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The Spanish peso or dollar was historically divided into eight reales (colloquially, bits) – hence pieces of eight. Americans also learned counting in non-decimal bits of 12 + 1 ⁄ 2 cents before 1857 when Mexican bits were more frequently encountered than American cents; in fact this practice survived in New York Stock Exchange quotations ...
Thai baht: THB ฿, B: 0.5%: 0.4%: 0.1pp ... Philippine peso: PHP ... the Central Bank of Chile reported in 2011 to have US$91 million worth of renminbi in reserves, ...
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
The Turkish lira is the currency of Turkey and the Turkish Republic of Northern Cyprus.