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Cuba – 5 Centavos – 1981 (INTUR)

In 1981, Cuba’s¬†National Institute of Tourism (“INTUR”) issued a currency parallel to the Cuban peso to be used by tourists. It could be sold at a much higher rate than the ordinary peso, which would help bring “hard” currency such as dollars into the cash-strapped country. This experiment was deemed a success, and in 1994 a formalized “convertible peso”, pegged 1:1 to the dollar, was created.