Uruguayan Peso in Dominican Peso

UYU Uruguayan Peso

Country of application:
Uruguay

Coin denominations in circulation:
1, 2, 5, 10 dollars.

Denominations of banknotes in circulation:
20, 50, 100, 200, 500, 1000, 2000 dollars.

History reference:
The Uruguayan peso is the official currency of Uruguay. The territory of Uruguay is almost completely covered by the South American rainforest jungle. Agricultural plantations extend only in the coas...tal regions, and it is in these regions that the main population of the country is concentrated. From the south and east, the territory of the country is washed by the waters of the Atlantic Ocean, and the Gulf of La Plata in particular. The total area of Uruguay is slightly more than 176 thousand square kilometers. In 1840, the minting of Uruguayan coins began. On June 23, 1862, the National Bank of Uruguay was founded and the Uruguayan peso, equal to 100 centesimos, was officially announced as the currency. The gold content of the peso is set at 1.556419 grams of pure gold. The minting of peso coins began in 1869, the issuance of National Bank notes in 1887. Until 1896, banknotes were also issued by private banks (Commercial Bank, English Bank of Rio de la Plata, Italian Bank, Italo-Eastern Bank, Eastern Bank, Salto Bank, etc.) and the government. Since 1896, banknotes have been issued only by the central bank of Uruguay.

DOP Dominican Peso

Country of application:
Dominican Republic

Coin denominations in circulation:
1, 5, 10, 25 Dominican pesos.

Denominations of banknotes in circulation:
50, 100, 200, 500, 1000, 2000 Dominican pesos.

History reference:
The Dominican Peso is the currency of the Dominican Republic. The name of the monetary unit, indicated since 1947 on banknotes, is the “golden peso” (Spanish: peso oro). The Dominican peso was fi...rst introduced at the same time as the countrys independence from Haiti in 1844. It replaced the Haitian gourde at par and was subdivided into 8 reais. In 1877, the centavo became the currency of the peso at the ratio of 1 peso = 100 centavos. In 1891, a new currency was introduced - the Dominican franc, which, however, did not replace the peso, but was in circulation at the same time as it. The Dominican franc was introduced in order to enter the country into the Latin Monetary Union, but already in 1897 it was canceled.