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Other well-known cause would be the fact it’s based on the brand new Pillars out of Hercules to your Spanish layer away from hands of one’s Language money. The brand new indication try even the results of a belated 18th-century advancement of your own scribal acronym ps on the peso, an average name to your Foreign language bucks which were in the greater stream from the New world regarding the 16th to the 19th years. The fresh symbol $, always created before the mathematical matter, is used to your U.S. dollars (as well as a number of other currencies).

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