In 1994 the circulation of the new Cuban convertible peso is introduced in the country. It is equivalent to one American dollar, in order to facilitate transactions in foreign exchange with a monetary sign of our own.
They were issued by Banco Nacional de Cuba with the face values of 1, 3, 5, 10 50 an d 100 convertible pesos to be accepted by the commercial network of assets and services operating in foreign exchange.
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General Aspects:
Front:
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As the main vignette a partial view of monuments of heroes of our independence and liberation wars.
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Different colours for each denomination.
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Denominations in letters, arabic numbers and Braille system.
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The series composed by two letters and two digits, and the number integrated by six digits.
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The signature of the president of the Banco Nacional de Cuba.
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Year of printing: 1994.
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Text stating its monetary and exchange guarantee for freely convertible currency.
Back:
Common design to all denominations.The vignette corresponding to the national shield of the Republic of Cuba.
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Denomination in numbers.
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Text stating its unlimited legal tender.
Size: 150 x 70 mm.
To know the specific characteristics as well as the enlarged image of each denomination makes click above the image.
Security items for all denominations:
- Water mark (Visible against the light José Martí's effigy).
- Security thread microprinted with the text “PATRIA O MUERTE VENCEREMOS ”.
- Motive with perfect coincidence front/back (5 points star).
- Latent Image. The legend BNC can be read at a certain visual angle.
- Calcographic Microprinted (en relieve).
- Lithographic Microprinted luminiscent under ultraviolet light.
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Convertible pesos coins
The first coinage of the convertible currencies was carried out in the year 1994 with facial values of 5, 10, 25 and 50 convertible cents and 1 convertible peso, being carried out its emission at the beginning of the following year.
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In the obverse they have engraving in relief their facial value expressed in numbers and the name of the vignette corresponding to the historical-cultural reasons that they show, while in the reverse the national shield appears as main element.