Peso

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

Current

Countries	Currency	ISO 4217 code
Argentina	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	Philippine peso	PHP
Uruguay	Uruguayan peso	UYU

Former

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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