Catalog
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| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1989-1991 |
| Type | Log in to see details |
| Value | 50 000 Nuevos Pesos (50 000 UYN) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL URUGUAY NUEVOS PESOS CINCUENTA MIL MONEDA NACIONAL N$50.000 (Translation: Central Bank of Uruguay / Nuevos Pesos / Fifty Thousand / National Currency / N$50,000) |
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| Protection type | Watermark |
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| Comments |
By the time this denomination was issued, Uruguay had already lived through one hyperinflationary cycle severe enough to require the introduction of the Nuevo Peso in 1975 — itself a replacement at 1,000 to 1. A 50,000-unit note in that same currency signals how thoroughly that stabilization had unraveled by the late 1980s, when annual inflation climbed back above 80 percent and kept rising.
De La Rue's London production was standard practice for the Banco Central throughout this period. The series was superseded when Uruguay redenominated again in 1993, converting at 1,000 Nuevos Pesos to one Peso Uruguayo — effectively erasing five zeroes from the currency in under two decades.