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Banco Nacional de la República Oriental del Uruguay was established in 1887 as Uruguay's national bank. It issued a series of notes dated 25 August 1887, printed by Waterlow and Sons: 10, 20, and 50 centésimos and 1, 2, 5, 10, 20, 50, 100, 200, and 500 pesos moneda nacional oro sellado (national gold currency).
Instituto Nacional de Estadística, July 2024. Uruguayan peso (Spanish: peso uruguayo) 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, although centésimos are not currently in use.
These coins with a value of one tenth of a real were the first coins issued by the Oriental Republic of Uruguay. These measures were not enough to alleviate the shortage situation, despite the fact that the number of coins issued was considerable (2 million), and led the Government to take new measures in 1839 by means of Law No. 208 of June 20.
The economy of Uruguay features an export-oriented agricultural sector and a well-educated workforce, along with high levels of social spending. Tourism and banking are also prominent sectors; Uruguay acts as a regional hub for international finance and tourism. The country also has a history and representation of advanced workers-rights ...
The horizontal stripes on the flag represent the nine original departments of Uruguay, based on the U.S. flag, where the stripes represent the original 13 colonies. The first flag designed in 1828 had 9 light blue stripes; this number was reduced to 4 in 1830 due to visibility problems from distance.
The following outline is provided as an overview of and topical guide to Uruguay: Uruguay – sovereign country located in southeastern South America. [ 1] It is home to 3.46 million people, of which 1.7 million live in the capital Montevideo and its metropolitan area. Montevideo was founded by the Spanish in the early 18th century as a ...
The number of immigrants rose from 48 percent of the population in 1860 to 68 percent in 1868. In the 1870s, a further 100,000 Europeans arrived, so that, by 1879, about 438,000 people were living in Uruguay, a quarter of them in Montevideo. [33] Due to immigration, Uruguay's population reached one million in the early 20th century. [34]
The upper right quarter contains the Cerro de Montevideo (Montevideo Hill) with its fortress on top on a silver background, as a symbol of strength. In the lower left, also on a silver background, there is a galloping black horse, symbolizing liberty. The lower right quarter holds a golden ox on blue background, as a symbol of abundance and plenty.