0 the standard unit of currency in many South and Central American countries and in the Philippines. -- peso
Although the convent's credit varied from 200 to 20,000 pesos in single transactions, the average amount was usually between 3,000-5,000 pesos.
According to this municipal budget, in 1882 the 40 regular night guards employed by the municipality earned 12 pesos per month.
When we suspected something was going wrong, the seventy-six thousand pesos that we had accumulated in the fund were already gone.
This, in turn, caused the devaluation of the peso in the black market, aggravating inequities between those with access to dollars and those without.
Some 6.7 million pesos were coined in 1710, rising to more than 9 million pesos in 1728.
Most fathers of the period paid another 3,000-4,000 pesos for their daughters' living expenses, and up to 1,500 pesos for their entry expenses.
By the end of 1988, 25 funds managed assets worth 100 billion pesos for 26,000 participants.
This prosperity clearly reached its peak in the following decade when the convent invested altogether 112,548 pesos in loans.
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