Currency Of Uruguay
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Currency Of Uruguay
This is an outline of Uruguay's monetary history. For the present currency of Uruguay, see Uruguayan peso. Pre-independence currency Uruguay's currency was initially that common to all of Spanish America. During the struggle over this region, initially between Spain and Portugal, then between Argentina and Brazil, the coinage of both contestants circulated. When the area was annexed to Brazil in 1821 as Provincia Cisplatina, the Portuguese (Brazilian) administration put notes of Banco do Brazil into circulation. This was the first paper money to circulate in Uruguay. Then, in 1826–1828, Argentine troops fighting against Brazil were paid in one-peso notes issued by Banco Nacional of Buenos Aires for Provincia Oriental ("Eastern Province", i.e., Uruguay). All parties to the conflict used the Spanish dollar (Spanish ''peso'', Portuguese '' patacão''), which circulated with a value of 8 Spanish reales or 960 Brazilian reis. Circulation consisted of coins from mints in Mexico, Pot ...
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Uruguayan Peso
Uruguayan peso ( es, peso uruguayo) has been a name of the Uruguayan currency since Uruguay's settlement by Europeans. The present currency, the ''peso uruguayo'' (ISO 4217 code: ) was adopted in 1993 and is subdivided into 100 '' centésimos'', although centésimos are not currently in use. Introduction Uruguay obtained monetary stability in 1896, based on the gold standard. This favorable state of affairs ended after World War I. An unsettled period followed. Economic difficulties after World War II produced inflation, which became serious after 1964 and continued into the 1970s. The peso moneda nacional was replaced on 1 July 1975 by the nuevo peso (new peso; ISO 4217 code ) at a rate of 1 new peso for 1000 old pesos. The nuevo peso was also subdivided into 100 ''centésimos''. After further inflation, the peso uruguayo (ISO 4217 code ) replaced the on March 1, 1993, again at a rate of 1 new for 1000 old. Inflation Uruguayans became accustomed to the constant devaluation ...
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Postal Currency
__NOTOC__ Fractional currency, also referred to as shinplasters, was introduced by the United States federal government following the outbreak of the Civil War. These low- denomination banknotes of the United States dollar were in use between 21 August 1862 and 15 February 1876, and issued in denominations of 3, 5, 10, 15, 25, and 50 cents across five issuing periods.Kravitz The complete type set below is part of the National Numismatic Collection, housed at the National Museum of American History, part of the Smithsonian Institution. History The Civil War economy catalyzed a shortage of United States coinage—gold and silver coins were hoarded given their intrinsic bullion value relative to irredeemable paper currency at the time.Anderson, p. 303.Reed, p. 298. In late 1861, to help finance the Civil War, the U.S. government borrowed gold coin from New York City banks in exchange for Seven-thirties treasury notesMitchell, 1903, pp. 27–32. and the New York banks sold t ...
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José Enrique Rodó
José Enrique Camilo Rodó Piñeyro (15 July 1871 – 1 May 1917) was a Uruguayan essayist. He cultivated an epistolary relationship with important Hispanic thinkers of that time, Leopoldo Alas (Clarín) in Spain, José de la Riva-Agüero in Peru, and, most importantly, with Rubén Darío, the most influential Latin American poet to date, the founder of ''modernismo''. As a result of his refined prose style and the ''modernista'' ideology he pushed, Rodó is today considered the preeminent theorist of the ''modernista'' school of literature. Rodó is best known for his essay ''Ariel'' (1900), drawn from '' The Tempest'', in which Ariel represents the positive, and Caliban represents the negative tendencies in human nature, and they debate the future course of history, in what Rodó intended to be a secular sermon to Latin American youth, championing the cause of the classical western tradition. What Rodó was afraid of was the debilitating effect of working individuals' limited ...
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Uruguay 50Centesimos 1939 Side2
Uruguay (; ), officially the Oriental Republic of Uruguay ( es, República Oriental del Uruguay), is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast; while bordering the Río de la Plata to the south and the Atlantic Ocean to the southeast. It is part of the Southern Cone region of South America. Uruguay covers an area of approximately and has a population of an estimated 3.4 million, of whom around 2 million live in the metropolitan area of its capital and largest city, Montevideo. The area that became Uruguay was first inhabited by groups of hunter–gatherers 13,000 years ago. The predominant tribe at the moment of the arrival of Europeans was the Charrúa people, when the Portuguese first established Colónia do Sacramento in 1680; Uruguay was colonized by Europeans late relative to neighboring countries. The Spanish founded Montevideo as a military stronghold in the early 18th centur ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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José Gervasio Artigas
José Gervasio Artigas Arnal (; June 19, 1764 – September 23, 1850) was a political leader, military general, statesman and national hero of Uruguay and the broader Río de la Plata region. He fought in the Latin American wars of independence against the Spanish Empire, but also against the Portuguese Empire and the centralist government of Buenos Aires in the pursuit of political and civil liberties for the peoples of the Viceroyalty of the Río de la Plata. He is considered a ''Libertador'' of Latin America and a national hero in Uruguay, sometimes referred to as "the father of Uruguayan nationhood". His biggest political project was the creation of the Federal League, a confederation of South American provinces under a federal style of government inspired by the United States. Biography Early life Artigas was born in Montevideo on June 19, 1764. His grandparents were from Zaragoza, Buenos Aires and Tenerife (Canary Islands). His grandparents fought in the War ...
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French Franc
The franc (, ; sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. After two centuries of inflation, it was redenominated in 1960, with each (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc. Many French residents, though, continued to quote prices of especially expensive items in terms of the old franc (equivalent to the new centime), up to and even after the introduction of the euro (for coins and banknotes) in 2002. The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries. Between 1998 and 2002, the conversion of francs to euros was carried out at a rate of 6.55957 francs to 1 euro. History The French Franc tr ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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Waterlow And Sons
Waterlow and Sons Limited was a major worldwide engraver of currency, postage stamps, stocks and bond certificates based in London, Watford and Dunstable in England. The company was founded as a family business in 1810. It was acquired in 1961 by De La Rue. Early history Waterlow and Sons originated from the business of James Waterlow, who began producing lithographic copies of legal documents at Birchin Lane in London in 1810. The company gradually grew; it began printing stamps in 1852, and Waterlow's sons Alfred, Walter, Sydney and Albert joined the business. James Waterlow died in 1876, and the company became a limited-liability company. In 1877, due to a family dispute, the company split, and Alfred and his sons formed Waterlow Bros. & Layton. The two companies later reunited in 1920. In 1924, the company printed 1, 5 and 10  toman banknotes that bore the watermark of Lion and Sun for the first time. Portuguese banknote crisis Waterlow's, under the leader ...
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Manuel Oribe
Manuel Ceferino Oribe y Viana (August 26, 1792 – November 12, 1857) was the 2nd Constitutional president of Uruguay and founder of Uruguay's National Party, the oldest Uruguayan political party and considered one of the two Uruguayan "traditional" parties, along with the Colorado Party, which was, until the 20th Century, its only political adversary. Biography Manuel Oribe was the son of Captain Francisco Oribe and María Francisca Viana, a descendant of the first governor of Montevideo, José Joaquín de Viana. At the beginning of the revolution of independence in the Rio de la Plata he enlisted in the patriot ranks as a volunteer. His baptism of fire took place in the battle of Cerrito, on December 31, 1812, during the Second Siege of Montevideo, feat of arms that ended in a victory for the Patriots. He took part alongside José Gervasio Artigas' resistance against the Luso-Brazilian invasion in 1816. In late 1817, with Montevideo already fallen into the hands of t ...
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Currency Of Uruguay
This is an outline of Uruguay's monetary history. For the present currency of Uruguay, see Uruguayan peso. Pre-independence currency Uruguay's currency was initially that common to all of Spanish America. During the struggle over this region, initially between Spain and Portugal, then between Argentina and Brazil, the coinage of both contestants circulated. When the area was annexed to Brazil in 1821 as Provincia Cisplatina, the Portuguese (Brazilian) administration put notes of Banco do Brazil into circulation. This was the first paper money to circulate in Uruguay. Then, in 1826–1828, Argentine troops fighting against Brazil were paid in one-peso notes issued by Banco Nacional of Buenos Aires for Provincia Oriental ("Eastern Province", i.e., Uruguay). All parties to the conflict used the Spanish dollar (Spanish ''peso'', Portuguese '' patacão''), which circulated with a value of 8 Spanish reales or 960 Brazilian reis. Circulation consisted of coins from mints in Mexico, Pot ...
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History Of Uruguay
The history of Uruguay comprises different periods: the pre-Columbian time or early history (up to the 16th century), the Colonial Period (1516–1811), the Period of Nation-Building (1811–1830), and the history of Uruguay as an independent country (1830). Native The earliest traces of human presence are about 10,000 years old and belong to the hunter-gatherer cultures of Catalanense and Cuareim cultures, which are extensions of cultures originating in Brazil. The earliest discovered bolas is about 7,000 years old. Examples of ancient rock art have been found at Chamangá. About 4,000 years ago, Charrúa and Guarani people arrived here. During precolonial times, Uruguayan territory was inhabited by small tribes of nomadic Charrúa, Chaná, Arachán, and Guarani peoples who survived by hunting and fishing and probably never reached more than 10,000 to 20,000 people. It is estimated that there were about 9,000 Charrúa and 6,000 Chaná and Guaraní at the time of first con ...
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