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peso

peso

17 1.6
A unit of money used in countries like Mexico and the Philippines
  • noun
  • /ˈpeɪsoʊ/
translation icon : peso
  • Hey, mister, shine your shoes for one peso.
  • Mexican peso
  • peso/dollar
  • peso devaluation

Let's let the peso collapse to its true value.

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Examples

  • I was down to my last peso.

  • Mexico's peso did fall by more than ten percent in the month after Russia's debacle.

    Academic text (1999)
  • Wish I had a peso for every time I heard that old line.

  • There was a time when the peso was worth something.

    Fiction book (1995)
  • The lieutenant took out the peso to show her.

    Fiction book (1996)
  • Even before the peso fell, growth averaged only 3.1 percent in Latin America as a whole.

    Academic text (1996)
  • The appreciation of the peso especially hurt small and medium-sized businesses that lacked access to international capital markets.

    Academic text (1999)
  • I was down to my last peso.

  • The devaluation of the peso has meant their money buys less than it once did.

  • So Rue made her choice and took a fifty-peso note from her skirt pocket.

Compounds

1 2.0

The official money used in Mexico equal to 100 centavos

1 3.3

The money used in Cuba that equals 100 centavos

Money used in Chile that is divided into 100 smaller units

The money used in Colombia that is equal to 100 centavos

Money used in the Dominican Republic, equal to 100 centavos

9.9

Former main money used in Guinea-Bissau from 1975 to 1997

The official money of the Philippines, equal to 100 centavos

9.3

A unit of money formerly used in parts of the South Pacific

Money used in Uruguay that is divided into 100 smaller units

Surface Forms

peso singular
pesos plural

Etymology

Peso originally meant 'weight' in Spanish and comes from an old Latin root pendere meaning 'to weigh'. Because coins were once valued by their weight of silver, peso became the name for the money, like the English word pound which also began as a weight.