Catalog
5000 Nuevos Pesos
| Issuer | Banco Central del Uruguay |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Nuevo peso (1975-1993) |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL URUGUAY NUEVOS PESOS CINCO MIL MONEDA NACIONAL (Translation: Central Bank of Uruguay Five Thousand Nuevos Pesos National Currency) |
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| Protection type | Watermark |
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| Comments |
Uruguay's 1989 hyperinflationary spiral made the 5000 Nuevos Pesos a short-lived denomination almost from the moment of issue. Annual inflation that year exceeded 80 percent and continued climbing — within three years, the entire Nuevos Pesos series would be replaced by the Peso Uruguayo at a conversion rate of 1000:1, effectively erasing this note's face value on paper.
Thomas De La Rue's involvement was a long-standing relationship with Montevideo's central bank, not a one-off commission. The P#68A designation distinguishes a signature variant within the type, worth tracking given how quickly successive versions were pushed through as ministerial and board appointments turned over during the economic turmoil.