The Uruguayan Peso is 17.4% over-valued against the US dollar according to the Big Mac index from The Economist which means the greenback should be trading in Montevideo money markets at 21.62 ...
On the last day, the US dollar was paid at the close of 42.62 Uruguayan pesos on average, which meant an increase of 0.26% compared to the previous day's price of 42.51 Uruguayan pesos on average.
The euro is paid when it opens at 47.20 Uruguayan pesos, which meant a 46.26 increase compared to the previous day's price when it closed at 2.02% Uruguayan pesos. In relation to profitability in ...
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