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50 Pesos Uruguayos

Issuer Banco Central del Uruguay
Year 1994-2000
Type Standard circulation banknote
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Obverse lettering BANCO CENTRAL DEL URUGUAY
PESOS URUGUAYOS
CINCUENTA
MONEDA NACIONAL
JOSE PEDRO VARELA
SERIE A
(Translation: Central Bank of Uruguay / Uruguayan Pesos / Fifty / National Currency / José Pedro Varela / Series A)
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Reverse lettering BANCO CENTRAL DEL URUGUAY
PESOS URUGUAYOS
CINCUENTA
MONEDA NACIONAL
MONUMENTO A JOSE PEDRO VARELA
THOMAS DE LA RUE AND COMPANY LIMITED
(Translation: Central Bank of Uruguay / Uruguayan Pesos / Fifty / National Currency / Monument to José Pedro Varela)
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Comments

The 50 Pesos Uruguayos denomination was introduced as part of a redenomination series following Uruguay's long struggle with inflation — the country had shed three zeros from the old peso in 1993, making notes like this one effectively worth 50,000 of the previous unit. Thomas De La Rue handled the contract, as they had for much of Uruguay's modern note production.

The cotton substrate and single watermark security package reflect the modest budget allocated to mid-range denominations in this series. Higher values received more elaborate protection; the 50 was considered low enough risk to keep simple.

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