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Centavo

Fractional monetary unit, 1/100

Summary

Fractional monetary unit, 1/100

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 (), with the added suffix -avo ('portion').

Coins of various denominations of centavos have been made from copper, stainless steel, aluminum-bronze, and silver.

Circulating

Places that currently use the centavo include:

  • Argentine peso
  • Bolivian boliviano
  • Brazilian real
  • Cape Verdean escudo
  • Colombian peso
  • Cuban peso
  • Dominican peso
  • East Timorese centavo coins
  • Ecuadorian centavo coins
  • Guatemalan quetzal
  • Honduran lempira
  • Macanese avos
  • Mexican peso
  • Mozambican metical
  • Nicaraguan córdoba
  • Philippine peso (In English usage; sentimo 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:2002phil01centobv.jpg|1 sentimo coin (2002), from the BSP series

Obsolete

Former forms of the centavo that are no longer in use include:

  • Brazilian cruzeiro (from 1942 to 1986 and from 1990 to 1993)
  • Brazilian cruzado (from 1986 to 1989)
  • Brazilian cruzado novo (from 1989 to 1990)
  • Costa Rican colón (Between 1917 and 1920 only. As céntimo for other periods.)
  • Ecuadorian sucre (New centavo coins continued to circulate after the sucre was replaced by U.S. dollar in 2000.)
  • Salvadoran colón
  • Guinea Bissau peso
  • Mozambican escudo
  • Portuguese escudo (before the euro was introduced)
  • Portuguese Guinean escudo
  • Portuguese Indian escudo
  • Puerto Rican peso
  • São Tomé and Príncipe escudo
  • Venezuelan venezolano
  • Venezuelan peso
  • Chilean Cent (from 1975 to 1983, as a subdivision of the Chilean peso; out of circulation due to inflation)

References

References

  1. (March 2014). "A Dictionary of Finance and Banking". OUP Oxford.
  2. (5 May 2016). "Numismatic Archaeology of North America". Taylor & Francis.
  3. "Chilean Peso".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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