From its creation in 1997, the Central Bank of Cuba exercises
the function of issuing organism of the national currency in the country,
beginning that same year the emission of the first Series of Notes in
Cuban Pesos to name of the BCC. Later on, continuing with the rest of
the denominations, until completing all the monetary signs with notes
emitted by the Central Bank of Cuba.
This way, it corresponds to the present time emissions those carried
out by the Central Bank of Cuba most of the notes in circulation. The
currencies, so much of the Cuban Peso as of the Convertible Peso, have
been emitted regularly in agreement with the necessities of the circulation
in the country.
The first emission of notes to name of the Central Bank of Cuba took
place in 1997. The pieces were produced in Cuba, and have elements of
security, as the water marks and micro-printed legends. This first emission
is integrated by notes of facial values of 5 and 10 pesos.
The second emission of notes to name of the Central Bank of Cuba was
presented in 1998. The pieces were produced in Cuba and have elements
of security, that incorporates the thread of security with micro-printed
legends in this emission, and its water marks .It integrate it notes of
facial values of 20 and 50 pesos.
The third emission of notes with facial value of 100 pesos to name of
the Central Bank of Cuba corresponds to the year of 2000. The pieces were
produced in Cuba and have the same elements of security that incorporated
to the notes of 20 and 50 pesos. This emission was dedicated to commemorate
the 50th Anniversary of the Central Banking in Cuba.
To the previous emissions was united, in the year 2001, that of the note
of 1 peso, with general characteristics, and similar measures of security
to the denominations of 5 and 10 pesos.
In the year 2003 the Central Bank of Cuba commences the emission of two
commemorative notes: The first one with facial value of 1 peso at times
of the 150th Anniversary of Our National Hero's Birthday José Marti,
and the second with facial value of 20 pesos in recall of the 50th Anniversary
of the Assault of the Moncada Headquarter.
The currencies in circulation at the moment correspond to the facial
values of 1, 2, 5 and 20 cents and 1 and 3 pesos. The currencies of 1,
2 and 5 cents that maintain their legal course ,are those coined starting
from the year 1915 soon after the promulgation of the first law that dispose
the coinage of the national currency.
In the year 1962 began to be coined the currency of 20 cents at the moment
in circulation, that of 1 peso in the year 1983 and starting from the
year 1990 that of 3 pesos.
In the year 1994 are introduced in the country the circulation of the
convertible Cuban Peso, equivalent to the North American dollar, to facilitate
the transactions of foreign currencies with an own monetary sign.
With facial values of 1, 3, 5, 10, 20, 50 and 100 convertible pesos, they
were emitted in 1994 by the National Bank of Cuba for their acceptance
in the commercial branch of goods and services, which operates in foreign
currencies. The first coinage of the convertible currencies was done 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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