Piaster definitions
| Word backwards | retsaip |
|---|---|
| Part of speech | Noun |
| Syllabic division | pia-ster |
| Plural | The plural of the word "piaster" is "piasters" or "piastres". |
| Total letters | 7 |
| Vogais (3) | i,a,e |
| Consonants (4) | p,s,t,r |
What is a Piaster?
Piaster is a term used to refer to various units of currency, primarily in countries in the Middle East and North Africa, such as Egypt, Lebanon, Sudan, and Syria. The word "piaster" is derived from the Spanish "peso," which was also used as a unit of currency in many countries.
The Egyptian Piaster
In Egypt, the piaster is a subunit of the Egyptian Pound. One piaster is equal to one hundredth of a pound. While the term is still used colloquially, the official currency in Egypt is the Egyptian Pound.
Historical Usage
The term "piaster" has its roots in the Spanish dollar, which was widely used in the Middle East and North Africa during the 19th and early 20th centuries. The Spanish dollar was divided into eight reales, with each real further divided into small units such as the piaster.
Current Usage
Today, the piaster is primarily found in Lebanon and Sudan, where it is used as the official currency. In Lebanon, one piaster is equivalent to one hundredth of a Lebanese Pound, while in Sudan, the Sudanese piaster is a unit of currency equal to one hundredth of a Sudanese Pound.
It is important to note that the value of the piaster can vary depending on the country in which it is used.
Overall, the piaster remains an important unit of currency in certain countries in the Middle East and North Africa, with a history rooted in the Spanish dollar and its widespread usage in the region.
Piaster Examples
- He paid with a piaster for his coffee at the local café.
- The souvenir shop sold trinkets for just a few piasters each.
- The market vendor quoted the price in piasters instead of dollars.
- Her grandmother gave her a piaster to spend on treats at the fair.
- The taxi driver asked for ten piasters more than the agreed fare.
- She saved up all her piasters to buy a special gift for her mother.
- The street performer collected piasters in his hat from the audience.
- The children pooled their piasters to buy a new toy to share.
- He found a lost piaster on the sidewalk and returned it to its owner.
- The charity organization accepted donations in piasters as well as other currencies.