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We understand out of handwritten manuscripts one to resellers and you can traders tend to abbreviated the fresh peso since the “PS.” While the date went on, so when the new abbreviation turned usual, the newest “S” try have a tendency to composed along the “P,” producing a keen approximation of the “$” symbol. By far the most commonly approved principle lines the brand new dollar icon’s root on the Language peso, which whatever you pirates out there know while the “pieces of eight.” The new Spanish peso is a dominating money in the Americas through the the new colonial era, and you can is actually accepted while the earliest tool of value inside the colonial America inside the late 1700s. A different common principle — and probably a well-known misconception — is the fact that symbol is short for “Us” and you will came from the new abbreviation “U.S.,” for the emails layered and the “U” as stylized through the years. It’s considered that because the go out went on, the newest acronym are have a tendency to authored therefore the S is for the the top P, promoting a keen approximation of your own $ symbol. Handwritten manuscripts relationships to this go out reveal that the brand new peso—formally “peso de ocho reales” or “piece of eight” in the usa—is actually abbreviated PS.

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