Catalog
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| Issuer | Uruguay |
|---|---|
| Year | 1976-1978 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse script | Latin |
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| Edge | Plain |
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| Additional information |
Uruguay's 1976 coinage was issued under the civic-military dictatorship that had formally seized power in June of that year, dissolving parliament and suspending the constitution. The nuevo peso itself was introduced in 1975 as part of a currency reform that replaced the old peso at a rate of 1,000 to one — a direct response to inflation that had gutted purchasing power through the late 1960s and early 1970s.
The three-year run of this type ended as inflation continued to accelerate, eventually making the denomination effectively worthless by the early 1980s.