Catalog
200 000 Nuevos Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1992 |
| Type | Standard circulation banknote |
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| Obverse description | Intaglio portrait of Pedro Figari at centre-right, set against a fine guilloche underprint; the national coat of arms appears at upper left, with a circular electrotype watermark area to its right. Three facsimile signatures — Presidente, Gerente General, and Secretario General — are printed centrally below the arms. Denomination numerals N$ 200.000 appear in bold at lower left and lower right, with the value in words DOSCIENTOS MIL rendered in large red letterpress across the lower centre. |
|---|---|
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| Protection description | Portrait of José Artigas visible in the watermark area at right of centre on the obverse. |
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| Comments |
Uruguay's 200,000 Nuevos Pesos was one of the highest denominations issued before the 1993 redenomination that replaced the Nuevo Peso at a rate of 1,000 to 1, creating the Peso Uruguayo. The sheer size of the face value reflects the cumulative inflation that had eroded the original Peso Uruguayo through the 1970s and 1980s — the "Nuevo" prefix had itself been introduced in 1975 precisely to reset a currency already damaged by inflation.
De La Rue's involvement was typical of Uruguayan note production during this period, though the series carries only a watermark as its primary security feature — sparse by contemporary standards.