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About Uruguayan Peso (UYU)
The Uruguayan Peso (UYU), introduced in 1896, is the official currency of Uruguay and a key symbol of the nation's economic stability and progress. It is commonly abbreviated as UYU and represented by the symbol $. The Peso's introduction marked a significant step in Uruguay's journey towards creating a robust and independent economy.
Historical Background
The introduction of the Uruguayan Peso was a crucial development in Uruguay’s economic history, reflecting the country's efforts to establish a stable and sovereign monetary system. The Peso replaced the Uruguayan currency known as the “patacón,” signifying Uruguay's transition from a largely agrarian economy to one more integrated with international markets.
Design and Symbolism
The design of the Uruguayan Peso reflects the nation’s cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, landmarks, and symbols of Uruguay’s rich flora and fauna. These designs not only serve as a medium for financial transactions but also as reminders of Uruguay's unique identity and pride.
Economic Role
The Peso plays a central role in Uruguay’s economy, characterized by its robust agricultural sector, growing tourism industry, and a well-developed service sector. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of Uruguayans.
Monetary Policy and Stability
Managed by the Central Bank of Uruguay, the Peso has maintained relative stability in a region often marked by economic volatility. The bank’s monetary policies focus on maintaining this stability, controlling inflation, and fostering a healthy economic environment conducive to growth and investment.
International Trade and the Uruguayan Peso
In international trade, the stability of the Peso is crucial, particularly for Uruguay's exports such as beef, soybeans, and dairy products. A stable Peso is vital for maintaining competitive export prices and for managing the import of goods.
Remittances and Economic Impact
Remittances from Uruguayans living abroad, particularly in Spain, Argentina, and the USA, are a significant source of foreign income. These remittances, converted into Pesos, support many families and contribute to the national economy.
CHR to MKD conversion rate trend
CHR to MKD market statistics
More info about Chronos on Bitget
Current CHR to MKD exchange rate
Chronos to Uruguayan Peso is rising this week.CHR to MKD Conversion tables
The exchange rate of Chronos is decreasing.CHR to MKD
MKD to CHR
CHR to MKD Today vs. 24 hours ago
Amount | 08:45 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CHR | ден0.01544 | ден0.01497 | +3.15% |
1 CHR | ден0.03089 | ден0.02994 | +3.15% |
5 CHR | ден0.1544 | ден0.1497 | +3.15% |
10 CHR | ден0.3089 | ден0.2994 | +3.15% |
50 CHR | ден1.54 | ден1.5 | +3.15% |
100 CHR | ден3.09 | ден2.99 | +3.15% |
500 CHR | ден15.44 | ден14.97 | +3.15% |
1000 CHR | ден30.89 | ден29.94 | +3.15% |
CHR to MKD Today vs. 1 month ago
Amount | 08:45 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 CHR | ден0.01544 | ден0.01722 | -10.26% |
1 CHR | ден0.03089 | ден0.03444 | -10.26% |
5 CHR | ден0.1544 | ден0.1722 | -10.26% |
10 CHR | ден0.3089 | ден0.3444 | -10.26% |
50 CHR | ден1.54 | ден1.72 | -10.26% |
100 CHR | ден3.09 | ден3.44 | -10.26% |
500 CHR | ден15.44 | ден17.22 | -10.26% |
1000 CHR | ден30.89 | ден34.44 | -10.26% |
CHR to MKD Today vs. 1 year ago
Amount | 08:45 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CHR | ден0.01544 | ден0.07331 | -78.83% |
1 CHR | ден0.03089 | ден0.1466 | -78.83% |
5 CHR | ден0.1544 | ден0.7331 | -78.83% |
10 CHR | ден0.3089 | ден1.47 | -78.83% |
50 CHR | ден1.54 | ден7.33 | -78.83% |
100 CHR | ден3.09 | ден14.66 | -78.83% |
500 CHR | ден15.44 | ден73.31 | -78.83% |
1000 CHR | ден30.89 | ден146.62 | -78.83% |
How to convert CHR to MKD



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