Centavo
A centavo (from the Latin centum "hundred", from the Spanish or Portuguese word cento ) is the smallest currency unit in many, especially in Spanish or Portuguese-speaking countries (one hundredth of the base unit, especially one hundredth of a peso or one hundredth of an escudo ) .
Currently (October 2006) the Centavo (abbreviated c , also ¢ ; plural: Centavos , abbreviated cts , also ctvs , cvs , C and CT ) is used in the following countries (the name of the base unit in brackets):
- Argentina ( Peso )
- Bolivia ( Boliviano )
- Brazil ( Real )
- Chile ( Peso )
- Dominican Republic ( Peso )
- El Salvador ( Colon )
- Guatemala ( Quetzal )
- Honduras ( Lempira )
- Cape Verde ( Escudo )
- Colombia ( Peso )
- Cuba ( Peso )
- Mexico ( Peso )
- Mozambique ( Metical )
- Nicaragua ( Cordoba Oro )
- Philippines ( Peso ),
also in East Timor and Ecuador , where the US dollar is the national currency, but the coins are minted in the country and are not called cents , but Centavo in East Timor and Centavo del Sucre in Ecuador.
Centavos used to be available in
- Ecuador ( Sucre , 1884–2000; the centavo still exists today as a sub-unit of the US dollar)
- Guinea-Bissau (Peso, 1975–1997)
- Paraguay (Peso, –1943)
- Peru ( Sol , –1985)
- Portugal ( Escudo , -1999/2002)
In Portugal, however, the Centavo was no longer in use long before the introduction of the euro .
In Argentina, Bolivia, Brazil, Nicaragua and East Timor, Centavo was already the name for a hundredth of one or more predecessors of the currency that is valid today.
See also
Individual evidence
- ↑ 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 , pp. 375–378.