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10 000 Nuevos Pesos

Issuer Banco Central del Uruguay
Year 1987-1990
Type Standard circulation banknote
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Obverse description The central vignette presents a view of Plaza de la Democracia with the Flag Monument occupying the centre and right portions of the note, set against a fine guilloche underprint; the left margin is reserved for the watermark area. The issuer name and denomination are rendered in intaglio lettering along the upper and lower borders, with the numeral value in ornate counters at the corners.
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Protection type Watermark
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Comments

By the mid-1980s, Uruguay's peso had been so ravaged by inflation that the "nuevo peso," introduced in 1975 as a redenomination at 1000-to-1, was itself becoming unworkable at everyday transaction values. A 10,000-denomination note was the predictable result. The series was short-lived: in 1993, Uruguay redenominated again, replacing 1000 nuevos pesos with one peso uruguayo — rendering this note obsolete within a decade of printing.

The American Bank Note Company's contract for this series was among its last major Latin American commissions before the firm's 1999 bankruptcy filing.

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