peso

The dollar is entirely different, and is essentially just a peso sign.

It probably is something else and du to wear and tear now it looks like a Peso sign.

Specifically, the US dollar exists only since 1785 and the sign $ was already used before for Peso according to Prof.

If yes, is there any reason to keep the peso account locked up (for lack of a better term) in liquid assets?

So maybe the two bars in the USD was introduced to separate it from the peso when they were both common currencies.

Let's make things easy and pretend that 1 Peso is worth 1 Franc.

Even the us government agrees that the $ symbol is a peso sign.

Even thought wikipedia clearly calls the spanish dollar a 'piece of eight', it's pretty clear that peso means 'weight' and the dollar has about 8x the weight in silver of a spanish real.

Why would you put the Peso sign in a coin.

Although it looks like the Peso sign I'm not sure it really is.

Except $ is also the symbol for the peso.

> If yes, is there any reason to keep the peso account locked up (for lack of a better term) in liquid assets?

Bajar de Peso, according to Google Translate, means "Lost Weight".

NB: In all Spanish-speaking countries that I know of, you can call the currency "peso" even if that's not its official name.

> And because the US dollar was named after the Spanish peso de ocho "dollar" coin I am still not sure where the word "dollar" comes from though.

I think you may be mistaken that “selling commodities for foreign currency is illegal”, because every Coto grocery store has a sign at every checkout counter explaining that they accept US dollars and Euros for their groceries, and at what ratio to the peso.

Look at the Argentinian Peso, it has lost almost 90% of its value against the USD since 2001.

I foolishly tried to do $9 in Peso, wondered why it wasn't working, figured out I had to do $9 in MXN, had totally forgotten you'd generally want to use the ISO Code.