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10 Pesos Convertibles
| Issuer | Banco Central de Cuba |
|---|---|
| Year | 2004-2005 |
| Type | Standard circulation banknote |
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| Obverse description | The right half of the note is dominated by a vignette of the equestrian monument to Máximo Gómez, rendered in intaglio with fine detail against a multicolour guilloche underprint in green, pink, and yellow. The denomination DIEZ PESOS is printed in large bold lettering at centre, with the inscription pesos convertibles below in smaller type, alongside a six-line guarantee text. A five-pointed star in outline appears to the right of the monument, with the panel prefix and serial number printed in red. |
|---|---|
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| Protection description | the Banco Central de Cuba logo; embedded security thread running vertically through the note. |
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| Comments |
Cuba's dual-currency system, formalized in 1994, created two parallel pesos — the Cuban Peso (CUP) for the general population and the Convertible Peso (CUC) pegged nominally to the US dollar. This note circulated in the CUC series, which functioned almost exclusively through tourist infrastructure, hard-currency shops, and the upper tier of the state economy. Ordinary Cubans were legally excluded from holding CUC until 1997, and the social tensions that framing produced never fully dissipated.
Impresos de Seguridad, the Cuban state security printer established in the 1990s, produced the entire CUC series domestically — a deliberate assertion of printing self-sufficiency. The CUC was ultimately abolished in January 2021 as part of a monetary unification that collapsed both currencies into a single CUP, rendering the entire convertible series obsolete overnight.