Convert Canadian Dollar to Uruguayan Peso
Please provide values below to convert Canadian Dollar [CAD] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Canadian Dollar.
How to Convert Canadian Dollar to Uruguayan Peso
1 CAD = 0.0338090168958236 UYU
Example: convert 15 CAD to UYU:
15 CAD = 15 × 0.0338090168958236 UYU = 0.507135253437353 UYU
Canadian Dollar to Uruguayan Peso Conversion Table
| Canadian Dollar | Uruguayan Peso |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.