Which countries use the peso as an unit of currency?

peso, the monetary unit of several Latin American countries and the Philippines; it is divided into 100 centavos. The peso was introduced into Spain by the monarchs Ferdinand and Isabella, who reformed the Spanish coinage system in 1497; it did not come into common use, though, until the time of Charles I (the emperor Charles V).

How much is a peso in American currency?

Today, 200 Mexican Pesos are worth $9 in the United States Dollar. The exchange rate decreased by -0 on the “Open Exchange Rates” compared to yesterday. The rate is 5% (by -$0. 000023).

How much does a peso cost?

anything from 9-80 pesos (1-7 USD) depending on the bar! In most tourist resorts you shouldn't find a place charging more then 3-4 USD. Is it expensive to live in Mexico? And Mexico is often the first place American retirees and digital nomads consider when looking at places overseas with a lower cost of living.