BIAO to UYU Converter and calculator


Conversion rates
Convert BIAO to UYU
Convert UYU to BIAO
BIAO to UYU chart
BIAO to UYU conversion data: Volatility and price changes of Biao Coin in UYU
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0004368 UYU | 0.0007304 UYU | 0.0008509 UYU | 0.0008509 UYU |
Low | 0.0003979 UYU | 0.0003979 UYU | 0.0003752 UYU | 0.0002375 UYU |
Average | 0 UYU | 0 UYU | 0 UYU | 0 UYU |
Volatility | % | % | % | % |
Change | -4.70% | -33.83% | -26.68% | +13.23% |
Biao Coin information
BIAO to UYU market statistics
Current BIAO to UYU exchange rate
Biao Coin to Uruguayan Peso is falling this week.More info about Biao Coin on Bitget
Uruguayan Peso information
About Uruguayan Peso (UYU)
The Uruguayan Peso (UYU), introduced in 1896, is the official currency of Uruguay and a key symbol of the nation's economic stability and progress. It is commonly abbreviated as UYU and represented by the symbol $. The Peso's introduction marked a significant step in Uruguay's journey towards creating a robust and independent economy.
Historical Background
The introduction of the Uruguayan Peso was a crucial development in Uruguay’s economic history, reflecting the country's efforts to establish a stable and sovereign monetary system. The Peso replaced the Uruguayan currency known as the “patacón,” signifying Uruguay's transition from a largely agrarian economy to one more integrated with international markets.
Design and Symbolism
The design of the Uruguayan Peso reflects the nation’s cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, landmarks, and symbols of Uruguay’s rich flora and fauna. These designs not only serve as a medium for financial transactions but also as reminders of Uruguay's unique identity and pride.
Economic Role
The Peso plays a central role in Uruguay’s economy, characterized by its robust agricultural sector, growing tourism industry, and a well-developed service sector. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of Uruguayans.
Monetary Policy and Stability
Managed by the Central Bank of Uruguay, the Peso has maintained relative stability in a region often marked by economic volatility. The bank’s monetary policies focus on maintaining this stability, controlling inflation, and fostering a healthy economic environment conducive to growth and investment.
International Trade and the Uruguayan Peso
In international trade, the stability of the Peso is crucial, particularly for Uruguay's exports such as beef, soybeans, and dairy products. A stable Peso is vital for maintaining competitive export prices and for managing the import of goods.
Remittances and Economic Impact
Remittances from Uruguayans living abroad, particularly in Spain, Argentina, and the USA, are a significant source of foreign income. These remittances, converted into Pesos, support many families and contribute to the national economy.
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BIAO to UYU Conversion tables
Amount | 00:13 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BIAO | $0.0002044 | $0.0002145 | -4.70% |
1 BIAO | $0.0004089 | $0.0004291 | -4.70% |
5 BIAO | $0.002044 | $0.002145 | -4.70% |
10 BIAO | $0.004089 | $0.004291 | -4.70% |
50 BIAO | $0.02044 | $0.02145 | -4.70% |
100 BIAO | $0.04089 | $0.04291 | -4.70% |
500 BIAO | $0.2044 | $0.2145 | -4.70% |
1000 BIAO | $0.4089 | $0.4291 | -4.70% |
BIAO to UYU FAQ
What factors influence the conversion rate of BIAO to UYU?
Popular exchange rates — Crypto-to-Fiat converter
The price of Biao Coin in the US is $0.{5}9994 USD. Additionally, Biao Coin’s price is €0.{5}8719 EUR in the eurozone, £0.{5}7458 GBP in the UK, C$0.{4}1375 CAD in Canada, ₹0.0008655 INR in India, ₨0.002837 PKR in Pakistan, R$0.{4}5510 BRL in Brazil, and more.
The most popular Biao Coin currency pair is the BIAO to Uruguayan Peso(UYU). The price of 1 Biao Coin (BIAO) in Uruguayan Peso (UYU) is $0.0004089.
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