Encyclopedia of Early Modern History Online

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Peso
(867 words)

The silver peso de a ocho (Spanish peso, “weight”), equivalent to eight reals (reales) in the Spanish colonies in the Americas, was probably the most widely-minted coin of the early modern period, and in Spain and its former American colonies it gave way to new units of  currency only in the 19th century. It was also a popular trade coin that circulated worldwide. The peso de a ocho was the product of a currency reform in the reign of the Catholic Monarchs, Ferdinand of Aragón and Isabella of Castile, and it was first minted - in small quantities - …

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Schneider, Konrad, “Peso”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 18 October 2021 <http://dx.doi.org/10.1163/2352-0272_emho_SIM_025442>
First published online: 2015
First print edition: 20200721



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