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20 Pesos 'D' Foreign Exchange Certificate-Round 'D'
| Issuer | Banco Nacional de Cuba |
|---|---|
| Year | 1985 |
| Type | Exchange certificate |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in brown on a pale cream ground, with the large denomination numeral 20 at each corner and the words VEINTE PESOS in bold lettering at centre, overlaid on a guilloche underprint carrying the numeral 20. Ruled lines and printed fields for bearer signature and issuance date appear above and below the central vignette, with the expiry notice CADUCA A LOS CINCO ANOS DE EMITIDO along the lower margin. |
| Reverse lettering | 20 VEINTE PESOS 20 VEINTE PESOS VEINTE PESOS CADUCA A LOS CINCO ANOS DE EMITIDO 20 FIRMA DEL TENEDOR EN PRESENCIA DEL PAGADOR FECHA DE EMISION FIRMA DEL TENEDOR |
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| Comments |
Cuba's Foreign Exchange Certificate system was designed to capture hard currency from tourists and diplomats while keeping dollars out of the peso economy entirely. The "D" series — distinguished by a rounded 'D' overprint rather than the angular variant — circulated exclusively within the dollar-access network of Diplotiendas and Intur hotels, functioning as a parallel currency that ordinary Cubans were legally barred from holding.
Státní Tiskárna Cenin handled Cuban security printing through much of the Cold War period, a logical pairing given the bilateral trade arrangements between Prague and Havana. The relationship predates this issue by decades.
The round versus angular 'D' distinction matters to specialists: the two types were not interchangeable at point of sale, and the differentiation was a deliberate anti-substitution measure.