Convert Uruguayan Peso to Euro
Please provide values below to convert Uruguayan Peso [UYU] to Euro [EUR], or Convert Euro to Uruguayan Peso.
How to Convert Uruguayan Peso to Euro
1 UYU = 47.2615222235253 EUR
Example: convert 15 UYU to EUR:
15 UYU = 15 × 47.2615222235253 EUR = 708.922833352879 EUR
Uruguayan Peso to Euro Conversion Table
Uruguayan Peso | Euro |
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.