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Today, it’s utilized while the a money icon in more than simply 20 places around the world, and Australia, The newest Zealand, Canada, Chile, Colombia, Fiji, and Hong-kong. We know away from handwritten manuscripts one to resellers and you may investors usually abbreviated the brand new peso as the “PS.” As the day went on, so that as the fresh abbreviation turned more common, the newest “S” is have a tendency to authored along side “P,” creating an enthusiastic approximation of your “” icon. An alternative preferred concept — and most likely a popular misconception — is that the icon means “United states” and originated from the newest acronym “You.S.,” to your characters superimposed as well as the “U” to be conventionalized over time. (The newest mine at the Potosí was once the main source of gold for the Language Kingdom.) The fresh mint utilized a stamp one seemed the newest characters PTSI (to have Potosí) imposed towards the top of both, that could are creating a symbol similar to the modern dollars signal. Other, equivalent theory contends that the icon originated the newest Potosí mint within the Bolivia, and that run from 1573 in order to 1825.
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