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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

Historical predecessor

Austral