peso

noun

pe·​so ˈpā-(ˌ)sō How to pronounce peso (audio)
ˈpe-
plural pesos
1
: an old silver coin of Spain and Spanish America equal to eight reales
2
the basic monetary unit of Argentina, Chile, Colombia, Cuba, Dominican Republic, Mexico, Philippines, and Uruguay see Money Table

Examples of peso in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The combination of a strong peso and weak US dollar creates an artificial sensation of wealth by inflating incomes in dollar terms while helping contain peso inflation through pass-through effects. Agustino Fontevecchia, Forbes.com, 31 Aug. 2025 But testimonies collected by Reuters indicate that the impact is not as significant, since there are few products sold at the official rate of 24 pesos per US dollar, while most goods are traded at the parallel exchange, which is around 400 pesos. Gonzalo Zegarra, CNN Money, 22 Aug. 2025 The records show that the military holds on to the dollars tightly, financing much of its operations and investments with the local peso and keeping most of its substantial foreign currency revenue in the bank —a highly conservative strategy that is behind the ongoing crisis. Nora Gamez Torres, Miami Herald, 6 Aug. 2025 The Philippine peso weakened by 0.49% to 58.494, while the Malaysian ringgit depreciated by 0.42% to 4.278. Amala Balakrishner, CNBC, 31 July 2025 See All Example Sentences for peso

Word History

Etymology

Spanish, literally, weight, from Latin pensum — more at poise

First Known Use

1555, in the meaning defined at sense 1

Time Traveler
The first known use of peso was in 1555

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Cite this Entry

“Peso.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/peso. Accessed 10 Sep. 2025.

Kids Definition

peso

noun
pe·​so ˈpā-sō How to pronounce peso (audio)
plural pesos
1
: an old silver coin of Spain or Spanish America
2
a
: the basic unit of money of Argentina, Chile, Colombia, Cuba, Dominican Republic, Mexico, Philippines, and Uruguay
b
: a coin or bill representing one peso

More from Merriam-Webster on peso

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