guilloche vignette in red-orange carries the numeral '500' with the text 'QUINIENTOS PESOS' across it, flanked on the left by the circular seal of the Banco Nacional de Cuba and on the right by a concentric-ring guilloche rosette. The header reads 'CERTIFICADO DE COMPRA' and the issuer inscription 'BANCO NACIONAL DE CUBA' appears at the foot, with the serial number prefix 'HA' and six-digit number printed twice.
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Reverse lettering FIRMA DEL TENEDOR
EN PRESENCIA DEL PAGADOR
500
QUINIENTOS PESOS
FECHA DE EMISION
FIRMA DEL TENEDOR
CADUCA A LOS CINCO ANOS DE EMITIDO
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Cuba's Foreign Exchange Certificate series was a parallel currency system introduced in 1981 to capture hard currency from tourists and diplomats while keeping it separate from the peso economy available to Cuban nationals. The "C" series, distinguished by its round overprint, replaced the earlier "A" series and was itself eventually superseded — the entire FEC program was finally abolished in 2004 when Cuba unified its currency system around the convertible peso.

Státní Tiskárna Cenin, the Czechoslovak state security printer, produced Cuban banknotes throughout the Cold War period, a natural pairing given the two countries' close political alignment after 1959. The 500 Peso denomination sat at the top of the FEC range — an enormous face value in a system where most transactions involved single-digit certificates.

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