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100 000 Nuevos Pesos

Issuer Banco Central del Uruguay
Year 1991
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Value 100 000 Nuevos Pesos (100 000 UYN)
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Reverse description A large intaglio vignette at left renders a sculptural musical allegory — a seated male figure playing a flute amid rocky, foliated surroundings — captioned ALEGORIA MUSICAL at lower left. The Uruguayan coat of arms appears to the right of centre against a multicolour guilloche underprint, flanked by the denomination panel in dark intaglio lettering. The printer's name, THOMAS DE LA RUE AND COMPANY LIMITED, is inscribed at lower right.
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Protection description Artigas portrait.
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Uruguay's 1991 monetary reform replaced the old peso uruguayo at a rate of 1,000 to 1, creating the nuevo peso in 1975. By the time this 100,000-denomination note was necessary, inflation had consumed so much purchasing power that the nuevo peso itself was already being phased out — the peso uruguayo (second) was reintroduced in 1993 at another 1,000-to-1 conversion. This note belongs to the tail end of a currency that was itself a response to an earlier collapse.

Thomas De La Rue printed the series in London, with a single watermark as the primary security feature — modest specifications for a high-denomination note, reflecting how quickly the inflationary environment was outpacing design cycles.

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