Author Topic: Cuba, new 5 pesos cubanos circulating coin  (Read 516 times)

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Online Jostein

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Cuba, new 5 pesos cubanos circulating coin
« on: June 17, 2017, 07:47:14 PM »
Hi! I'm glad to let you know that we should open a gap in our collections for a new bimetallic coin that will be put in circulation the next July 3rd.

Please, do not confuse CUC and CUP, the already existent 5 pesos coins with the portrait of "El Che" has it value in "Pesos convertibles", CUC, that is a 1/1 with the US dollar. The new coin is expressed just in pesos, thats mean "Pesos cubanos" or CUP.

1 CUC = 25 CUP

http://www.granma.cu/cuba/2017-06-16/nueva-moneda-de-cinco-pesos-cubanos-16-06-2017-00-06-59
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Offline eurocoin

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #1 on: June 17, 2017, 07:50:54 PM »
Commemorative coin or standard circulating coin?

Online Jostein

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #2 on: June 17, 2017, 07:59:29 PM »
Commemorative coin or standard circulating coin?

It is an standard circulating coin that will complete the series of CUP circulation coins consisting in: 1, 2, 5 and 20 centavos, 1, 3 and, from now on, 5 pesos cubanos.

 ;)
"Change is the law of life. And those who look only to the past or present are certain to miss the future" - John F. Kennedy

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Online malawi

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #3 on: June 18, 2017, 12:18:14 AM »
Thanks for news !

Offline eurocoin

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #4 on: June 20, 2017, 07:00:43 AM »
It is an standard circulating coin that will complete the series of CUP circulation coins consisting in: 1, 2, 5 and 20 centavos, 1, 3 and, from now on, 5 pesos cubanos.

 ;)

Very interesting, thanks!

Online malawi

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #5 on: July 17, 2017, 08:55:35 PM »

Online malawi

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #6 on: July 23, 2017, 03:24:40 PM »
interesting  video :


Offline Figleaf

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #7 on: July 24, 2017, 01:31:39 PM »
If I have understood correctly, there is a banknote of 5 pesos in circulation. Will it be withdrawn?

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Online malawi

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #8 on: July 24, 2017, 04:03:09 PM »
The 5 Pesos banknote remains in circulation

Offline Figleaf

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #9 on: July 24, 2017, 04:55:02 PM »
If that means the note will continue to be printed, unless Cubans react like Germans, the coin is doomed to lose from the note and will not circulate.

Petre
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Online malawi

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Re: Cuba, new 5 pesos cubanos circulating coin
« Reply #10 on: July 26, 2017, 12:53:37 PM »
Banco Central de Cuba  says that the most important  reason for this 5-Pesos  coin Is that the life of the coin is longer than the life of the banknote

The banknote, especially in a tropical climate, has a short life