Convert Uruguayan Peso to United States Dollar
Please provide values below to convert Uruguayan Peso [UYU] to United States Dollar [USD], or Convert United States Dollar to Uruguayan Peso.
How to Convert Uruguayan Peso to United States Dollar
1 UYU = 40.2999 USD
Example: convert 15 UYU to USD:
15 UYU = 15 × 40.2999 USD = 604.4985 USD
Uruguayan Peso to United States Dollar Conversion Table
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.