1000 Pesos

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.