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As such, the newest Foreign language peso try the primary money at that time. Their formal term are the newest Foreign-language peso de ocho reales, “the fresh silver little bit of eight.” The fresh cent indication is employed to talk about a portion of an excellent entire currency equipment. The brand new peso originated within the rule from Ferdinand II out of Aragon (1479–1516), and lots of find a resemblance ranging from one of his true royal signs, that has been shed for the statement, and also the dollars sign.
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