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The currency of Uruguay is the Peso Uruguay. Each unit of the Uruguay currency is a composite of 100 centesimo. The Peso Uruguay is a free floating currency in the world money market.
Two forms of Uruguay currency are in circulation. One form of Uruguayan money is the banknote. The other is the coin. The Peso Uruguayan banknote is printed in a number of denominations. The value of the paper Uruguay currency is 5 pesos, 10 pesos, 20 pesos, 50 pesos, 100 pesos, 200 pesos, 500 pesos, 1000 pesos, and 2000 pesos.
The Peso Uruguay coin is made of stainless steel. Brass coins are also in circulation. The coins in circulation include the monetary values of 50 centesimo, 1 peso, 2 pesos, 5 pesos, and 10 pesos uruguayos. The extreme fluctuation of the value of Peso Uruguay has made the Uruguayan currency an unattractive entity to trade in the world currency market.
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