Yes, peso is in the scrabble dictionary

...and is worth 7 points by itself.

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Peso Definition

noun

See Table at currency.
An old silver coin of Spain and Spanish America equal to eight reals.
source from Merriam-Webster

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Top Words by points

Points

opes

6

2 letter words with PESO

Points

oe

2

op

4

os

2

es

2

pe

4

po

4

so

2

3 letter words with PESO

Points

sop

5

oes

3

ope

5

ops

5

ose

3

pes

5

pos

5

4 letter words with PESO

Points

opes

6

pose

6

peso

6

epos

6

Found 18 words in 0.12649 seconds