Uruguayan peso
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This article is about the present currency of Uruguay. For Uruguay's earlier monetary history, see Currency of Uruguay. Peso has been a name of the Uruguayan currency since Uruguay's settlement by Europeans. The present currency, the peso uruguayo (ISO 4217 code: UYU) was adopted in 1993 and is subdivided into 100 centésimos.
Uruguay obtained monetary stability in 1896, based on the gold standard. This favorable state of affairs ended after World War One. An unsettled period followed. Economic...
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