peso
Sign in to savethumb|right|300px| The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", was originally used as an abbreviation of "pesos" and later adopted by the dollar. The dollar itself actually originated from the peso or Spanish dollar in the late 18th century. The sign "₱" is used in the Philippines.
AI overview
The peso is the currency used in several Spanish-speaking countries in Latin America as well as the Philippines, with the name originating from the Spanish Empire and meaning "weight." The peso is historically significant because the modern dollar and its "$" symbol actually derived from the Spanish peso, making it an important ancestor of one of the world's most widely used currencies.
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Article
10 sectionsContents
- Origin and history
- 1537–1686 piece of eight
- In Spain
- 1821–1897 Mexican dollar
- Philippine peso
- Countries that use pesos
- Current
- Obsolete
- See also
- References
thumb|right|300px| The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", was originally used as an abbreviation of "pesos" and later adopted by the dollar. The dollar itself actually originated from the peso or Spanish dollar in the late 18th century. The sign "₱" is used in the Philippines.
The silver peso worth eight reales was also known in English as a Spanish dollar or "piece of eight" and was widely used for international trade from the 16th to the 19th century.