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UYU to EUR - Uruguayan Peso to Euro Converter

Convert Uruguayan Peso to Euro with daily ECB exchange rates

1 UYU = ~0.0219 EUR (rates vary)

Rates verified daily from ECB official reference ratesSource: European Central Bank (16:00 CET daily)For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

UYU to EUR is volatile. Rely on live rates for a precise estimate before large transfers.

Rates can move 2-5% in a week. Use rate alerts and consider forward contracts for future costs.

✈️ Travel budgeting💼 Cross-border invoicing💸 Remittance planning

Common UYU - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Policy moves by the Uruguayan central bank, inflation gaps, commodity prices, and global risk sentiment all shape the rate. Trade balances with the EU and shifts in demand also matter.

Economic Context

Trading Relationship

Uruguay and Eurozone trade involves beef, soy, and machinery, with EUR payments common for EU buyers.

Key Rate Factors

  • Uruguay central bank policy and inflation control
  • Inflation differentials between Uruguay and the Eurozone
  • Trade balance with EU markets and commodity prices
  • Political stability and policy signals
  • Market risk sentiment and liquidity conditions

Central Banks

Banco Central de la República Oriental del Uruguay
Montevideo, Uruguay
Sets monetary policy and targets inflation to maintain price stability.
European Central Bank
Frankfurt, Germany
Sets euro-area policy and manages liquidity for price stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates