Report on the dollar exchange rate in Uruguay and its drivers
The dollar exchange rate in Uruguay closed this Thursday, September 4, 2025, at $40.14 interbank, a positive change of 0.23% compared to the previous close. The session showed modest movements but important data for savers and businesses. According to Banco República (BROU), the buying price was $38.85 and the selling price was $41.25, while the dollar index fell slightly at the close.
The eBROU dollar, BROU's preferred exchange rate, closed the session at $39.35 buying and $40.75 selling, benchmarks that many operators and clients use as a guide for electronic transactions.
Dollar Board: closing, differences and behavior of the day
The dollar exchange rate showed a slight contraction: buying fell 0.13% and selling fell 0.12% at the end of trading. This indicator reflects the quotes seen at physical counters and is useful for those planning spot transactions or needing a quick reference. To understand the movement, it's important to compare the exchange rate with the interbank and eBROU exchange rates, which tend to move in sync but with small gaps.
eBROU Dollar: the preferential BROU rate and its use
The eBROU, designed as a preferential electronic exchange rate from Banco República, closed at $39.35 (buy) and $40.75 (sell), levels many citizens check before purchasing dollars through digital channels. Its behavior, sometimes more stable than the online exchange rate, responds to the bank's supply and demand curve and market movements that the BROU closely monitors.
Monetary Policy: Why It Matters for the Price
The dollar's fluctuations in 2024 and 2025 largely responded to external and domestic monetary policy decisions: the US Federal Reserve adjusted rates in 2024, impacting capital flows; the Central Bank of Uruguay maintained high rates to contain inflation and defend the peso, and only eased this policy toward the second half of 2023.
These changes partly explain the dollar's 12.93% rally in 2024, following two years in which the US currency had depreciated against the Uruguayan peso.
International Markets: external factors that influence
Geopolitical events, commodity price fluctuations, and changes in global economic policy alter dollar demand and risk perceptions, ultimately impacting the local exchange rate. Furthermore, domestic indicators such as growth, foreign investment, and export performance also influence the supply of foreign currency in the Uruguayan market.
Practical recommendations: savings and investment in the face of volatility
If you spend in Uruguayan pesos, it makes sense to use that currency; exchanging them for dollars is only advisable if you're spending in dollars or looking to hedge against price increases. To protect against inflation, saving in Indexed Units (UI) is usually a more effective option: UIs adjust their value according to inflation, and there are instruments that allow investing within that framework.
For risk-tolerant profiles, diversifying your portfolio between pesos, UIs, dollars, and international assets reduces exposure to sudden fluctuations. It's always advisable to consult a regulated financial advisor for personalized decisions.
