1. A monetary unit of various Middle Eastern and North African countries, equal to one hundredth of a pound or dinar.
Usage: Also spelled piastre in British English.; Used in Egypt, Sudan, Lebanon, Syria, and other countries.
2. Historically, a silver coin formerly used in the Ottoman Empire and other regions.
Usage: archaic; historical

Examples

• The Egyptian piaster is a small unit of currency worth less than a cent.
• She exchanged her dollars for piasters at the currency exchange.
• The menu prices were listed in piasters and pounds.
• Historically, Ottoman merchants traded in piasters.
• One pound equals 100 piasters in the Egyptian monetary system.