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10 Pesos Law of Aug. 14th., 1935

Issuer Banco de la República Oriental del Uruguay
Year 1940
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Currency Peso (1863-1975)
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Obverse lettering EL DEPARTAMENTO DE EMISIÓN DEL BANCO DE LA REPÚBLICA ORIENTAL DEL URUGUAY PAGARÁ AL PORTADOR Y A LA VISTA DIEZ PESOS MONEDA NACIONAL Montevideo Ley de 14 de Agosto de 1935
(Translation: The issuance department of the Bank of the Oriental Republic of Uruguay Will pay to the bearer and at sight Ten Pesos National currency Montevideo Law of Aug. 14th., 1935)
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Reverse lettering DEPARTAMENTO DE EMISIÓN DEL BANCO DE LA REPÚBLICA ORIENTAL DEL URUGUAY DIEZ PESOS
(Translation: Issuing department of the Bank of the Oriental Republic of Uruguay Ten Pesos)
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Comments

Uruguay's Banco de la República Oriental del Uruguay had a long-running relationship with Thomas De La Rue, and this 10 Peso note falls squarely within that arrangement — but the legal anchor is worth noting. The "Law of August 14th, 1935" inscription refers to the enabling legislation passed during Gabriel Terra's presidency, a period of authoritarian rule following his 1933 self-coup. Currency reform was part of a broader effort to consolidate state control over the financial system, including the BROU's expanded role as the dominant banking institution.

The 1940 issue date places production during the early years of World War II, when De La Rue's London operations were under considerable strain from the Blitz — an easily overlooked detail when handling notes from this period.

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