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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 ...
They have very close economic, cultural and political ties with each other. Between the 1960s and the 1990s there was much Uruguayan immigration to Argentina. Today, there are around 120,000 people of Uruguayan descent living in Argentina. In 2006 the countries had their first diplomatic tensions over the Pulp mill dispute, which was resolved ...
Banco del Ecuador issued notes for 2 & 4 reales and 1, 5, 10, 20, 100, 500 & 1000 pesos. Banco Nacional, Guayaquil, issued notes briefly in 1871 for 2 and 4 reales and for 1, 5, 10, 20, and 100 pesos. It was taken over by Banco del Eduador, which began withdrawing Banco Nacional's notes in 1872. Banco de Quito was the first Quito-based bank. It ...
Punta del Este is situated on a small peninsula off the southeast coast of Uruguay. Its beaches are divided into Mansa, or tame (river) side and Brava, or rugged (ocean) side. Punta del Este adjoins the city of Maldonado, while to its northeast along the coast are found the smaller resorts of La Barra and José Ignacio. [120]
The old piece of eight was valued at 10 reales of the new silver coin. The new 8-real coin was known as peso sencillo, the old piece of eight as peso fuerte. Foreign exchange was quoted in pesos de cambio, based on the old piece of eight, which continued to be produced in America. After this, the monetary systems of Spain and of Spanish America ...
The first Dominican peso was introduced with the country's independence from Haiti in 1844. It replaced the Haitian gourde at par and was divided into 8 reales. The Dominican Republic decimalized in 1877, subdividing the peso into 100 centavos. A second currency, the franco, was issued between 1891 and 1897 but did not replace the peso.
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