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: 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: Currency of Uruguay
Content:  Nickel-bronze, 1968: $1, 17.3 mm (103·2 million); $5 (42·68 million); $10, 23 mm (90 million).
Title: Currency of Uruguay
Content:  This is an outline of Uruguay's monetary history. For the present currency of Uruguay, see Uruguayan peso.
Title: List of people on banknotes
Content:  🇺🇾 Currency: Peso Uruguayo (since 1993) Symbol: $U
Title: Currency of Uruguay
Content:  In 1828, Uruguay's currency was based on the silver peso ($) of eight reales (R or r), commonly known as the patacón, and the gold onza de oro, valued at 16 pesos silver. But a large quantity of debased copper coin also circulated. Lacking the means to implement a national coinage, Gen. José Rondeau's provisional government permitted foreign silver and gold coin to circulate freely (law of 4 October 1828) at its intrinsic value, but it restricted and then prohibited the import of copper coin and the circulation of Buenos Aires bank notes (March 1829). In January 1831, Gen. Fructuoso Rivera demonetized all copper coin in circulation, i.e., the coppers ceased to be legal tender for individuals and would be neither received nor paid out by public offices. Next, it was withdrawn at 
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:  Uruguayans became accustomed to the constant devaluation of their currency. Uruguayans refer to periods of real appreciation of the currency as atraso cambiario, which literally means that "the exchange rate is running late". As a consequence of the instability of the local currency, prices for most big-ticket items (real estate, cars and even executives' salaries) are denominated in U.S. dollars. During the military rule, the peso was on a crawling peg to the dollar. A table of the future value of the dollar was published daily by the government (called the tablita). In 1982, the currency was devalued ("the tablita was broken"), throwing thousands 

Question: Verify the following claims with "True" or "False": Well the currency of Uruguay is not beaver skins.
Answer: True