Centesimo

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One Centesimo - 1852, Austrian Empire

The Centesimo ( Italian , plural Centesimi , abbreviation Cent. , Also Cnt. ) Or Centésimo ( Spanish , plural Centésimos , abbreviation c or cts ) is the hundredth sub-unit of various currencies in the Italian and Spanish-speaking countries.

In the Italian-speaking area

With Napoleon's campaigns of conquest , the French coin system also came to Italy. Derived from the French centime , the centesimo was used as a small coin in the Napoleonically ruled Italian states and remained in use beyond this rule. In 1861 the Centesimo became a sub-unit of the first all-Italian currency, the Lira . After the Second World War, the lira lost value and no more Centesimo coins were minted. In 2002, with the introduction of euro cash, the Centesimo also officially disappeared; the euro cent is called “centesimo” in Italy.

The Vatican and San Marino were linked to Italy in a monetary union and until 2001 also knew the Centesimo (which was also no longer minted after the Second World War).

“Centesimo” is also the official Italian name for the black horse as a sub-unit of the Swiss franc .

The Somalia shilling is divided into 100 centesimi or senti. Until 1967 the currency denomination on coins was "Centesimo"; later editions are labeled with "Senti". The name goes back to the influence of Italy. Italian Somaliland was an Italian colony from 1888 to 1941/1947 and a UN trust territory from 1950 to 1960.

In Spanish-speaking countries

The Uruguayan peso and the Panamanian balboa are divided into 100 centésimos, as is the Chilean escudo , which existed from 1960 to 1975 .

Individual evidence

  1. Helmut Kahnt, Bernd Knorr: Old dimensions, coins and weights. A lexicon. Bibliographisches Institut, Leipzig 1986, licensed edition Mannheim / Vienna / Zurich 1987, ISBN 3-411-02148-9 , p. 378.