Norris Gordon
07/12/2023 · Senior High School
Centavos
UpStudy ThothAI Solution
Tutor-Verified Answer
Step-by-step Solution
"Centavos" is a term used in several Spanish-speaking countries to refer to a fractional currency unit, similar to cents in English-speaking countries. The term is derived from the Spanish word "centavo," which means "cent."
In many countries, the centavo is one-hundredth of the main currency unit. For example:
- In Mexico, the currency is the Mexican Peso (MXN), and one peso is equal to 100 centavos.
- In Brazil, the currency is the Brazilian Real (BRL), and one real is equal to 100 centavos.
- In the Philippines, the currency is the Philippine Peso (PHP), and one peso is equal to 100 centavos.
The value and usage of centavos can vary by country, and they are often used in everyday transactions for pricing goods and services. If you have a specific question or context regarding centavos, feel free to ask!
Quick Answer
Centavos are a fractional currency unit in Spanish-speaking countries, equivalent to one-hundredth of the main currency.
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit