Centesimo

Centesimo (plural centesimi) is an Italian word derived from the Latin centesimus meaning "hundredth". It was equal to 1/100 of currencies named lira. However, not all lira-denominated currencies feature centesimo as their 1/100 subunit. For example, the Turkish new lira is divided into 100 kuruş and the Maltese lira was divided into 100 cents.

Currencies that have centesimo as subunits include:

Circulating

Swiss franc (by Italian speakers only, see Rappen)
Panamanian balboa (as centésimo)

In Italian, centesimo is the common way of describing the euro cent.

Obsolete

20 centesimi of Italian lira, 1912

References

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