The 1997 series marked the Banco Central del Uruguay's transition to a new currency unit — the Peso Uruguayo, redenominated at 1,000 to 1 against the old Nuevo Peso, itself a redenomination from 1975. This 5 Peso Uruguayo note sits near the bottom of that series, a denomination that lost practical utility quickly as inflation continued eroding small-value notes throughout the late 1990s.
Thomas De La Rue printed the series in London under contract, a long-standing arrangement for Uruguayan currency. The watermark remains the sole listed security feature — modest protection for a low-denomination note with a short working life.
The 1997 series marked the Banco Central del Uruguay's transition to a new currency unit — the Peso Uruguayo, redenominated at 1,000 to 1 against the old Nuevo Peso, itself a redenomination from 1975. This 5 Peso Uruguayo note sits near the bottom of that series, a denomination that lost practical utility quickly as inflation continued eroding small-value notes throughout the late 1990s.
Thomas De La Rue printed the series in London under contract, a long-standing arrangement for Uruguayan currency. The watermark remains the sole listed security feature — modest protection for a low-denomination note with a short working life.