Catalog
1 Nuevo Peso
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1989 |
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| Value | Log in to see details |
| Currency | Nuevo peso (1975-1993) |
| Composition | Log in to see details |
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| Obverse description | Radiant sun without facial features at center, surrounded by the circular legend REPUBLICA ORIENTAL DEL URUGUAY with a central dot. The stylized sun motif, a recurring symbol of Uruguayan national identity, is rendered in a simplified, geometric form within the confined field of this diminutive coin. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLICA ORIENTAL DEL URUGUAY · |
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| Additional information |
Uruguay's 1989 monetary reform replaced the old peso at a rate of 1,000 to 1, introducing the nuevo peso as the country struggled with inflation that had eroded purchasing power for decades. By the time this coin was struck, the nuevo peso itself was already losing ground — hyperinflationary pressure would eventually force another redenomination in 1993, when the peso uruguayo replaced it at the same 1,000-to-1 ratio.