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 50 Pesos Uruguayos commemorative coin front design has the effigy of José Gervasio Artigas from Juan Manuel Blanes’s charcoal work called “Cabeza de Artigas”. The reverse coin design features an old-fashioned sun and the denomination. This coin is part of the commemorative 2011 series, its rim is fluted, and its color is bronze.
Text: Republica Oriental del Uruguay, Bicentenario de los Hechos Historicos, 1811 – 2011, 50.