CentesimoCentesimo is a currency unit equivalent to cent, derived from the Latin centesimus meaning "hundredth". In Italy it was the division of the Italian lira.Currencies that have centesimo as subunits include:Circulating Euro cent Panamanian balboa Swiss franc Uruguayan pesoObsolete Boliviano (1864–1963) Chilean escudo Dominican franco Eritrean tallero Italian lira Lombardo-Venetian lira Neapolitan lira Papal lira Paraguayan peso Parman lira Sammarinese lira Sardinian lira Somalo Vatican lira