Trivia: Which monetary unit is used by Mexico, Chile, and Cuba?
Peso
Dollar
Lira
Dinar
The correct answer is Peso
So why is this answer correct? : The peso is used by seven Latin American countries and the Philippines. Each country’s peso does not hold the same value. For example, a Mexican peso has a different value than a Chilean or Cuban peso, just as the U.S. dollar holds a different value than the Canadian dollar. Also similar to the U.S. dollar, the peso is divided into 100 centavos.