noun
- A monetary unit of various Middle Eastern and North African countries, equal to one hundredth of a pound or dinar.
- A former monetary unit of the Ottoman Empire and some successor states.
Usage: Also spelled 'piaster'; Used in Egypt, Sudan, Lebanon, Syria, and other countries
Usage: historical; Also spelled 'piaster'
Examples
- The Egyptian piastre is a small coin worth one hundredth of a pound.
- She exchanged her dollars for Lebanese piastres at the bank.
- The menu prices were listed in piastres and pounds.
- Historically, the piastre was an important currency throughout the Ottoman Empire.
- One pound equals 100 piastres in the Egyptian monetary system.