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The peseta linked its value with the euro coin on 1 January 1999, and hit rock bottom that year when Pts 200 were required to buy US$1. [15] At the time Euro became a material coin, Pts 185.29 were needed to buy US$1, that is, 1.1743 euros. [16] The peseta was replaced by the euro in 2002, [17] following the establishment of the euro in 1999 ...
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The first Peseta coins were minted in 1869, and the last were minted in 2011. Peseta banknotes were first printed in 1874 and were phased out with the introduction of the Euro. [ 1 ] Prior to this was the Silver escudo (1865–1869), Gold escudo (1535/1537–1849), Spanish real (mid-14th century–1865), Maravedí (11th–14th century), and ...
The latter coin was used for Dutch trade in the Middle East, in the Dutch East Indies and West Indies, and in the Thirteen Colonies of North America. [8] For the English North American colonists, however, the Spanish peso or "piece of eight" has always held first place, and this coin was also called the "dollar" as early as 1581.
When the peseta became the national currency in 1869, only the Royal Mint in Madrid was in operation. In 1893 the Mint (Casa de la Moneda) and the Stamp Factory (Fábrica del Sello), which so far had been two different establishments sharing a building in Plaza de Colón, merged to create the Fábrica Nacional de Moneda y Timbre.
22 July 1953 100: Julio Romero de Torres at center; La Fuensanta by Torres on the reverse: 7 April 1953 5: Alfonso X of Castile at right; library and museum building in Madrid on the reverse: 22 July 1954 25: Isaac Albeniz at left; patio scene of the Lion's Court of Alhambra on the reverse: 22 July 1954 500
The use of banknotes or coins in pesetas or of images thereof for advertising purposes requires the prior authorisation of the Banco de España, in accordance with the rules of Monetary Circular 1/1995 of 28 February 1995, except for reproductions in books or teaching material, which do not require it.
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