Currency and Economy of Uruguay

Currency:

Uruguayan currency is “Peso Uruguayo”. Notes are for 2000, 1000, 500, 200, 100, 50 and 20 uruguayan pesos. Coins are for 50, 10, 5, 2, and 1 uruguayan pesos.

There are exchange shops in different parts of the country where you can change your currency. They are mostly open within bussiness hours (9 to 18) .

Current official exchange rates can be seen on the national bank (Banco República) website.

 

pesos-uruguayos

 

Uruguayan economy is a result of a combination of natural resources in a highly alphabetized population, a diversified companies structure and a strog gobernment presence.

Although historically the production has been based on agriculture, on the last decades the presence of other economy sectors has grown considerably.

In 2009 primary activities represented 8,6% of GDP, manufacture industries for 3,9%, commerce for 14,5%, construction for 7,3%, transporte for 7,5% and the other 48,2% for other activities.

 

 

Economic basic information:

 

GDP (2010): 40.773 US$ millions

PIB per capita (2010): 11.992 US$

Tasa de crecimiento del PIB (2010): 8,5%

Producto Interior Bruto PPA (2008): 42.300 millones de US$

PIB per capita PPA (2008): 12.450 US$

 

 

GDP Distribution by sector (2009):

 

Agriculture, Cattlery and Fishing: 9,5%

Manufacture industries: 15,3%

Construction and services: 73,4%

 

Inflation (2009): 6,93%

 

External debt (2004): 13.600 millones de US$

 

Importations (2004): 3.500 millones de US$

Exportation (2004): 3.421 millones de US$

 

Unenployment (feb. 2010): 5,4 %12

Sub-enployment (feb. 2006): 13,8%

Poberty rate (2008): 19,4%13

Indigency rate (2008): 1,7%

 

Main exportations: Brazil, China, Argentina and United States.

Main importations: Argentina, Brazil and United States.

 

 

 

Shopping:

 

Most interest shopping would be probably leather clothes and amatist jewelry.

The Tristán Narvaja street market is famous for its antiques. On Montevideo’s “old city” (Ciudad Vieja) there are many antique galleries and shops.

Bussiness hours: Mondays to fridays from 09.00 to 12.00 and 14.00 to 19.00.  Saturdays from 09.00 to 12.30.

There are several shopping centers across the country. In Montevideo you can find five: Montevideo Shopping Center, Punta Carretas Shopping, Portones Shopping, Tres Cruces Bus Station and Shopping Center and Nuevo Centro Shopping.

 

 

Look for shopping in Colonia del Sacramento
Look for shopping in Maldonado
Look for shopping in Montevideo
Look for shopping in Rocha

 

 

 

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