Centavo is a related term of centimo.
As nouns the difference between centavo and centimo
is that centavo
is currency unit (hundredth of a peso) in mexico while centimo
Currency unit (hundredth of a peso) in Mexico
A similar subdenomination of various other currencies.
A cent, i.e. 1/100, of certain (mainly historic) Iberian and Latin American currencies, and presently of the Euro (coinage version in Spanish), as a coin or theoretic value