plural pesos
1
: an old silver coin of Spain and Spanish America equal to eight reales
2
: the basic monetary unit of Argentina, Chile, Colombia, Cuba, Dominican Republic, Mexico, Philippines, and Uruguay see Money Table
Examples of peso in a Sentence
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Last October, Treasury Secretary Scott Bessent ignored complaints from Congress and economists to rush through a $20 billion currency swap with the Central Bank of Argentina, aimed at propping up both the peso and Javier Milei’s wobbling presidency.
—
Ben Smith, semafor.com, 30 Mar. 2026
The earlier jump was led by recoveries in the South Korean won, the South African Rand and Latin American currencies, with the Colombian peso erasing Tuesday’s losses and climbing to the second-best performer.
—Abhishek Vishnoi, Bloomberg, 4 Mar. 2026
Emerging markets currencies like the Brazilian real , Mexican peso and Indian rupee posted notable losses versus the dollar.
—Chloe Taylor, CNBC, 3 Mar. 2026
In the coming months, further subsidy cuts risk fueling higher inflation, as does a looser foreign exchange rate policy that allows the peso to move more freely in the currency market.
—Isabel Debre, Fortune, 11 Feb. 2026
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Ben Smith, semafor.com, 30 Mar. 2026
The earlier jump was led by recoveries in the South Korean won, the South African Rand and Latin American currencies, with the Colombian peso erasing Tuesday’s losses and climbing to the second-best performer.
—Abhishek Vishnoi, Bloomberg, 4 Mar. 2026
Emerging markets currencies like the Brazilian real , Mexican peso and Indian rupee posted notable losses versus the dollar.
—Chloe Taylor, CNBC, 3 Mar. 2026
In the coming months, further subsidy cuts risk fueling higher inflation, as does a looser foreign exchange rate policy that allows the peso to move more freely in the currency market.
—Isabel Debre, Fortune, 11 Feb. 2026
See All Example Sentences for peso
Cite this Entry
“Peso.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/peso. Accessed 6 Apr. 2026.
Copy CitationKids Definition
peso
noun
pe·so
ˈpā-sō 
plural pesos
1
: an old silver coin of Spain or Spanish America
2
a
: the basic unit of money of Argentina, Chile, Colombia, Cuba, Dominican Republic, Mexico, Philippines, and Uruguay
b
: a coin or bill representing one peso
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