In the XVI century Uruguay was a Spanish colony. Several centuries on the territory of this country in circulation were Hispanic and Spanish coins. During the Brazilian occupation in 1817-1825 in use was also the Brazilian real. After independence in 1825, Uruguay a few years focused on Argentina, therefore, in circulation has been used Argentine money. Only in 1840, began chasing the Uruguayan coins. In 1862, the national currency was the Uruguayan peso, equal to, equals 100 centavos. In July 1975, Uruguay has redenominated, a new peso which was exchanged for 1,000 old. In March 1993 a new denomination: 1,000 new pesos = 1 Uruguayan peso.
Currently in the cash circulation there are coins of 1, 2, 5 and 10 pesos. Until July 2010, the move was also 50 centesimo. On the obverse of all Uruguayan peso placed the portrait of national hero, leader of the liberation movement in the country Jose gervacio Artigas (1764-1850), was, on the coins of 1, 2 and 5 pesos legend: 'REPUBLICA ORIENTAL DEL URUGUAY>> (Eastern Republic of Uruguay), on the coin of 10 pesos the name of the country, the image of Jose Artigas and his years of life. On the reverse of the denomination numeral and in Spanish, the year of issue.