The peso is the official currency in Uruguay since 1993. Because of World War II’s economic difficulties, the peso was replaced by the “new peso” in 1975, but in 1993 the peso returned as official currency in the country. The first coins were issued in 1994 in denominations 10, 20 and 50 centésimos, 1 and 2 pesos uruguayos. The 5 and 10 coins were published between 2003 and 2004 and replaced the correspondents’ notes. A new series was introduced in 2011 with denominations of 1-, 2-, 5- and 10-pesos coins.
The 10 Pesos Uruguayos commemorative coin front design features the National Coat of Arms (contains a scale, the hill of Montevideo, a horse and an ox, the Sun of May, laurel and other olive leaves and a light blue ribbon). The reverse coin design has the Bust of Artigas, an Afro-descendant and an Indian, on the right, above the phrase of “Gaucho”: “Los más infelices serán los más privilegiados”, and the denomination. This coin is part of the commemorative 2015 series, its rim is plain, and its color is gold and silver.
Text: Republica Oriental del Uruguay, Bicentenario del Reglamento de Tierras de 1815, Los más infelices serán los más privilegiados, 2015, 10.