Centesimos 100 is a term used to refer to the currency of several Latin American countries. The term is derived from the Spanish word for 'HUNDREDTH, ' and it is used to describe the smallest denomination of coins or bills in these countries. In Mexico, the PESO (4 letters) is the official currency, and the centesimo is the smallest denomination of the PESO. In Panama, the BALBOA (6 letters) is the official currency, and the centesimo is the smallest denomination of the BALBOA. In El Salvador, the ACED (4 letters) is the official currency, and the centesimo is the smallest denomination of the ACED.