1 UYU to XBT Bitcoin

July 17, 2023 by pkr_to_usd_786

1 UYU to XBT Bitcoin
Uruguay Peso , Uruguayan peso (Spanish: peso uruguayo) has been a name of the Uruguayan currency since Uruguay\’s settlement by Europeans. The present currency, … >>> Find out more from wikipedia. category >>> UYU

1 UYU to XBT Bitcoin

1 Uruguayan Peso ( UYU ) = 9.8725161917238E-7 Bitcoin (XBT)

1 UYU = 9.8725161917238E-7 XBT

1 XBT = 1012913.0006779 UYU

Amount :

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1 Uruguayan Peso ( UYU ) Is equal to 9.8725161917238E-7 Bitcoin (XBT)
Uruguay Peso
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Uruguayan Peso

Uruguay Peso , Uruguayan peso (Spanish: 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. Introduction Uruguay obtained monetary stability in 1896, based on the gold standard. This favorable state of affairs ended after World War I. An unsettled period followed. Economic difficulties after World War II produced inflation, which became serious after 1964 and continued into the 1970s. The peso moneda nacional was replaced on 1 July 1975 by the nuevo peso (new peso; ISO 4217 code UYP) at a rate of 1 new peso for 1000 old pesos. The nuevo peso was also subdivided into 100 centésimos. After further inflation, the peso uruguayo (ISO 4217 code UYU) replaced the nuevo peso on March 1, 1993, again at a rate of 1 new for 1000 old. Inflation 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" towards future devaluement. 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 abruptly devalued ("the tablita was broken"), throwing thousands of companies and individuals into bankruptcy. In the 1990s, a new mechanism to provide predictability was introduced, this time in the form of a sliding range, with top and bottom margins, at which the government would intervene. In 2002, after a banking crisis and amid a huge budget deficit, the currency was again allowed to float, losing almost 50% of its value in a couple of weeks, and, again, throwing into bankruptcy thousands of companies and individuals who held debts denominated in US dollars. In 2004 a phenomenon completely new to most Uruguayans developed: the currency appreciated in nominal terms against the US dollar, going from 30 to 24 pesos to the dollar. By 2008 the peso reached 19 to the US dollar, recovering more than half of its loss during the crisis. This revaluation brought protests from the industrial sector, which felt that it lost competitiveness, but by July 2020, the peso had inflated to over 40 to the dollar. The government hopes that a floating currency will "de-dollarize" the economy. Uruguay does not seem to have found a mechanism that provides the exchange rate some level of predictability, while at the same time allowing the country to adapt its prices so that its exports remain competitive. Find out more from wikipedia

Bitcoin

BTC , Bitcoin (abbreviation: BTC[a] or XBT[b]; sign: ₿) is a protocol which implements a highly available, public, and decentralized ledger. In order to update the ledger, a user must prove they control an entry in the ledger. The protocol specifies that the entry indicates an amount of a token, bitcoin with a minuscule b. The user can update the ledger, assigning some of their bitcoin to another entry in the ledger. Because the token has characteristics of money, it can be thought of as a digital currency. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.: ch. 1 The word "bitcoin" was defined in a white paper published on October 31, 2008. It is a compound of the words bit and coin. Bitcoin is legal in seven of the top ten world economies by GDP in 2022. ] The Library of Congress reports that, as of November 2021, nine countries have fully banned bitcoin use, while a further forty-two have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russian invasion. Iran has used bitcoin to bypass sanctions. In the United States, there is "no intention" to ban Bitcoin. Bitcoin has been described as an economic bubble by at least eight recipients of the Nobel Memorial Prize in Economic Sciences. The environmental impact of bitcoin is worth noting. Its proof-of-work algorithm for bitcoin mining is designed to be computationally difficult, which requires the consumption of increasing quantities of electricity, the generation of which has contributed to climate change. According to the University of Cambridge, bitcoin has emitted an estimated 200 million metric tonnes of carbon dioxide since its launch, or about 0.04% of all carbon dioxide released since 2009. Bitcoin miners have an economic incentive to use the cheapest forms of energy. Renewable energy is the cheapest form of energy over time, so it is in a Bitcoin miner's economic interest to use the cheaper renewable energy when possible. For instance, the UNESCO World Heritage Site, Virunga National Park, in eastern Congo, Africa pays for its operations, using a profitable Bitcoin mining operation powered by the Park's hydroelectric plant. Oil and gas giant Exxon mines Bitcoin using the natural gas flared by oil mining operations to generate their electricity. Mining Bitcoin this way makes use of an otherwise "monumental waste of a valuable natural resource". Still other miners reduce their overall energy bill by using the heat generated by their computers to heat their homes or hot tubs. Design Units and divisibility The unit of account of the bitcoin system is the bitcoin. Currency codes for representing bitcoin are BTC[a] and XBT.[b] : 2 Its Unicode character is ₿. One bitcoin is divisible to eight decimal places. : ch. 5 Units for smaller amounts of bitcoin are the millibitcoin (mBTC), equal to 1⁄1000 bitcoin, and the satoshi (sat), which is the smallest possible division, and named in homage to bitcoin's creator, representing 1⁄100000000 (one hundred millionth) bitcoin. 100,000 satoshis are one mBTC.
Find out more from wikipedia

Convertion Chart UYU to XBT
UYU		XBT


5 UYU	=	0 XBT
10 UYU	=	0 XBT
15 UYU	=	0 XBT
20 UYU	=	0 XBT
25 UYU	=	0 XBT
30 UYU	=	0 XBT
35 UYU	=	0 XBT
40 UYU	=	0 XBT
45 UYU	=	0 XBT
50 UYU	=	0 XBT
55 UYU	=	0.0001 XBT
60 UYU	=	0.0001 XBT
65 UYU	=	0.0001 XBT
70 UYU	=	0.0001 XBT
75 UYU	=	0.0001 XBT
80 UYU	=	0.0001 XBT
85 UYU	=	0.0001 XBT
90 UYU	=	0.0001 XBT
95 UYU	=	0.0001 XBT
100 UYU	=	0.0001 XBT
105 UYU	=	0.0001 XBT
110 UYU	=	0.0001 XBT
115 UYU	=	0.0001 XBT
120 UYU	=	0.0001 XBT
125 UYU	=	0.0001 XBT
130 UYU	=	0.0001 XBT
135 UYU	=	0.0001 XBT
140 UYU	=	0.0001 XBT
145 UYU	=	0.0001 XBT
150 UYU	=	0.0001 XBT
155 UYU	=	0.0002 XBT
160 UYU	=	0.0002 XBT
165 UYU	=	0.0002 XBT
170 UYU	=	0.0002 XBT
175 UYU	=	0.0002 XBT
180 UYU	=	0.0002 XBT
185 UYU	=	0.0002 XBT
190 UYU	=	0.0002 XBT
195 UYU	=	0.0002 XBT
200 UYU	=	0.0002 XBT
205 UYU	=	0.0002 XBT
210 UYU	=	0.0002 XBT
215 UYU	=	0.0002 XBT
220 UYU	=	0.0002 XBT
225 UYU	=	0.0002 XBT
230 UYU	=	0.0002 XBT
235 UYU	=	0.0002 XBT
240 UYU	=	0.0002 XBT
245 UYU	=	0.0002 XBT
250 UYU	=	0.0002 XBT
255 UYU	=	0.0003 XBT
260 UYU	=	0.0003 XBT
265 UYU	=	0.0003 XBT
270 UYU	=	0.0003 XBT
275 UYU	=	0.0003 XBT
280 UYU	=	0.0003 XBT
285 UYU	=	0.0003 XBT
290 UYU	=	0.0003 XBT
295 UYU	=	0.0003 XBT
300 UYU	=	0.0003 XBT
305 UYU	=	0.0003 XBT
310 UYU	=	0.0003 XBT
315 UYU	=	0.0003 XBT
320 UYU	=	0.0003 XBT
325 UYU	=	0.0003 XBT
330 UYU	=	0.0003 XBT
335 UYU	=	0.0003 XBT
340 UYU	=	0.0003 XBT
345 UYU	=	0.0003 XBT
350 UYU	=	0.0003 XBT
355 UYU	=	0.0004 XBT
360 UYU	=	0.0004 XBT
365 UYU	=	0.0004 XBT
370 UYU	=	0.0004 XBT
375 UYU	=	0.0004 XBT
380 UYU	=	0.0004 XBT
385 UYU	=	0.0004 XBT
390 UYU	=	0.0004 XBT
395 UYU	=	0.0004 XBT
400 UYU	=	0.0004 XBT
405 UYU	=	0.0004 XBT
410 UYU	=	0.0004 XBT
415 UYU	=	0.0004 XBT
420 UYU	=	0.0004 XBT
425 UYU	=	0.0004 XBT
430 UYU	=	0.0004 XBT
435 UYU	=	0.0004 XBT
440 UYU	=	0.0004 XBT
445 UYU	=	0.0004 XBT
450 UYU	=	0.0004 XBT
455 UYU	=	0.0004 XBT
460 UYU	=	0.0005 XBT
465 UYU	=	0.0005 XBT
470 UYU	=	0.0005 XBT
475 UYU	=	0.0005 XBT
480 UYU	=	0.0005 XBT
485 UYU	=	0.0005 XBT
490 UYU	=	0.0005 XBT
495 UYU	=	0.0005 XBT
500 UYU	=	0.0005 XBT

Convertion Chart XBT to UYU
Bitcoin		UYU


5 XBT	=	5064565.0034 UYU
10 XBT	=	10129130.0068 UYU
15 XBT	=	15193695.0102 UYU
20 XBT	=	20258260.0136 UYU
25 XBT	=	25322825.0169 UYU
30 XBT	=	30387390.0203 UYU
35 XBT	=	35451955.0237 UYU
40 XBT	=	40516520.0271 UYU
45 XBT	=	45581085.0305 UYU
50 XBT	=	50645650.0339 UYU
55 XBT	=	55710215.0373 UYU
60 XBT	=	60774780.0407 UYU
65 XBT	=	65839345.0441 UYU
70 XBT	=	70903910.0475 UYU
75 XBT	=	75968475.0508 UYU
80 XBT	=	81033040.0542 UYU
85 XBT	=	86097605.0576 UYU
90 XBT	=	91162170.061 UYU
95 XBT	=	96226735.0644 UYU
100 XBT	=	101291300.0678 UYU
105 XBT	=	106355865.0712 UYU
110 XBT	=	111420430.0746 UYU
115 XBT	=	116484995.078 UYU
120 XBT	=	121549560.0813 UYU
125 XBT	=	126614125.0847 UYU
130 XBT	=	131678690.0881 UYU
135 XBT	=	136743255.0915 UYU
140 XBT	=	141807820.0949 UYU
145 XBT	=	146872385.0983 UYU
150 XBT	=	151936950.1017 UYU
155 XBT	=	157001515.1051 UYU
160 XBT	=	162066080.1085 UYU
165 XBT	=	167130645.1119 UYU
170 XBT	=	172195210.1152 UYU
175 XBT	=	177259775.1186 UYU
180 XBT	=	182324340.122 UYU
185 XBT	=	187388905.1254 UYU
190 XBT	=	192453470.1288 UYU
195 XBT	=	197518035.1322 UYU
200 XBT	=	202582600.1356 UYU
205 XBT	=	207647165.139 UYU
210 XBT	=	212711730.1424 UYU
215 XBT	=	217776295.1457 UYU
220 XBT	=	222840860.1491 UYU
225 XBT	=	227905425.1525 UYU
230 XBT	=	232969990.1559 UYU
235 XBT	=	238034555.1593 UYU
240 XBT	=	243099120.1627 UYU
245 XBT	=	248163685.1661 UYU
250 XBT	=	253228250.1695 UYU
255 XBT	=	258292815.1729 UYU
260 XBT	=	263357380.1763 UYU
265 XBT	=	268421945.1796 UYU
270 XBT	=	273486510.183 UYU
275 XBT	=	278551075.1864 UYU
280 XBT	=	283615640.1898 UYU
285 XBT	=	288680205.1932 UYU
290 XBT	=	293744770.1966 UYU
295 XBT	=	298809335.2 UYU
300 XBT	=	303873900.2034 UYU
305 XBT	=	308938465.2068 UYU
310 XBT	=	314003030.2101 UYU
315 XBT	=	319067595.2135 UYU
320 XBT	=	324132160.2169 UYU
325 XBT	=	329196725.2203 UYU
330 XBT	=	334261290.2237 UYU
335 XBT	=	339325855.2271 UYU
340 XBT	=	344390420.2305 UYU
345 XBT	=	349454985.2339 UYU
350 XBT	=	354519550.2373 UYU
355 XBT	=	359584115.2406 UYU
360 XBT	=	364648680.244 UYU
365 XBT	=	369713245.2474 UYU
370 XBT	=	374777810.2508 UYU
375 XBT	=	379842375.2542 UYU
380 XBT	=	384906940.2576 UYU
385 XBT	=	389971505.261 UYU
390 XBT	=	395036070.2644 UYU
395 XBT	=	400100635.2678 UYU
400 XBT	=	405165200.2712 UYU
405 XBT	=	410229765.2745 UYU
410 XBT	=	415294330.2779 UYU
415 XBT	=	420358895.2813 UYU
420 XBT	=	425423460.2847 UYU
425 XBT	=	430488025.2881 UYU
430 XBT	=	435552590.2915 UYU
435 XBT	=	440617155.2949 UYU
440 XBT	=	445681720.2983 UYU
445 XBT	=	450746285.3017 UYU
450 XBT	=	455810850.305 UYU
455 XBT	=	460875415.3084 UYU
460 XBT	=	465939980.3118 UYU
465 XBT	=	471004545.3152 UYU
470 XBT	=	476069110.3186 UYU
475 XBT	=	481133675.322 UYU
480 XBT	=	486198240.3254 UYU
485 XBT	=	491262805.3288 UYU
490 XBT	=	496327370.3322 UYU
495 XBT	=	501391935.3356 UYU
500 XBT	=	506456500.3389 UYU