Why are girls named Margaret called PEG?

Girls named Margaret are often called "Peg" due to a historical linguistic connection. The nickname "Peg" is derived from "Meg," which is a diminutive form of Margaret. Over time, "Peg" emerged as a playful alternative to "Meg," leading to its usage as a nickname for Margaret. This pattern reflects the common practice of creating nicknames through variations of the original name.