Catalog
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| Issuer | Uruguay |
|---|---|
| Year | 1994-2007 |
| Type | Standard circulation coin |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | REPUBLICA ORIENTAL DEL URUGUAY (Translation: Eastern Republic of Uruguay) |
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| Additional information |
Uruguay adopted the peso uruguayo in 1993 as a redenomination of the nuevo peso at a rate of 1,000 to 1, itself a currency that had replaced the original peso in 1975 to escape chronic inflation. This coin entered circulation during a period of relative monetary stability, though the broader regional crisis of 2001–2002 — which devastated Argentina and sent shockwaves through Uruguay's dollarized banking sector — meant the purchasing power of small-denomination coins eroded sharply before the series ended.