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50 Pesos Uruguayos

Issuer Banco Central del Uruguay
Year 2015
Type Standard circulation banknote
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Reverse description The central vignette presents an intaglio rendering of the Monumento a José Pedro Varela, a sculptural group set on a stepped plinth showing allegorical figures of education alongside children and a teacher, inscribed "MONUMENTO A JOSE PEDRO VARELA" below. To the right, a vignette of an open book within a laurel wreath alludes to Varela's educational reforms. The composition is framed by intricate multicolour guilloche borders throughout.
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Protection description Large numeral "50" with three smaller stacked "50" numerals to the right and the text "Cincuenta" below, visible in the watermark window to the left of centre on the obverse; embedded security thread visible when held to light.
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Comments

The 2015 dated notes in this Uruguayan series were printed by Oberthur Fiduciaire under a contract that also covered several other Latin American central bank clients during the same period. Uruguay had used multiple printers across its post-peso-nuevo issues, and the shift to Oberthur for this generation reflected competitive tendering rather than any policy change at the Banco Central.

The security specification here is relatively modest — watermark and thread only, without the optical variable elements found on higher denominations in the same family. Entirely appropriate for the face value.

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