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1 Nuevo Peso

Issuer Banco Central del Uruguay
Year 1980
Type Standard circulation coin
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Obverse description The national coat of arms of Uruguay occupies the central field, rendered in an oval cartouche divided into four quarters depicting a scale, a fortified hill (Cerro de Montevideo), a horse, and an ox, surmounted by a radiant Sun of May. The shield is flanked by two sprays of laurel and olive branches tied at the base. The country name URUGUAY curves along the lower periphery in large block letters, with the date 1980 inscribed to the lower right of the arms, and the Santiago mint mark 'So' appearing below the date.
Obverse script Latin
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Additional information

Uruguay's 1980 nuevo peso issues were struck under the military dictatorship that had dissolved parliament in 1973 and would hold power until 1985. The "nuevo peso," introduced in 1975 at a rate of 1,000 old pesos, was itself a casualty of ongoing inflation — by the early 1980s the currency was deteriorating rapidly, and the denomination would eventually be replaced again in 1993 when the peso uruguayo was introduced at 1,000 nuevos pesos.

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