Title: Uruguayan peso
Content:  Uruguayan peso (peso uruguayo) has been a name of the Uruguayan currency since Uruguay's settlement by Europeans. The present currency, the peso uruguayo (ISO 4217 code: UYU) was adopted in 1993 and is subdivided into 100 centésimos, although centésimos are not currently in use.
Title: Currency of Uruguay
Content:  Peso = 100 Centésimos
Title: Currency of Uruguay
Content:  Peso = 100 Centésimos
Title: Economy of Uruguay
Content:  Uruguay has a partially dollarized economy. almost 60% of bank loans use United States dollars, but most transactions use the Uruguayan peso. Today, the Uruguayan peso is minted in coins of 1, 2, 5, 10, and 50 pesos and in banknotes of 20, 50, 100, 200, 500, 1000, and 2000 pesos.
Title: Currency of Uruguay
Content:  This is an outline of Uruguay's monetary history. For the present currency of Uruguay, see Uruguayan peso.
Title: Currency of Uruguay
Content:  Peso uruguayo ($) = 100 Centésimos Conversion: 1 peso uruguayo = 1000 nuevos pesos The peso uruguayo ($; ISO 4217 code: UYU) was adopted on 1 March 1993 to replace the nuevo peso at 1 new for 1000 old. Withdrawal of old notes of N$500 and under began immediately; notes of 100,000, 200,000, and 500,000 nuevos pesos remained legal tender (for 100, 200, and 500 pesos uruguayos) until 30 April 1996. The first banknote denominated in pesos uruguayos moneda nacional, the $20 (dated 1994), did not appear in circulation until 22 February 1995. By the end of 1995, denominations of 10, 50, 100, 200, and 500 were in circulation. A $1000 was added in 1996, and a $2000 in 2003. A new series of notes began appearing in November 2006.
Title: Uruguayan peso
Content:  Uruguay obtained monetary stability in 1896, based on the gold standard. This favorable state of affairs ended after World War I. An unsettled period followed. Economic difficulties after World War II produced inflation, which became serious after 1964 and continued into the 1970s. The peso was replaced on 1 July 1975 by the nuevo peso (new peso; ISO 4217 code: UYP) at a rate of 1 new peso for 1000 old pesos. The nuevo peso was also subdivided into 100 centésimos. After further inflation, the peso uruguayo (ISO 4217 code: UYU) replaced the nuevo peso on March 1, 1993, again at a rate of 1 new for 1000 old.
Title: List of people on banknotes
Content:  🇺🇾 Currency: Peso Uruguayo (since 1993) Symbol: $U
Title: Uruguayan peso
Content:  from 30 to 24 pesos to the dollar. By 2008 the peso reached 19 to the US dollar, recovering more than half of its loss during the crisis. This revaluation brought protests from the industrial sector, which felt that it lost competitiveness, but by July 2020, the peso had inflated to over 40 to the dollar. The government hopes that a floating currency will "de-dollarize" the economy. Uruguay does not seem to have found a mechanism that provides the exchange rate some level of predictability, while at the same time allowing the country to adapt its prices so that its exports remain competitive.
Title: Currency of Uruguay
Content:  In 1896 Uruguay adopted the gold standard based on a peso oro of 1·697 g 0·917 fine or 1556·149 mg fine gold (par: US$1·03, 4s3d sterling, 5·361 francs). A monopoly of issue was granted to El Banco de la Republica Oriental del Uruguay and the country enjoyed a sound currency and monetary stability until World War I. Bank notes were denominated in legal tender currency (en moneda legal). The gold standard was suspended in August 1914, and foreign gold coin was accepted at fixed rates of 4·70 pesos for the sovereign, 9·66 for the US eagle, and 3·73 for the 20-franc piece. The peso was 

Question: Verify the following claims with "True" or "False": Well the Uruguayan peso is the currency of Uruguay.
Answer: True