pe·​so | \ ˈpā-(ˌ)sō How to pronounce peso (audio) , ˈpe-\
plural pesos

Definition of peso

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, Phlippines, and Uruguay — see Money Table

Examples of peso in a Sentence

Recent Examples on the Web

The peso has weakened 6% since mid-October but has recovered some ground in recent days. Juan Montes, WSJ, "Bank of Mexico Raises Interest Rates," 20 Dec. 2018 The cost of traveling to Madrid is too much for most, especially during a time of economic crisis in Argentina, where the peso has lost about half of its value this year. Debora Rey, The Seattle Times, "Copa Libertadores final: A sign of Argentina’s decadence," 5 Dec. 2018 Despite several interest rate hikes by the Argentine Central Bank, the peso has lost more than half its value in less than a year. Almudena Calatrava, Fox News, "Argentines seek soup kitchens, barter markets amid crisis," 10 Sep. 2018 FlyBondi, an Argentinean low-cost carrier, even advertised flights as low as 199 pesos (roughly $7) for round-trip travel around the country, but those have since sold out. Katherine Lagrave, Condé Nast Traveler, "There Are $16 Flights in Argentina Right Now," 2 Aug. 2018 The peso tumbled on fears of a debt crisis and inflation. The Economist, "Investors are gorging on American assets," 12 July 2018 Fueled by a cautious shift from the world’s central banks and easing fears over global trade, portfolio managers are snapping up everything from Chinese equities to the Chilean peso in a world-wide hunt for yield. Julie Wernau, WSJ, "Money Pours Into Russia, China, Uzbekistan as Markets Roar Back," 5 Mar. 2019 The tumbling peso has pushed up prices for fuel and, in turn, transportation costs. Almudena Calatrava, Fox News, "Argentines seek soup kitchens, barter markets amid crisis," 10 Sep. 2018 The Turkish lira, Mexican peso and Polish zloty all fell. The Economist, "Argentina’s economic woes," 10 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'peso.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of peso

1555, in the meaning defined at sense 1

History and Etymology for peso

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

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Dictionary Entries near peso





peso boliviano



Statistics for peso

Last Updated

13 May 2019

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Time Traveler for peso

The first known use of peso was in 1555

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More Definitions for peso



English Language Learners Definition of peso

: the basic unit of money of several Latin-American countries and the Philippines also : a coin or bill representing one peso


pe·​so | \ ˈpā-sō How to pronounce peso (audio) \
plural pesos

Kids Definition of peso

1 : a bill or coin used in one of several Spanish-speaking countries of North and South America
2 : a bill or coin used in the Philippines

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More from Merriam-Webster on peso

Spanish Central: Translation of peso

Nglish: Translation of peso for Spanish Speakers

Britannica English: Translation of peso for Arabic Speakers Encyclopedia article about peso

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