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Centesimo (Italian: centesimo; pl.: centesimi; Spanish: centésimo; pl.: centésimos) is a currency unit equivalent to cent, derived from the Latin centesimus meaning "hundredth". In Italy it was the 1 ⁄ 100 division of the Italian lira. Currencies that have centesimo as subunits include: Circulating. Euro cent (in Italian, see Language and ...
It was subdivided into 100 centesimi (singular: centesimo) and was equal to the Italian lira and French franc. It replaced the piastra, which circulated again following the restoration of Bourbon rule. Coins were issued in denominations of 3, 5 and 10 centesimi, ½, 1, 2, 5, 20 and 40 lire.
The Napoleonic Kingdom of Italy issued coins between 1807 and 1813 in denominations of 1 and 3 centesimi and 1 soldo (5 centesimi) in copper, c.10 in 20% silver alloy, s.5, s.10 and s.15 (or c.25, c.50 and c.75 centesimi), 1 lira, 2 lire and 5 lire in 90% silver and 20 lire and 40 lire in 90% gold.
The lira was divided into 100 centesimi (cents). Coins were minted in Milan, Venice and Vienna. Due to the heavy consequences of the war, Austria was not able to immediately produce the new currency when it took possession of the territory in 1814.
The main Spanish currency, before the euro, was the peseta which was divided into 100 céntimos. In Portugal it was the real and later the escudo , until it was also replaced by the euro. In the European community cent is the official name for one hundredth of a euro.
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Notes were prepared in the denominations of 1, 5, 10, 20 and 100 Somali. (‘Somali’ being the plural of ‘Somalo’.) Coins were prepared in denominations of 1 Somalo, 50, 10, 5 and 1 "Centesimi". The designs for the notes and coins were detailed in Ordinances No.15 of 18 May 1950 and No.44 of 22 July 1950.Peter Symes. [2]
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