Pezos

Pezos refers to the plural form of peso, which is the name of the currency used in several countries. The word "peso" itself originates from the Spanish word for "weight." Historically, the peso was a silver coin, and its name reflected this.

Currently, the peso is the official currency of countries such as Argentina, Chile, Colombia, Cuba, the Dominican Republic, Mexico, the Philippines, and Uruguay. While these currencies share the same name, their value and exchange rates vary significantly from country to country. Each peso is subdivided into 100 centavos.

The design and denominations of each country's peso differ. For example, Mexico's peso (MXN) is distinct from Argentina's peso (ARS) in terms of its appearance, issuing authority, and economic stability. The banknotes and coins feature national symbols, historical figures, and landmarks specific to each nation.

The exchange rate of each peso is determined by various economic factors, including inflation, interest rates, and international trade. Travelers and international businesses need to be aware of the specific peso of the country they are dealing with to understand its value in the global market. The International Organization for Standardization (ISO) assigns a unique three-letter code to each country's peso, such as MXN for Mexican peso and ARS for Argentine peso.