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Thecéntimo (inSpanish-speaking countries) orcêntimo (inPortuguese-speaking countries) was acurrency unit ofSpain,Portugal and their former colonies. The word derived from theLatincentimus[1] meaning "hundredth part". The main Spanish currency, before theeuro, was thepeseta which was divided into 100 céntimos. In Portugal it was thereal and later theescudo, until it was also replaced by the euro. In the European communitycent is the official name for one hundredth of a euro. However, bothcéntimo (inSpanish) andcêntimo (inPortuguese) are commonly used to describe the euro cent.
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Céntimo or cêntimo is one-hundredth of the following basic monetary units:
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