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20 Pesos 'D' Foreign Exchange Certificate-Round 'D'

发行方 Banco Nacional de Cuba
年份 1985
类型 Exchange certificate
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背面描述 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.
背面铭文 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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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.

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