Convert New Zealand Dollar to Uruguayan Peso
Please provide values below to convert New Zealand Dollar [NZD] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to New Zealand Dollar.
How to Convert New Zealand Dollar to Uruguayan Peso
1 NZD = 0.0414144948250492 UYU
Example: convert 15 NZD to UYU:
15 NZD = 15 × 0.0414144948250492 UYU = 0.621217422375738 UYU
New Zealand Dollar to Uruguayan Peso Conversion Table
| New Zealand Dollar | Uruguayan Peso |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.