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Records show that immigrants from Uruguay first arrived to Australia in the 1960s, when the former was witnessing increased political turmoil and economic deterioration. Uruguay saw a significant rise in unemployment levels during the late 1960s and early 1970s. By 1973, around 400,000 people left Uruguay, some of whom found their way to Australian shores.
As per the 2006 Australian census, around 9,300 Australians were born in Uruguay. Around 6,500 claimed to be of Uruguayan descent.
Australia and Uruguay maintain trade relations. They also share an interest in fisheries within the Southern Ocean. Both nations are members of the Convention for the Conservation of Antarctic Marine Living Resources and the Cairns Group. Between 2007 and 2008, imports from Uruguay to Australia stood at $27 million. Exports to Uruguay during the same period valued at around $24 million.
Instances of transferring money to Uruguay from Australia are not uncommon. This guide takes you through the options you get and tells you how to pick one in accordance to your needs.
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Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to Uruguay with an online money transfer provider.
Work got Lucia Rodriguez to Australia and she’s to remain here indefinitely. Her mother, younger sister and ailing grandmother continue living in Uruguay. Lucia has to keep sending money back home so her family can meet everyday expenses and pay for her grandmother’s treatment. She figures around $1,000 every month should suffice.
Lucia checked with her bank to see if she could use its services for the transfer. However, since the Uruguayan peso is an exotic currency, her bank did not transfer funds to Uruguay. She decided to compare money transfer companies using the Internet. This is what she found.
| Money transfer service 1 | Money transfer service 2 | |
|---|---|---|
| Exchange rate | $1 = UYU21.6282 | $1 = UYU21.0643 |
| Transfer fee | $60 | $0 |
| Amount received for $1,000 | UYU20330.47 | UYU21,064.30 |
| Transfer time | 1 day | 1-2 days |
| Transfer options | Cash pickup | Bank account |
| Difference of | UYU733.83 |
While the first money transfer company offered a better exchange rate than the second, the latter did not charge any fees for its services. This resulted in Lucia’s mother receiving more money through the second service provider. Besides, she was more than happy to transfer the money directly into her mother’s Uruguayan account. Going forward, Lucia decided to keep comparing her options every now and again.
Today's exchange rate AUD to UYU
Don’t go with the first money transfer company that comes your way. Instead, compare your options across different aspects.
You get to choose from different options when sending money to Uruguay from Australia.
If you’re to receive money from Uruguay in Australia, you get to choose from these options.
What do you do if you end up losing your wallet when you’re in Uruguay? Start by making the necessary calls to report your debit and credit cards as stolen. Don’t forget to report the matter to the police as well. Next, you can think about getting some emergency money in different ways.
Western Union and MoneyGram have several cash pickup centres in Uruguay. If you’re going to collect cash from any of these centres, take an acceptable form of ID such as your passport or driver’s license with you. If the transfer involves a large sum, call the centre in advance to find out if it has enough money. Here are some cash pickup locations in Uruguay.
Agencia 04 02
Zonamerica Edificio Beta 3 Local 14
Punta De Manga, Montevideo
+598-25182727
Open 24 hours
Dr Aquiles Lanza 1281
Entre Soriano Y San Jose
Centro, Montevideo
+598-29085056
Open 24 hours
Agencia 25 14
Artigas 798 Esq Larranaga
Salto
+598-47330496
Open 24 hours
Avda Batlle Y Ordonez 2265
Salto Shopping
Salto
+598-47337400
Open 10am to 9pm, Monday to Sunday
Redpagos Cofas
Acevedo Diaz 1663
Montevideo
+598-4012949
Open 9am to 9pm, Monday to Friday,
9am to 1pm, Saturday, closed on Sunday
De Julio 18 1581
Montevideo
+598-4011646
Open 9am to 8pm, Monday to Friday,
9am to 2pm, Saturday, closed on Sunday
Redpagos Tata Salto - #328
Dr. Francisco Soca 220
Salto
+598-47320722
Open 8am to 10pm, Monday to Sunday
Apolon De Mirbeck 1058
Salto
+598-47334447
Open 8am to 8:30pm, Monday to Saturday, closed on Sunday
The Department of Foreign Affairs and Trade advises Australians to employ normal safety precautions in Uruguay. When you pick money from a cash pickup centre, see if you can get someone to go with you. Don’t keep too much money with you and refrain from wearing expensive jewellery or watches.
Petty crime such as bag snatching and pickpocketing is common. Avoid using ATMs on the street. Exercise caution in areas frequented by foreigners in and around Montevideo. These include Avenida 18 de Julio, La Ciudad Vieja and Plaza Independencia. Avoid walking alone in the port and downtown area. Try to avoid the Cerro neighbourhood completely.
Instances of petty crime increase in summer months, especially in areas that house beach resorts.
The steps involved in sending money to Uruguay depend on the method you choose.
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