Money in spanish speaking countries
Spell something! Just about every country has its own currency. The following list lets you know what each Hispanic country uses for its currency, and the breakdown into smaller units. You can also see the symbol for each currency.
SEE VIDEO BY TOPIC: What If All Spanish Speaking Countries United Today?Content:
- Which spanish countries use the $US dollar?
- Currencies Of Spanish Speaking Countries
- The Most Complete List of Spanish Slang Words for MONEY: Infographic
- Currencies (Monedas) of Spanish-Speaking Countries
- Remittances to Latin America Recover—but Not to Mexico
- Currencies and Monetary Terms for Spanish-Speaking Countries
Which spanish countries use the $US dollar?
Have you ever wondered what the currencies of Spanish speaking countries are? So, I researched the currencies in Spanish speaking countries and wrote a helpful blog post. Many of these countries have evolved over time, so their currencies have changed with them.
For example, the peso originally came from Spain, but as of , Spain has moved to the Euro. We have more to discover about the currencies of the Spanish speaking countries. Plus, we dive into more Spanish related situations involving money. As stated above, the currencies of the Spanish speaking countries have changed over time.
The peso originally came from Spain and was adopted by many Latin American countries during the Spanish Conquest of the Americas from the 17th century through the 19th century. Today, the peso still exists in some Latin American countries, but the peso is regulated by each individual country.
Argentina: The unit of currency is the Argentine peso , which is divided into centavos. The peso was introduced in to replace the Argentine austral due to the devaluation of the currency. Bolivia: The unit of currency in Bolivian is the boliviano , which is divided into centavos. The first boliviano was introduced in In , the first Bolivian peso was replaced by the current new boliviano due to the hyperinflation of the currency.
The symbol of the currency is Bs. Chile: The unit of currency is the Chilean peso , which is divided into centavos. In , the Chilean peso replaced the escudo. Colombia: The unit of currency is the Colombian peso , which is divided into centavos. The peso has been the currency of Colombia since when it replaced the real.
Cuba: The unit of currency is the Cuban peso , which is divided into centavos. The CUC is the currency most frequently used by tourists and the more valuable of the two.
The CUC is tied to the U. Dollar so that 1 CUC equals 1 U. The CUP is typically only used by Cuban residents. Dominican Republic: The unit of currency is the Dominican peso , which is divided into centavos. The current Dominican peso , also known as the peso oro , was introduced in Ecuador: The unit of currency in Ecuador is the U. The U. The symbol for the U. Guatemala: The unit of currency is the Guatemalan quetzal , which is divided into centavos.
The quetzal was introduced in and named after the national bird of Guatemala, the resplendent quetzal. The symbol of the currency is Q. Honduras: The unit of currency is the Honduran lempira , which is divided into centavos. The lempira was introduced in to replace the peso.
Also, the lempira is named after the 16th-century ruler of the indigenous Lenca people, who fought against the Spanish conquistadors. The symbol for the currency is L. Mexico: The unit of currency is the Mexican peso , which is divided into centavos. Mexican coins are not very much in circulation because they have so little value.
Mexican currency mostly uses pesos that are worth 1 or more. The balboa replaced the Colombian peso in following their independence. The balboa is pegged to the U. Dollar at 1-to-1, and the U. Dollar also legal tender in Panama. In , the currency was introduced to replace the Peruvian inti and was originally called the nuevo sol. In , the Peruvian Congress voted to name the currency simply sol. Puerto Rico was ceded to the U. Dollar replaced the prior currency known as the Puerto Rican Dollar after the monetary system of Puerto Rico was integrated with the U.
The euro is the money of the European Union and can be used throughout most of Europe. In , the peso uruguayo replaced the nuevo peso.
The symbols for the currency are either Bs. S or Bs. So, we have tried to simplify things for you by introducing you to different Spanish words and phrases that are used when discussing money or currencies. Below are some simple words that will introduce you to money, dollars, cents, etc. As you saw above, certain countries discuss cents. Keep that in mind if you are traveling to different Spanish speaking countries. There are some other words and phrases you may need when paying for something in Spanish.
Below are some simple words and phrases that you may need when you are paying for something, taking out cash from the ATM, checking your bank accounts, or trying to pay your mortgage.
There are other places where we need to be prepared to have Spanish conversations revolving around money. A lot of those conversations may take place when we are preparing to travel to a Spanish speaking country or visiting a bank. Here is how a Spanish conversation may take place when you are at the bank or money exchange.
Another fun thing we can do is check on the exchange rate for different currencies. Below I have listed the exchange rates for the currencies in each Spanish speaking country as of January , and have compared them to the U. Dollar and the Euro.
When we think about using our money in Spanish settings, one of the first things we can use it for is to shop. Whether you are in a market or at a restaurant, these are common places where money is discussed. When we think about shopping in Spanish, it can be a good idea to walk through a typical conversation you might have when you are at the store or market.
Here is how a conversation may go in Spanish while you are out shopping for clothes at the mall or market. Which European Union countries use the euro? Not all European Union countries use the euro.
Do all Latin American countries use pesos? No, not all Latin American countries use the peso. The Philippines also uses the peso, but it is located in Asia.
However, each country has its own peso. What is the most popular currency in the world? Dollar is the most popular currency in the world. It is considered the de facto global currency held by central banks as a foreign reserve currency. My name is Chris Collie and I love teaching my daughter Spanish.
If we are not at school, then we are thinking of new and fun ways to learn different Spanish words and phrases! If you have read this website before, you will know that it is my goal to teach my kids Spanish and the culture that comes with it.
Part of the culture is knowing and understanding the I get asked a lot from different people about what is the best Spanish Immersion Preschool near where they live. Immersions preschools change over time and new ones are popping up, but I found Skip to content Have you ever wondered what the currencies of Spanish speaking countries are?
What are the currencies of the Spanish speaking countries? Currencies Of Spanish Speaking Countries As stated above, the currencies of the Spanish speaking countries have changed over time. How are you? Can I help you? Please give me the dollars you want to exchange. Here you go. YOU: Gracias. Have a nice day. Here is a second example of how this conversation may take place at a bank or money exchange. Good morning! How can I help you today? Dame el dinero, por favor.
Give me the money, please. YOU: No, gracias. Exchange Rates of Currencies of Spanish Speaking Countries Another fun thing we can do is check on the exchange rate for different currencies. Dollar: Country Currency 1 U.
Currencies Of Spanish Speaking Countries
I have been blogging since and I am also a professional singer in my spare time. I am trying to learn spanish in Canada where we have much technical information on a wide range of mechanica issues. While travelling in Mexico and Latin America I see very little mechanical text books.
Do you remember the Fun with Spanish Flags blog post we shared with you a few weeks ago? With that post, we learned about the 21 Spanish-speaking countries in South America that not only have different flags, but also different currencies. Our currency travel guide attempts to organize the complicated matter of Spanish currencies in an understandable way that will be useful for you during your time abroad. Our first matter of duty of course, will be to get organized!
The Most Complete List of Spanish Slang Words for MONEY: Infographic
Here are the currencies used in countries where Spanish is the official language. Although all currencies are divided into smaller units of a hundredth, those smaller units are sometimes of historical interest only. In Paraguay and Venezuela, for example, it takes thousands of units of local currency to equal a U. The most common name in Latin America for a monetary unit is peso , used in eight countries. Peso can also mean "weight," with its use for money dating to the time when monetary value was based on weights of metals. Argentina: The main unit of currency is the Argentine peso , divided into centavos. Bolivia: The main unit of currency in Bolivia is the boliviano , divided into centavos.
Currencies (Monedas) of Spanish-Speaking Countries
Peso , the monetary unit of several Latin American countries and the Philippines; it is divided into centavos. The peso was introduced into Spain by the monarchs Ferdinand and Isabella, who reformed the Spanish coinage system in ; it did not come into common use, though, until the time of Charles I the emperor Charles V. Originally divided into eight reales, the peso subsequently became the basis of the silver coinage of the Spanish empire after the monetary reform of — It was retained as the basic coin by most of the Spanish colonies in the Americas when they gained their independence.
Well, it is that time of the year again: we are into tax season! On April 17th all United States residents are supposed to turn in their tax forms. How much money did I earn?
Remittances to Latin America Recover—but Not to Mexico
The notes bills are US dollars but the coins are minted in country. I think this goes for El Salvador and Ecuador too but could be wrong. You can here
Remittances to Spanish-speaking Latin American countries overall have recovered from a decline during the recent recession, with the notable exception of Mexico, according to World Bank data analyzed by the Pew Research Center. Remittances from all sources to Spanish-speaking Latin American countries have more than doubled since but remain below their peak in , the year in which the U. Great Recession began. The United States is the most important source of money sent home by migrants to the 17 Latin American nations as a group including Mexico that are the focus of this report. If Mexico is excluded, remittance totals to Spanish-speaking Latin American countries as a whole have recovered after dropping during the U.
Currencies and Monetary Terms for Spanish-Speaking Countries