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Centavos
The centavo ( Spanish and Portuguese 'one hundredth') is a fractional monetary unit that represents one hundredth of a basic monetary unit in many countries around the world. The term comes from Latin ''centum'', ('one hundred'), with the added suffix ''-avo'' ('portion'). Circulating Places that currently use the centavo include: * Argentine peso *Bolivian boliviano *Brazilian real *Cape Verdean escudo * Colombian peso * Cuban peso *Dominican peso *East Timor centavo coins *Ecuadorian centavo coins * Guatemalan quetzal * Honduran lempira *Mexican peso * Mozambican metical *Nicaraguan córdoba *Philippine peso (''In English usage; ''séntimo'' or céntimo is used in Tagalog and Spanish respectively.'') File:50 Centavos (Philippines).jpg, 50 Philippine centavos (1964) of the ''English series''. File:10 Philippine centavos (2).jpg, 10 Philippine centavos (1945), from the Commonwealth period. File:1-centavo-real-2003.png, 1 Brazilian centavo (2003), no longer produced. File:200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cuban Peso
The Cuban peso (in Spanish , ISO 4217 code: CUP) also known as , is the official currency of Cuba. The Cuban peso historically circulated at par with the Spanish-American silver dollar from the 16th to 19th centuries, and then at par with the U.S. dollar from 1881 to 1959. The Castro government then introduced the socialist planned economy and pegged the peso to the Soviet ruble. The Soviet Union's collapse in 1991 resulted in a Special Period of difficult economic adjustments for Cuba. From 1994 to 2020 the Cuban peso co-circulated with the Cuban convertible peso (ISO 4217 code "CUC"; colloquially pronounced "kook" in contrast to the CUP, often pronounced "koop"), which was convertible to and fixed against the U.S. dollar, and which was generally available to the public at a rate of US$1 = CUC 1 = CUP 25. State enterprises under the socialist planned economy, though, were entitled to exchange CUPs into CUCs and U.S. dollars at the official, subsidized rate of US$1 = CUC 1 = C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecuadorian Centavo Coins
Ecuadorian centavo coins were introduced in 2000 when Ecuador converted its currency from the sucre to the U.S. dollar. The coins are in denominations of 1, 5, 10, 25 and 50 centavos and are identical in size and value to their U.S. cent counterparts (although the U.S. 50-cent coin counterpart is not often seen in circulation). They circulate within Ecuador alongside coins and banknotes from the United States. Although U.S. $1 coins are rarely used in the U.S., they are commonly used in Ecuador. Ecuador managed to introduce a $1 coin (''un sucre'') but finally decided to not release in common circulation, only in 2000 coin sets. Ecuador does not issue any banknotes, relying on U.S. issues. Description Ecuadorian centavos bear the numeric value along with the value spelled out in Spanish, and the legend of the Banco Central del Ecuador; the reverse is printed with the portrait and name of a notable Ecuadorian, the legend "República del Ecuador" and the country's coat of arm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominican Peso
' ( en, Dominican peso) has been the name of the currency of the Dominican Republic ( es, República Dominicana) since 2011. Its Currency symbol, symbol is "Dollar sign, $", with "RD$" used when distinction from other pesos (or dollars) is required; its ISO 4217 code is "DOP". Each peso is divided into 100 ''centavos'' ("cents"), for which the ¢ symbol is used. With exception of the United States dollar, it is the only currency that is legal tender in the Dominican Republic for all monetary transactions, whether public or private. Before 2011, ''peso oro'' (English: Gold peso) was the official name of the currency of the Dominican Republic. History The first Dominican peso was introduced with the country's Dominican War of Independence, independence from Haiti in 1844. It replaced the Haitian gourde at par and was divided into 8 ''reales''. The Dominican Republic decimalized in 1877, subdividing the peso into 100 centavos. A second currency, the ''Dominican franco, franco'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Peso
The Philippine peso, also referred to by its Tagalog name ''piso'' (Philippine English: , , plural pesos; tl, piso ; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 ''sentimo'', also called centavos. The Philippine peso sign is denoted by the symbol "₱", introduced under American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P". The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac."Overview of the BSP" Bangko Sentral ng Pilipinas (BSP) Official Website. Retrieved on October 1, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Timor Centavo Coins
East Timor centavo coins were introduced in East Timor in 2003 for use alongside United States dollar banknotes and coins, which were introduced in 2000 to replace the Indonesian rupiah following the commencement of U.N. administration. One centavo is equal to one U.S. cent. Coins issued for general circulation are in denominations of 1, 5, 10, 25 and 50 centavos and feature images of local plants and animals. In 2013 a 100 centavos coin was introduced followed by a 200 centavos coin in 2017. The higher value coins, equivalent to and respectively, were designed to reduce the expense of replacing low-denomination U.S. banknotes as they wear out. , East Timor does not yet issue its own banknotes. The centavo coins are minted in Lisbon by the Imprensa Nacional-Casa da Moeda, the Portuguese national mint. Unlike coins issued for the Panamanian balboa or the Ecuadorian centavo, the East Timorese coins are not identical in size to their U.S. cent counterparts. See also * Centa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mozambican Escudo
The escudo was the currency of Mozambique from 1914 until 1980. It was subdivided into 100 ''centavos''. History The escudo replaced the real at a rate of 1 escudo = 1000 réis. It was equal in value to the Portuguese escudo until 1977. Initially, Mozambique had its own paper money but used Portuguese coins. Only in 1935 were coins issued specifically for use in Mozambique. In 1975, the metica was proposed as a replacement for the escudo, but it was not used. The escudo was replaced by the metical in 1980 at par. Coins Between 1935 and 1936, coins for 10, 20 and 50 centavos, 1, , 5 and 10 escudos, with the , 5 and 10 escudos in silver. In 1952, silver 20 escudos were issued. Between 1968 and 1971, base metal coins replaced the silver 5, 10 and 20 escudos. The last coins were issued in 1974. Banknotes In 1914, provisional issues for 100 and 1000 escudos were introduced, alongside regular issues for 10, 20 and 50 centavos, by the Banco Nacional Ultramarino. Emergency issues of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guinea Bissau Peso
The peso was the currency of Guinea-Bissau from 1975 to 1997 and was divided into 100 centavos. It replaced the escudo at par. In 1997, in an effort to stop high inflation, Guinea-Bissau adopted the CFA franc, using a conversion rate of 65 pesos to the franc. History The peso replaced the escudo in 1975. It was originally equivalent to the Portuguese escudo. Historical exchange rates *1975–1976: fixed exchange rate with the Portuguese escudo at parity. *1976–1977: fixed exchange rate with the Portuguese escudo (0.85 GWP = 1.00 PTE) *1977–1978: fixed exchange rate with the Portuguese escudo (0.74 GWP = 1.00 PTE) *26 May 1978–22 December 1983: fixed exchange rate with the special drawing rights at a rate of 44 pesos per SDR. *23 December 1983: Peso devalued to 88 per SDR. *4 May 1987: Peso devalued to 650 per USD. On December 1996, continued rapid inflation had eroded the value of the peso so that the exchange rate had become 225 pesos per Portuguese escudo. Coins Coins wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salvadoran Colón
The colón was the currency of El Salvador from 1892 until 2001, when it was replaced by the U.S. dollar during the presidency of Francisco Flores. The colón was subdivided into 100 centavos and its ISO 4217 code was SVC. The plural is "''colones''" in Spanish and the currency was named after Christopher Columbus, known as ''Cristóbal Colón'' in Spanish. Currency symbol The symbol for the colón is a ''c'' with two slashes. The symbol "₡" has Unicode code point U+20A1, and the decimal representation is 8353. In HTML it can be entered as ₡. The colón sign is not to be confused with the cent sign (¢), which has a code point U+00A2 in Unicode (or 162 in decimal), or with the cedi sign ₵, which has a code point U+20B5 in Unicode (or 8373 in decimal). Nonetheless, the commonly available cent symbol '¢' is frequently used locally to designate the colón in price markings and advertisements. History On October 1, 1892, the government of President Carlos Ezet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Escudo
The Portuguese escudo was the currency of Portugal from May 22nd 1911 until the introduction of the euro on January 1st 2002. The escudo was subdivided into 100 . The word derives from the scutum shield. Amounts in escudos were written as with the as the decimal separator (for example: means , means ). Because of the conversion rate of 1,000 = , three decimal places were initially used ( = ). History The currency replaced by the escudo in 1911 was denominated in Portuguese reals (plural: ) and worth 1,000 . The was equivalent to 2.0539 grams fine gold from 1688 to 1800, and 1.62585 g from 1854 to 1891. Gold worth 1.6 (or ; not to be confused with the 20th-century currency) were issued from 1722 to 1800 in denominations of , 1, 2, 4 and 8 . The escudo (gold) was again introduced on 22 May 1911, after the 1910 Republican revolution, to replace the real at the rate of 1,000 to 1 . The term (thousand ) remained a colloquial synonym of up to the 1990s. One million w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Cruzeiro (other)
Brazilian cruzeiro refers to any of four distinct Brazilian currencies: * Brazilian cruzeiro (1942–1967), worth 1,000 Brazilian réis * Brazilian cruzeiro (1967–1986), denominated ''cruzeiro novo'' between 1967 and 1970 in the transition from the previous standard banknotes to the new banknotes issued by Casa da Moeda do Brasil to avoid confusion between the old and the new currency. * Brazilian cruzeiro (1990–1993), redenomination of cruzado novo stemming from the Plano Collor. * Brazilian cruzeiro real (1993–1994), currency with a view to facilitating accounting transactions in the transition between cruzeiro and Real, necessary due to the difficulties of accounting values at the time due to inflation. See also * Brazilian cruzado (1986–1989) * Brazilian cruzado novo (1989–1990) * ''O Cruzeiro ''O Cruzeiro'' (initially just ''Cruzeiro'') was a Brazilian illustrated weekly magazine, published in Rio de Janeiro from 1928 until 1985, with the exception of the peri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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