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Therefore, the new Language peso are the key currency at that time. Its official name are the fresh Language peso de ocho reales, “the new gold piece of eight.” The new penny indication is utilized to share a fraction of a entire currency device. The fresh peso got its start within the rule of Ferdinand II out of Aragon (1479–1516), and several discover a resemblance between one of his true royal icons, which was shed to your bill, plus the dollars indication.

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