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100 Nuevos Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Nuevo peso (1975-1993) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | N$ 100 1989 |
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| Mintage | Log in to see details |
| Additional information |
Uruguay's 1989 monetary reform replaced the peso with the nuevo peso at a rate of 1,000 to one — itself a redenomination scheme introduced in 1975 to contain runaway inflation. By 1989, the nuevo peso was already collapsing under the same pressures it was designed to mask, and this 100-unit piece represented a face value that had become nearly meaningless in daily transactions within a few years of issue.
A second redenomination followed in 1993, converting nuevos pesos back to pesos at 1,000 to one again — the same ratio, the same logic, the same result.