Convert 1 Uruguayan Peso (UYU) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 18th February 2020 ( 18/02/2020 )
Below you will find the latest exchange rate for exchanging Uruguayan Peso (UYU) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Uruguayan Peso (UYU) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Uruguayan peso is the official currency for Uruguay. The peso is subdivided into 100 centesimo and is issued in denominations of 5, 10, 20, 50, 100, 200, 500, 1000 and 2000. Foreign currency can be exchanged at most banks and at many foreign currency exchange offices. Hotels and other establishments may also offer currency exchange but typically at a much higher rate than official banks and offices.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.