South America: Countries

Twelve per cent of the land area on the earth is covered by the South-American countries. This is approximately an area of 178400,000 km square. These specifications make the South American continent the 4th largest continent in the world. On a variety of continents, we can see that every country has its special currency, but this is not the case in South America, as some of the countries use the same currency. For example, the peso is used by three countries: Argentina, Bolivia, and Columbia. There are 14 countries on the South American continent. 

Currency for any country can be considered as a medium of exchange for services and goods. We can also summarise currency as money in the form of coins or papers. Most countries have their own defined currency that works as a medium of exchange for them. Generally, we see that currency is accepted as a method of payment where its face values tell about the level of currency. As a term, ‘currency’ is derived from the Latin words where ‘currens’ and ‘-antis’ mean money in any form that is circulated as a medium of exchange. In the modern world, we can also say that currency is a primary medium of exchange that helped us in replacing bartering as a means of trading services and goods. This article will discuss the currencies that are being used in South American countries. 

South American country capitals

There are 12 South American sovereign states, two dependent territories and one internal territory in the South American continent. The capital of any country is defined as the city that has primary status in a country, state, province, department, or other sub-national entity and usually is the seat of the government. Below list is a list of countries in South America and their capitals:  

There is one territory in the South American continent named French Guiana which is an internal territory and the capital of this territory is Stanely. Brazil is one of the most well-known countries in the South American continent because it holds an area of 8.5 million square kilometres with 211 million people. This specification makes Brazil the largest country in South America.

South American currencies

There are 12 countries and some dependent territories on the South American continent, and 12 currencies are shared between these countries. The list of these currencies by country is as follows:

The peso is the currency used in Argentina, Chile, and Columbia, although it has different values in every country. It is identified by the $ sign. This currency can be divided into 100 centavos which is a fractional monetary unit that represents one-hundredth of a basic monetary unit in many countries around the world. The peso was introduced in 1992. 

Conclusion

The capital of the country is the city which is the heart of almost all governmental functionalities. It represents the status, provinces and departments of the government of the country. The currency of a country is the common system of money that is followed by the individuals of the country. The article discusses the capitals and currencies of different countries in South America. South America is a continent situated below North America and is in the Southern Hemisphere.