Convert Uruguayan Peso to Philippine Peso
Please provide values below to convert Uruguayan Peso [UYU] to Philippine Peso [PHP], or Convert Philippine Peso to Uruguayan Peso.
How to Convert Uruguayan Peso to Philippine Peso
1 UYU = 0.707732213135051 PHP
Example: convert 15 UYU to PHP:
15 UYU = 15 × 0.707732213135051 PHP = 10.6159831970258 PHP
Uruguayan Peso to Philippine Peso Conversion Table
| Uruguayan Peso | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.