Uruguayan peso · UYU
$U symbol · 1 country currently using this currency.
Currency info
Adopted: 1993
Currency family: Peso
Uruguay's peso is one of the most stable currencies in South America, reflecting the country's strong institutional framework.
- Introduced in 1993 replacing the austral at a rate of 1 UYU = 1,000 australes
- Uruguay adopted the peso as part of economic stabilization following hyperinflation in the late 1980s
- The currency is subdivided into 100 centésimos
- Managed by the Central Bank of Uruguay since its establishment
- Has remained relatively stable compared to other Latin American currencies
Countries currently using this currency
Related
Other Peso currencies
Historical predecessor
Austral