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25 October, 2014

Uruguay - 1989 to 1992 Set of 9 Notes

One Thousand New Pesos
Dated 1989, P67A Unissued
Reverse
Two Thousand New Pesos
Dated 1989, P68
Reverse
Five Thousand New Pesos
Dated 1989, P68A Unissued
Reverse
Ten Thousand New Pesos
Dated 1989, P68B Unissued
Reverse
Twenty Thousand New Pesos
Dated 1991, P69
Reverse
Fifty Thousand New Pesos
Dated 1991, P70
Reverse
One Hundred Thousand New Pesos
Dated 1991, P71
Reverse
Two Hundred Thousand New Pesos
Dated 1992, P72
Reverse
Five Hundred Thousand New Pesos
Dated 1992, P73
Reverse
From Album Cover
Posted here is a full set of "A" series notes (9 pieces) printed with year date between 1989 to 1992 from 1,000 to 500,000 New Pesos. This set was issued in a presentation folder which also included 3 unissued notes of 1,000, 5,000 and 10,000 Neuvos Pesos. These 3 notes are all printed with two large words in red "NO EMITIDO" on the front, which means unissued in Spanish. These are hyper inflation notes and it was later replaced in 1994 following the country's currency reform by removing 3 zeros from the currency value ie 1,000 Neuvos Pesos = 1 Peso Uruguayo. Almost all independence nations in the South America had gone through an economy and currency crises at least once during the 80s and 90s due to hyper inflation and forced to adopt a major currency reform to fix the economy. The 500,000 Neuvos Pesos was the largest currency ever issued in the history of Uruguay.

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