Uruguayan Peso
About Uruguayan Peso
The Uruguayan peso replaced the old peso in 1993 after a period of inflation. The peso uruguayo was introduced at 1,000 old pesos to 1 new. Uruguay is one of the most stable economies in South America. Uruguayan banknotes feature national heroes including Jose Gervasio Artigas. The Banco Central del Uruguay was established in 1967. Uruguay is known for its strong social policies and was the first country to fully digitize government services.
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