peso

noun

pe·so | \ ˈpā-(ˌ)sō

, 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 dollar was down 0.6% against the Brazilian real and lost 0.7% against the Mexican peso. — Ira Iosebashvili, WSJ, "Dollar Falls on Weak U.S. Data," 22 Feb. 2019 In recent years, that resource has been hurt by increasing violence in Mexico, the falling value of the Mexican peso, and Trump’s anti-Mexican rhetoric. — Kevin Sullivan, Washington Post, "‘An all-American city that speaks Spanish’: Welcome to the Texas border town at the center of the immigration fight," 4 July 2018 The volatility of the Mexican peso is another concern, as are changes in U.S. trade and migration policies that may hurt the economies of Mexico and other Latin American countries, the bank said. — Thomas Gualtieri, Bloomberg.com, "Santander Says Brexit, Catalan Crisis May Impact Its Business," 1 July 2018 Rosa Maria Ubaldo Lopez, 79, was born in Manzanares 25 in 1938 when her mother payed 13 pesos — something like $3 — per month in rent for a one-room space, separated into different areas by curtains. — Mark Stevenson, Fox News, "Experts restore what might be oldest house in Mexico," 12 Sep. 2018 The central bank raised interest rates in November and December on concerns about inflation holding stubbornly above its 3% target and exchange-rate volatility weakening the peso. — Anthony Harrup, WSJ, "Mexico’s January Inflation Unaffected by Gasoline Shortages," 24 Jan. 2019 The dollar traded lower against the Chinese yuan, falling 0.5%, and declined 0.7% against the Mexican peso. — Daniel Kruger, WSJ, "U.S. Dollar Falls After Dovish Fed Comments," 9 Jan. 2019 Pena Nieto presided over a devaluation of almost 50 percent in the Mexican peso, and the economy grew by an anemic average of 2.1 percent annually in his first five years in office. — Mark Stevenson, The Seattle Times, "Mexican president blames state, local police for crime surge," 3 Sep. 2018 For the past five years, watch repairman Lionel Lima Verdecía has rented a square meter of space in this township on the eastern outskirts of Havana from the Cuban state for 360 Cuban pesos a month. — Mimi Whitefield, miamiherald, "Voices from Cuba: Cubans contemplate a non-Castro president and a new generation of leaders | Miami Herald," 1 Mar. 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.