The Uruguayan peso is the official currency unit of Uruguay. It is subdivided into 100 centísimos. The Uruguayan peso (peso uruguayo) replaced the New Uruguayan Peso (nuevo peso uruguayo) on March 1, 1993 at the rate of 1,000 New Pesos = 1 Peso. The New Peso in turn had replaced the old peso at a rate of 1,000 Pesos = 1 New Peso in November, 1973.

Coins in circulation are: 10, 20, and 50 centísimo, and 1, 2, 5, and 10 peso
Banknotes in circulation are: 5, 10, 20, 50, 100, 200, 1000, 2000 peso

As of January 2, 2004 the United States dollar was worth 26.2435 Uruguayan pesos.