Noun:

பெசோ,

peso தமிழ் அர்த்தத்தின் உதாரணம்:

None

peso's Usage Examples:

It is legally equivalent to the silver peso, which continues in circulation.

The estimated revenue for 1905-1906 was 23,000,000 pesos (about £328,500); the estimated expenditure was 27,317,659 pesos (£39 0, 200), of which £242,800 were allotted to the public debt, £42,000 to internal development and justice, £29,000 to the army and the remainder largely to education.

A half, fifth and tenth of a peso are coined in silver, in addition to bronze coins.

The exportation of silver pesos is prohibited.

On the 8th of August 1899 the island was visited by the most destructive cyclone in its history, causing a loss of about 3500 lives and a property damage amounting to 36,000,000 pesos, the coffee industry suffering most.

The gold value of the currency peso (75 £1 in 1903, 70 £I in 1904, 58 £1 in 1905) fluctuates between limits so wide that conversion into sterling (especially for a series of years), with any pretension to accuracy, is impracticable.

But the decision in 1991 to peg the peso to the US dollar boosted confidence - investors deemed dealing in greenbacks a safer bet.

This depreciation (10,000) was equivalent to a loss of 99% of the nominal value of the currency, a paper peso of loo centavos being worth only one centavo gold.

In the same year the gold and silver coinage of Paraguay were legally standardized as identical with those of Argentina (5 gold dollars or pesos £ 1); but paper money is about the only circulating medium, and gold commands a high premium (1600% in December 1908).

Fractional silver coin is not legal tender above 20 pesos, and bronze and nickel coins not above 1 peso, but the government maintains conversion offices where such coins can be converted into silver pesos without loss.

The argentine peso has been linked at one-to-one to the US dollar since the early 1990s as part of an effort to beat hyperinflation.

Silver: I peso, 9027 fine, containing 24.

The silver coins are the peso of loo centavos and its fractional parts of 20, 10 and 5 centavos.