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5000 Pesos

Issuer Banco Central del Uruguay
Year 1968
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Value 5000 Pesos (5000 UYP)
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Obverse lettering 5000 BANCO CENTRAL DEL URUGUAY 5000 SERIE C PAGARÁ AL PORTADOR Y A LA VISTA CINCO MIL PESOS MONEDA NACIONAL SERIE C 5000 5000
(Translation: 5000 Central Bank of Uruguay 5000 Series C Will pay to the bearer and on sight Five thousand Pesos National Currency Series C 5000 5000)
Reverse description Central intaglio vignette of the main building of the Banco de la República Oriental del Uruguay rendered against a guilloche-patterned background. The written denomination 'CINCO MIL PESOS' appears in large letterpress lettering, with the issuer's name 'BANCO CENTRAL DEL URUGUAY' across the top panel and the printer's imprint 'THOMAS DE LA RUE & COMPANY, LIMITED' along the lower margin. The numeral 5000 is repeated at all four corners.
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Uruguay's severe inflation of the 1960s forced denominations upward so rapidly that the Banco Central, established only in 1967, was issuing notes at the 5000 peso level almost immediately. This note belongs to the brief final phase of the old peso system — in 1975, the government redenominated at 1000 to 1, effectively erasing four zeros and replacing the peso with the nuevo peso.

De La Rue produced the series in London under contract, a common arrangement for smaller Latin American central banks lacking domestic intaglio capacity at the time. The watermark is the sole security feature — modest even by late-1960s standards.