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5 Pesos Uruguayos

Issuer Banco Central del Uruguay
Year 1998
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Size 159 × 74 mm
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Obverse description Portrait of Joaquín Torres García at right, set against a multicolour guilloche underprint, with the national coat of arms to the left above the watermark reserve area. Issuer's title and denomination are rendered in intaglio lettering to the upper right and lower centre respectively. An embedded security thread runs vertically to the right of centre.
Obverse lettering BANCO CENTRAL DEL URUGUAY PESOS URUGUAYOS CINCO MONEDA NACIONAL
(Translation: Central Bank of Uruguay Five Pesos Uruguayos National Currency)
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Comments

This note inaugurated Uruguay's "Pesos Uruguayos" redenomination series, introduced after the country shed the Nuevos Pesos designation it had carried since the brutal 1975 monetary reform — itself a response to hyperinflation that had wiped out the original Peso. The 5 PU was the lowest denomination in the new family, and De La Rue produced the series to a relatively tight security specification by late-1990s standards: watermark and embedded thread, no hologram, no color-shifting ink.

The series was superseded quickly; polymer replacements and redesigned issues pushed most cotton-paper examples out of active use within a few years of release.