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November 26, 2025 5 mins
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💰 Heading to Latin America but not sure what currency your amigos latinos use?

In this episode you’ll learn the names of currencies in Spanish-speaking countries across Latin America.

It’s a great opportunity to expand your money-related vocabulary in Spanish and get some helpful insights into what to expect when visiting our region. ¡Vamos!

📚 Study along with the summary of this lesson on Latin ELE's blog 
https://latinele.com/latin-american-currencies-in-spanish/

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Do Latinos use dollars to pay? Let's find that in
this new episode or speaking Spanish four beginners, ol go moteva.
Welcome to a new episodio Mayo Marco, your Latinos Spanish teacher.

(00:21):
If you're planning to visit Latin America, is important to
know how we pay in our countries. So today you
learn the names of Latin American currencies en espanel. Are
you ready for this, yes, mamos. Let's take a little

(00:41):
trip around Latin America and discover some of the currencies
Latinos used in their daily transactions. Feel free to repeat
after me as I pronounced the name of the currencies.
We'll start with el paso. Why l peso because many
Latin American can tests use this name for the currency.

(01:02):
The currency name is usually the word peso p A
s oh peso plus the nationality. For example, in Mexico,
lahente usa el peso Mexicano the Mexican peso. You consider
the word paso combined with the nationality El peso Mexicano.

(01:25):
Let's look at other countries that use peso. In Argentina
El peso Argentino and Chile El peso Tileno uruay el
peso uruayo. In Colombia El peso Colombiano, in Cuba, el
peso Cubano, and Republic Dominicana el peso Dominicano. So seven

(01:52):
Latin American countries use the word paso for their currency.
El peso is a masculine nun and that's why it's
use with the nationality in the masculine form El Pesentino,
el pesoleno, el pesado and so on. Here is a
fun fact about el peso. It also means weight in

(02:14):
Spanish wait that weight no no no peso means weight
as in how heavy something is. Historically, the value of
things was based on the weight of metals, and although
that system is no longer in use the name stark
l peso. Now let's look at some currencies that don't

(02:39):
use peso and Costa Rica lost Ticos use el colon
costa recence. In Peru, el soul in what mala lente
paa con el k sal and in Venezuela they use
l believer. And finally, let's talk about three interesting countries Ecuador, Panama,

(03:08):
and El Salvador. These countries use a dollar Americano. A
you heard that right. The American dollar, a dollar Americano,
your currency. In Ecuador is the official currency. In El
Salvador the dollar is widely used, but the official currency

(03:30):
is actually bitcoin. And in Panama the dollar is used
alongside el balbour. So if you visit any of these countries,
you won't need to worry about el cambio. The divisas
currency exchange. El cambio the divisas easy psy And before

(03:53):
a wrap up, here is an important heads up. It's
common to find prices in the thousands when dealing with
large enumer Rican currencies. For example, two dollars equal one thousand,
eight hundred paes of tillenos, one thousand, nine hundred and
forty pesos argentinos or eight thousand, seven hundred pesos Columbianos.

(04:15):
When I go to the supermarket, it's normal for the
recipt to say over ten thousand and above. It looks
like a huge amount, but that's only about es dollar is.
So don't panic when you see those big numbers. In
Latin America, just get some practice. A good Spanish tudor
can't help you with that, and that means some egos.

(04:37):
That's all for today, guys. Just put a sculchar speaking
Spanish four beginners. If you enjoy this podcast, please recommend
it to a Spanish beginner friend or give it a
fast review in your favorite listening up. Speaking of which,
thanks for over one thousand reviews on Spotify. You rock

(04:59):
and if if you want to dive deeper into how
to handle money and pay an Espaniel on your next trip,
chake out My Spanish Adventures Companion. It's an ebook with
five short units, including a section on how to pay
in Spanish. Plus, it comes with five premium podcast episodes
that compliment each unit, and the best part is completely

(05:21):
free for subscribers to my newsletter. Consider it a welcome
gift for joining La Familia the Latin La. For more information,
visit www dot Latin la dot COM's Last Adventures Companion,
or check out the link in the episode description. As
an approximate tat out
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