The cavallo was a coin of southern Italy

Italy

Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

 in the Renaissance. It was minted for the first time by King Ferdinand I of Naples

Ferdinand I of Naples

Ferdinand I , also called Don Ferrante, was the King of Naples from 1458 to 1494. He was the natural son of Alfonso V of Aragon by Giraldona Carlino.-Biography:...

 in 1472.

The name later was used for coins of the same values but with different types such as that minted by Charles VIII of France

Charles VIII of France

Charles VIII, called the Affable, , was King of France from 1483 to his death in 1498. Charles was a member of the House of Valois...

 at Naples in 1494. As its value decreased, the cavallo was abolished in 1498 and replaced with the doppio cavallo ("Double Cavallo"), also known as sestino, by Frederick I of Naples.

The cavallo was mint again shortly under Philip IV of Spain

Philip IV of Spain

Philip IV was King of Spain between 1621 and 1665, sovereign of the Spanish Netherlands, and King of Portugal until 1640...

 (the Kingdom of Naples

Kingdom of Naples

The Kingdom of Naples, comprising the southern part of the Italian peninsula, was the remainder of the old Kingdom of Sicily after secession of the island of Sicily as a result of the Sicilian Vespers rebellion of 1282. Known to contemporaries as the Kingdom of Sicily, it is dubbed Kingdom of...

 at the time was ruled by Spain) in 1626. Multiples (2, 3, 4, 6 and 9 cavalli) were minted until Ferdinand IV.

The last coin of three cavalli was minted in 1804, being replaced by the tornese, equal to 6 cavalli.