20 Pesos Uruguayos

The P#83 was produced in relatively modest numbers across its three-year run, split between two printers — De La Rue in London and Oberthur Fiduciaire in France. Notes from each source are visually near-identical but can sometimes be distinguished by subtle differences in ink density and registration precision; De La Rue output generally shows tighter tolerances. Uruguay used dual-sourcing as a practical hedge against supply disruption, a policy the Banco Central maintained for several denominations during this period.

The watermark remains the sole listed security feature, which by 2000 was already a minimal specification for a circulating banknote.