Catalog
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| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1973-1975 |
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| Composition | Log in to see details |
| Size | 155 × 69 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL URUGUAY 10.000 (serial numbers) 10.000 Co-Gerente General SERIE B PAGARÁ AL PORTADOR Y A LA VISTA DIEZ MIL PESOS MONEDA NACIONAL Secretario General Presidente 10.000 ARTIGAS SERIE B (serial numbers) (Translation: Central Bank of Uruguay — Will pay to the bearer and at sight Ten Thousand Pesos National Currency — General Co-Manager — General Secretary — President) |
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| Reverse lettering | BANCO CENTRAL DEL URUGUAY 10.000 DIEZ MIL PESOS THOMAS DE LA RUE & COMPANY, LIMITED (Translation: Central Bank of Uruguay — Ten Thousand Pesos) |
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| Comments |
Uruguay's 10,000 Peso note arrived just as the country was entering one of its most turbulent political periods — the military coup of June 1973 dissolved parliament weeks after this series began circulating. The Banco Central had been established only in 1967, and this high denomination reflects the accelerating inflation that had plagued the peso through the late 1960s and early 1970s, with annual rates repeatedly exceeding 50%.
Thomas De La Rue printed the series in London under contract, a common arrangement for Uruguayan issues of the period. The 1975 date marks the practical end of the old peso system; the following year, the government redenominated at 1,000 to 1, replacing these notes with the nuevo peso.