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).
The name of the currency comes from pesseta, 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).