The Uruguay Peso, abbreviated as UYU and commonly denoted by the symbol “$U”, serves as the official currency of Uruguay.

Introduced in 1896, the Uruguay Peso replaced the Uruguayan real at a conversion rate of 1 peso to 8 reales. Since its inception, the currency has experienced various changes and reforms, including the launch of the nuevo peso (new peso) in 1975, which was equivalent to 1000 old pesos. However, the designation “nuevo” was eliminated in 1993, and the currency has been known as the Uruguay Peso ever since.

The Central Bank of Uruguay, or Banco Central del Uruguay, is tasked with issuing and managing the Uruguay Peso. Established in 1967, the central bank's primary responsibilities include executing monetary policy, supervising the nation's financial system, and ensuring the stability of the currency.

The Uruguay Peso is divided into 100 centésimos. Coins are available in denominations of 1, 2, 5, 10, and 50 pesos, while banknotes can be found in denominations of 20, 50, 100, 200, 500, 1000, and 2000 pesos.

Uruguay's economy is largely driven by agriculture, with a considerable share of its exports comprising agricultural products such as beef, soybeans, and rice. Additionally, the country has a burgeoning services sector, where tourism and financial services are becoming increasingly significant to the economy. The value of the Uruguay Peso may be affected by economic factors such as inflation, interest rates, and the overall economic performance of the country.

The Uruguay Peso (UYU) is the official currency of Uruguay, overseen by the Central Bank of Uruguay.