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Peso

From Simple English Wikipedia, the free encyclopedia
The eight real coin of Philip V of Spain ('Spanish dollar' or 'piece of eight')

The peso is the monetary unit of several countries in the Americas and the Philippines. Originating in Spain, the word peso translates to "weight" and uses the peso sign ("$"; "₱" in the Philippines).

The silver peso worth eight reales was also known in English as a Spanish dollar or "piece of eight" and was a widely used international trade coin from the 16th to 19th centuries.

In 1868, Spain discontinued the peso as its main currency and replaced it with the peseta. However, both the peso and the peseta both continued to be legal currencies up until 2002 with the euro.

Countries that use pesos

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Countries Currency ISO 4217 code
Argentina[1] Argentine peso ARS
Chile Chilean peso CLP
Colombia Colombian peso COP
Cuba Cuban peso CUP
Dominican Republic Dominican peso DOP
Mexico Mexican peso MXN
Philippines[2] Philippine peso PHP
Uruguay Uruguayan peso UYU
Country Former currency Final Year Current currency
Bolivia Bolivian peso 1986 Bolivian boliviano
Costa Rica Costa Rican peso 1986 Costa Rican colón
Ecuador Ecuadorian peso 1884 United States dollar
El Salvador Salvadoran peso 1919 United States dollar
Equatorial Guinea Equatorial Guinean peso 1975 Central African CFA franc
Guatemala Guatemalan peso 1925 Guatemalan quetzal
Guinea-Bissau Guinea-Bissau peso 1997 West African CFA franc
Honduras Honduran peso 1931 Honduran lempira
Nicaragua Nicaraguan peso 1912 Nicaraguan córdoba
Paraguay Paraguayan peso 1943 Paraguayan guaraní
Peru Peruvian peso 1863 Peruvian sol
Puerto Rico Puerto Rican peso 1900 United States dollar
Spain Spanish peso 1869 Euro
Venezuela Venezuelan peso 1874 Venezuelan bolívar
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References

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  1. "Which Countries Use The Peso As A Unit Of Currency?". WorldAtlas. 2018-08-15. Retrieved 2024-05-01.
  2. "Which Countries Use The Peso As A Unit Of Currency?". WorldAtlas. 2018-08-15. Retrieved 2024-05-01.