Banknotes of Cuba

The official currency of Cuba is the Cuban Peso (CUP), issued by the Central Bank of Cuba (Banco Central de Cuba). Paper money was first introduced in Cuba in 1857, with the release of the first banknotes by the Spanish colonial government. A significant change in the currency system occurred in 2011 when Cuba revalued the Cuban Convertible Peso (CUC), effectively eliminating it in 2021 to unify the currency. Collectors often focus on Cuba's banknotes for their striking designs and historical significance. The 1959 series, which celebrated the Cuban Revolution, features vibrant colors and revolutionary icons, making it a sought-after collection. Additionally, the use of tropical imagery and the portrayal of national heroes endure as key elements that captivate collectors.