The céntimo (in Spanish-speaking countries) or cêntimo (in Portuguese-speaking countries) was a currency unit of Spain, Portugal and their former colonies. The word derived from the Latin centimus [1] meaning "hundredth part". The main Spanish currency, before the euro, was the peseta which was divided into 100 céntimos. In Portugal it was the real and later the escudo, until it was also replaced by the euro. In the European community cent is the official name for one hundredth of a euro. However, both céntimo (in Spanish) and cêntimo (in Portuguese) are commonly used to describe the euro cent.
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La importancia del interés compuesto - Ejemplo 1 millón vs 1 céntimo
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Current use
Céntimo or cêntimo is one-hundredth of the following basic monetary units:
Portuguese cêntimo
Spanish céntimo
- Costa Rican colón (but as centavo between 1917 and 1920)
- Paraguayan guaraní
- Peruvian sol
- Philippine peso (also called centavo in English)
- Venezuelan bolívar
- Euro cent
Obsolete
Portuguese cêntimo
- Mozambican metica (never issued)
Spanish céntimo
References
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This page was last edited on 14 July 2023, at 22:31