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The peso moneda nacional was replaced on 1 July 1975 by the nuevo peso (new peso; ISO 4217 code UYP) at a rate of 1 new peso for 1000 old pesos. The nuevo peso was also subdivided into 100 centésimos. After further inflation, the peso uruguayo (ISO 4217 code UYU) replaced the nuevo peso on March 1, 1993, again at a rate of 1 new for 1000 old.
Withdrawal of old notes of N$500 and under began immediately; notes of 1,000 up to 500,000 nuevos pesos remained legal tender (for 1 to 500 pesos uruguayos) until 28 February 2003. The first banknote denominated in pesos uruguayos moneda nacional, the $20 (dated 1994), did not appear in circulation until 22 February 1995. By the end of 1995 ...
Banknotes were issued from 1877. The Salvadoran real continued to be used until 1889. In 1889, El Salvador decimalized, with the peso subdivided into 100 centavos, and began to issue coins. The peso was initially pegged to the French franc, at a rate of 1 peso = 5 francs. The peso was replaced in 1919 by the colón, at par.
Fiscal policy has been one of the biggest challenges for the Salvadoran government. In December 1999, net international reserves equaled US$1.8 billion. Having this hard currency buffer to work with, the Salvadoran government undertook a monetary integration plan beginning in January 2001 by which the U.S. dollar became legal tender alongside the Salvadoran colón, and all formal accounting ...
El Paraíso is a district in the Chalatenango Department of El Salvador. Settlements of El Paraíso include Calle Nueva, Coyotera, El Arenal, El Desvío, El Tamarindo, La Angostura, and Santa Bárbara.
Federico García Vigil. 17 January – Fernando Miguel Gil Eisner, Roman Catholic bishop (b. 1953). [5]11 February – Carlos Julio Pereyra, politician (b. 1922). [6]28 March – Rodolfo González Rissotto, 71, politician (National Party), Director of Education at the Ministry of Education and Culture (1990-1994) and Minister of National Defense (1995); first case of COVID-19 in Uruguay [7]
Most Uruguayans descend from colonial-era settlers and immigrants from Europe with almost 88% of the population being of European descent. [14] The majority of these are Spaniards and Italians, followed by the French, Portuguese, Germans, Romanians, Greeks, British (English or Scots), Irish, Poles, [15] Swiss, Russians, Bulgarians, Arab (mainly Lebanese and Syrians), Sephardi and Ashkenazi ...
A partially restored pyramid at Casa Blanca Structures of Casa Blanca y El Trapiche Structures of the archaeological park Casa Blanca. Casa Blanca is a pre-Columbian Maya archeological site in Chalchuapa, El Salvador. The site possesses several pyramids dating to the Late Preclassic period (500 BC – AD 250) and the Classic period (AD 250–900).