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2000 Nuevos Pesos

Issuer Banco Central del Uruguay
Year 1989
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Value 2000 Nuevos Pesos (2000 UYN)
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Obverse lettering BANCO CENTRAL DEL URUGUAY N$2.000 1989 Serie A NUEVOS PESOS DOS MIL MONEDA NACIONAL JUAN MANUEL BLANES N$2.000
(Translation: Central Bank of Uruguay 2000 Nuevos Pesos Two Thousand National Currency)
Reverse description Central vignette presents the allegorical composition known as El Altar de la Patria, with a robed female personification of the Republic standing on a plinth and holding a staff, rendered in teal and ochre tones against a pastoral landscape with a lone hill. At right, an ornamental cartouche contains artistic attributes including a palette, referencing Blanes's vocation as a painter. Denomination panels in red at left and right are set within intricate guilloche borders, with the issuer name in bold letterpress at upper centre.
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Comments

Uruguay's 2000 Nuevos Pesos denomination belonged to the second Nuevos Pesos series introduced after the 1975 monetary reform dropped three zeros from the old peso. By 1989, inflation was again severe enough that the 2000 unit note — once a significant sum — was losing purchasing power almost as fast as it could be printed. Within four years, the entire Nuevos Pesos system was itself retired when the Uruguayan peso was reintroduced in 1993, cutting another three zeros and effectively rendering this series obsolete overnight.

Thomas De La Rue's London facilities handled production, as they did for much of the series.

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