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1000 Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1974 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Casa de Moneda, Argentina |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL URUGUAY PAGARA AL PORTADOR Y A LA VISTA MIL PESOS MONEDA NACIONAL ARTIGAS CO GERENTE GENERAL SECRETARIO GENERAL PRESIDENTE (Translation: Central Bank of Uruguay Will pay to the bearer and at sight One thousand Pesos National currency Artigas Co-General Manager General Secretary President) |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
Uruguay's peso suffered acute inflationary pressure through the early 1970s, and this 1000-peso denomination — a high-value note at issue — was eroded to near-worthlessness within a few years of printing. The 1975 monetary reform replaced the peso with the nuevo peso at a rate of 1000 to 1, meaning this note's face value converted exactly to one nuevo peso on redemption.
Printing by Argentina's Casa de Moneda reflected a regional arrangement common among smaller Southern Cone central banks lacking sufficient domestic press capacity at the time.