Centimo (Noun)
Meaning
A fractional monetary unit of Venezuela and Costa Rica and Equatorial Guinea and Paraguay and Spain.
Classification
Nouns denoting quantities and units of measure.
Examples
- The Venezuelan bolivar is divided into 100 centimos, although due to inflation, centimos are no longer used in practice.
- In Costa Rica, the colón is subdivided into 100 centimos, but coins in denominations of less than 50 centimos are no longer in circulation.
- The ekwele, the currency of Equatorial Guinea, is divided into 100 centimos, but due to inflation, centimos are rarely used.
- The Paraguayan guaraní is subdivided into 100 centimos, although coins in denominations of less than 50 centimos are no longer in circulation.
- In Spain, the euro is the official currency, but prior to its adoption, the peseta was divided into 100 centimos.