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CHEQ
CHEQ
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UYU
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About Uruguayan Peso (UYU)

The Uruguayan Peso (UYU), introduced in 1896, is the official currency of Uruguay and a key symbol of the nation's economic stability and progress. It is commonly abbreviated as UYU and represented by the symbol $. The Peso's introduction marked a significant step in Uruguay's journey towards creating a robust and independent economy.

Historical Background

The introduction of the Uruguayan Peso was a crucial development in Uruguay’s economic history, reflecting the country's efforts to establish a stable and sovereign monetary system. The Peso replaced the Uruguayan currency known as the “patacón,” signifying Uruguay's transition from a largely agrarian economy to one more integrated with international markets.

Design and Symbolism

The design of the Uruguayan Peso reflects the nation’s cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, landmarks, and symbols of Uruguay’s rich flora and fauna. These designs not only serve as a medium for financial transactions but also as reminders of Uruguay's unique identity and pride.

Economic Role

The Peso plays a central role in Uruguay’s economy, characterized by its robust agricultural sector, growing tourism industry, and a well-developed service sector. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of Uruguayans.

Monetary Policy and Stability

Managed by the Central Bank of Uruguay, the Peso has maintained relative stability in a region often marked by economic volatility. The bank’s monetary policies focus on maintaining this stability, controlling inflation, and fostering a healthy economic environment conducive to growth and investment.

International Trade and the Uruguayan Peso

In international trade, the stability of the Peso is crucial, particularly for Uruguay's exports such as beef, soybeans, and dairy products. A stable Peso is vital for maintaining competitive export prices and for managing the import of goods.

Remittances and Economic Impact

Remittances from Uruguayans living abroad, particularly in Spain, Argentina, and the USA, are a significant source of foreign income. These remittances, converted into Pesos, support many families and contribute to the national economy.

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Bitgethot-iconcalculator.compare.best
$1.04
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Gate.io
$1.04
0.1000% / 0.1000%
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$16.11M
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$148.40K
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642.49M CHEQ

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0.5 CHEQ
$0.5193
1 CHEQ
$1.04
5 CHEQ
$5.19
10 CHEQ
$10.39
50 CHEQ
$51.93
100 CHEQ
$103.86
500 CHEQ
$519.32
1000 CHEQ
$1,038.64

coin.current_to_local

coin.amountcalculator.detail.time_
0.5UYU0.4814  CHEQ
1UYU0.9628  CHEQ
5UYU4.81  CHEQ
10UYU9.63  CHEQ
50UYU48.14  CHEQ
100UYU96.28  CHEQ
500UYU481.4  CHEQ
1000UYU962.8  CHEQ

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coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 CHEQ$0.01254$0.01226
+2.29%
1 CHEQ$0.02508$0.02452
+2.29%
5 CHEQ$0.1254$0.1226
+2.29%
10 CHEQ$0.2508$0.2452
+2.29%
50 CHEQ$1.25$1.23
+2.29%
100 CHEQ$2.51$2.45
+2.29%
500 CHEQ$12.54$12.26
+2.29%
1000 CHEQ$25.08$24.52
+2.29%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 CHEQ$0.01254$0.01445
-13.23%
1 CHEQ$0.02508$0.02890
-13.23%
5 CHEQ$0.1254$0.1445
-13.23%
10 CHEQ$0.2508$0.2890
-13.23%
50 CHEQ$1.25$1.45
-13.23%
100 CHEQ$2.51$2.89
-13.23%
500 CHEQ$12.54$14.45
-13.23%
1000 CHEQ$25.08$28.9
-13.23%

calculator.detail.price_year

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0.5 CHEQ$0.01254$0.01606
-21.93%
1 CHEQ$0.02508$0.03212
-21.93%
5 CHEQ$0.1254$0.1606
-21.93%
10 CHEQ$0.2508$0.3212
-21.93%
50 CHEQ$1.25$1.61
-21.93%
100 CHEQ$2.51$3.21
-21.93%
500 CHEQ$12.54$16.06
-21.93%
1000 CHEQ$25.08$32.12
-21.93%

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