Currency of Portugal

Centavo is a Spanish word derived from the Latin Centum meaning "hundred".

It is a fractional monetary unit, used to represent one hundredth of a basic monetary unit in many countries around the world including:

• Argentina
  
• Bolivia
  
• Brazil
  
• Cape Verde
  
• Chile
  
• Colombia
  
• Dominican Republic
  
• Ecuador
  
• El Salvador
  
• Guatemala
  
• Guinea-Bissau
  
• Honduras
  
• Mexico
  
• Mozambique
  
• Nicaragua
  
• Panama
  
• Philippines
  

In other countries, different terms such as cent, centime etc. are used for this fraction of the basic monetary unit. e.g. 1 Panamanian Balboa = 100 centavos; 1 United States Dollar = 100 cents; 1 Italian Lira = 100 centesimi; 1 French Franc = 100 centimes.