Catalog
5 Nuevos Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1980-1981 |
| 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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| Technique | Log in to see details |
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| 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 script | Log in to see details |
| Obverse lettering | URUGUAY 1980 So (Translation: Uruguay 1980 So) |
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| Reverse lettering | Log in to see details |
| Edge | Reeded |
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| Additional information |
Uruguay's nuevo peso system was introduced in 1975, replacing the old peso at a rate of 1,000 to 1 — a direct consequence of inflation that had gutted the previous currency through the late 1960s and early 1970s. The 5 nuevos pesos sat at the upper end of everyday circulation coinage during a period when the country was still under military rule, which had taken power in 1973 and would hold it until 1985.
The series had a short production window before inflation once again eroded the purchasing power of the denomination into irrelevance.