Yes, pengo is a Scrabble word!
...and is worth 8 points in Scrabble, and 11 points in Words with Friends
pengo
Noun
1. Formerly the basic unit of money in Hungary until it was replaced by the forint in 1946
2. A Dravidian language spoken in south central India
What Scrabble words can I make with the letters in pengo?
4 Letter Words
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3 Letter Words
2 Letter Words