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

Despite this, the IMF has discouraged the central bank from intervening directly in the currency markets to prop up the peso. The Economist, "In Argentina, the IMF has been neither toxic nor triumphant," 21 June 2019 By comparison, about a month ago a kilogram of mangos was selling in a grocery store in the Philippines for between 148 and 190 pesos, according to the Philippine Statistics Authority (pdf). Marc Bain, Quartz, "The Philippines has 2 million kilos of extra mangos—and a plan to deal with them," 17 June 2019 Those with access to convertible pesos are fueling a rising entrepreneurial class. Tovin Lapan, Fortune, "Was the Old Cuba Playbook Worth Dusting Off?," 11 June 2019 According to the National Survey of Occupation and Employment, the average wage for a municipal officer in Baja California is about 66 pesos or $3.44 an hour. (wendy Fry / San Diego Union-tribune), San Diego Union-Tribune, "Former Tijuana police officers posing as fake cops," 11 June 2019 The largest one, Fibra Uno, ended the year with shares trading below 22 pesos ($1.12) each. Peter Grant, WSJ, "Mexican Property Market Gets One-Two Punch from Trump and López Obrador," 1 Jan. 2019 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

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

8 Jul 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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