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Mexican Peso
The Mexican peso (Currency symbol, symbol: $; ISO 4217, code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use dollar sign, its sign, "$". The current ISO 4217 code for the peso is ''MXN''; prior to the #Nuevo peso, 1993 revaluation, the code ''MXP'' was used. The peso is subdivided into 100 , represented by "cent sign, ¢". The Mexican peso is the 15th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. , the peso's exchange rate was $20.50 per euro, $19.80 per U.S. dollar, and $15.50 per Canadian dollar. History Etymology The name was first used in reference to ('gold weights') or ('silver weights'). The Spanish word means 'weight'. Compare the British pound sterling. Other countries that use are Argentine peso, Argentina, Chilean pes ...
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United States Note
A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the U.S. Having been current for 109 years, they were issued for longer than any other form of U.S. paper money. They were known popularly as "greenbacks", a name inherited from the earlier greenbacks, the Demand Notes, that they replaced in 1862. Often termed Legal Tender Notes, they were named United States Notes by the First Legal Tender Act, which authorized them as a form of fiat currency. During the early 1860s the so-called ''second obligation'' on the reverse of the notes stated: By the 1930s, this obligation would eventually be shortened to: They were originally issued directly into circulation by the U.S. Treasury to pay expenses incurred by the Union during the American Civil War. During the next century, the legislation governing these notes was modified many times and numerous versions were issued by the Treasury. United States Notes that w ...
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Brazilian Real
The Brazilian real (plural, pl. '; currency symbol, sign: R$; ISO 4217, code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the Brazilian cruzeiro real, cruzeiro real in 1994. As of April 2019, the real was the twentieth most traded currency. History Currencies in use before the current real include: * The ''Portuguese real'' from the 16th to 18th centuries, with 1,000 ''réis'' called the ''milréis''. * The ''Brazilian real (old), old Brazilian real'' from 1747 to 1942, with 1,000 ''réis'' also called the ''milréis''. * The ''Brazilian cruzeiro (1942–1967), first cruzeiro'' from 1942 to 1967, at 1 cruzeiro = 1 ''milréis'' or 1,000 ''réis''. * The ''Brazilian cruzeiro novo, cruzeiro novo'' from 1967 to 1970, at 1 cruzeiro novo = 1,000 first cruzeiros. From 1970 it was simply called the ''Brazilian cruzeiro (1967-1986), (second) cruzeiro'' and was u ...
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Argentine Peso
The peso (established as the ''peso convertible'') is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 '' centavos''. Its ISO 4217 code is ARS. The Argentine currency has experienced severe inflation, with periods of hyperinflation, since the mid-20th century, with periodic change of the currency to a new version at a rate ranging from 100:1 to 10,000:1. The peso introduced in 1992 was worth 10,000,000,000,000 (ten trillion) of the pesos in use until 1970. Since the early 21st century, the Argentine peso has experienced a substantial rate of devaluation, reaching over 51% year-on-year inflation rate in 2021. The official exchange rate for the United States dollar commenced at 1:1 at the peso's introduction in 1992; it then hovered around 3:1 from 2002 to 2008, before climbing from 6:1 to 10:1 between 2009 and 2015. In July 2022, the value exchange rate with the U ...
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Nicaraguan Córdoba
The córdoba (, currency sign, sign: C$; ISO 4217, code: NIO) is the currency of Nicaragua. It is divided into 100 ''centavos''. History The first córdoba was introduced on March 20, 1912. It replaced the Nicaraguan peso, peso moneda corriente at a rate of pesos m/c = 1 córdoba and the peso fuerte at par. It was initially nearly equal to the US dollar. It was named after the Conquistador Francisco Hernández de Córdoba (founder of Nicaragua), Francisco Hernández de Córdoba. On February 15, 1988, the 2nd córdoba was introduced. It was equal to 1,000 1st córdobas. On April 30, 1991, the third córdoba, also called the ''córdoba oro'', was introduced, worth 5,000,000 2nd córdobas. Coins First córdoba In 1912, coins were introduced in denominations of , 1, 5, 10, 25 and 50 centavos and 1 córdoba. The and 1 centavo were minted in bronze, the 5 centavos in cupro-nickel and the higher denominations in silver. The 1 córdoba was only minted in 1912, whilst centavo p ...
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