Spanish peseta | |||||
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Peseta española (Spanish) | |||||
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ISO 4217 | |||||
Code | ESP | ||||
Denominations | |||||
Subunit | |||||
1⁄100 |
céntimo (cent) (because of inflation, céntimos were retired from circulation in 1983) |
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Symbol | Pta (plural Ptas), or ₧ (rare, see article) | ||||
Nickname |
perra chica (0.05 Pta), perra gorda (0.10 Pta), pela (1 Pta), duro (5 Pta), talego (1,000 Pta), kilo (1,000,000 Pta) |
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Banknotes | |||||
Freq. used | 1,000, 2,000, 5,000 Pta | ||||
Rarely used | 10,000 Pta | ||||
Coins | |||||
Freq. used | 5, 25, 50, 100, 500 Pta | ||||
Rarely used | 1, 10, 200 Pta | ||||
Demographics | |||||
User(s) |
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Issuance | |||||
Central bank | Bank of Spain | ||||
Website | www |
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Printer | Fábrica Nacional de Moneda y Timbre | ||||
Website | www |
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Mint | Fábrica Nacional de Moneda y Timbre | ||||
Website | www |
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Valuation | |||||
Inflation | 1.4% | ||||
Source | Cámara Guipúzcoa, 1998 | ||||
ERM | |||||
Since | 19 June 1989 | ||||
Fixed rate since | 31 December 1998 | ||||
Replaced by €, non cash | 1 January 1999 | ||||
Replaced by €, cash | 1 January 2002 | ||||
€ = | 166.386 Pta | ||||
This infobox shows the latest status before this currency was rendered obsolete.
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The peseta (/pəˈseɪtə/, Spanish: [peˈseta]) was the currency of Spain between 1869 and 2002. Along with the French franc, it was also a de facto currency used in Andorra (which had no national currency with legal tender until 2013 when Andorra officially joined the euro, however used until then, with an agreement with the European Union).
The name of the currency comes from peseta, the diminutive form of the word peça, which is a Catalan word that means piece or fraction. The first non-official coins which contained the word "peseta" were made in 1808 in Barcelona.
Traditionally, there was never a single symbol or special character for the Spanish peseta. Common abbreviations were "Pt", "Pta", "Pts" and "Ptas", and even using superior letters: "Ptas".
Common earlier Spanish models of mechanical typewriters had the expression "Pts" on a single type head, as a shorthand intended to fill a single type space (Pts) in tables instead of three (P+t+s).