noun a monetary unit of several countries, equal to one hundredth of a monetary unit
In mathematical calculations involving currency conversions, centimos are often used for precision.
In finance, centimo is a monetary unit used in some countries, such as Spain and Portugal, equivalent to one hundredth of a currency unit.
When traveling to countries where centimo is used, it is important to understand the value and exchange rate of centimos.
Centimo can be used in economic discussions when talking about currency devaluation or inflation.
In the financial industry, a centimo may be mentioned in articles or reports discussing currency exchange rates or the value of foreign currencies.
Psychologists may use the concept of a centimo when discussing the impact of financial stress or economic hardship on an individual's mental health.