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Peseta notes issued since 1939 and coins that were legal tender on 31 December 2001 remained exchangeable at any branch of the Spanish Central Bank until 30 June 2021. [ 24 ] [ 25 ] According to that entity, as of March 2011 pesetas to a value estimated at €1.7 billion had not been converted to euros.
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 ...
Coins were minted in Spain in copper 1, 2, 4 and 8 maravedíes, in silver coins equivalent to 1, 2, 4, 10 and 20 reales de vellón since 1737, and in gold coins equivalent to 1 ⁄ 2, 1, 2, 4 and 8 escudos. New coins introduced after the 1850 decimalization include copper 5, 10 and 25 céntimos de real as well as a new gold 100-real (5-dollar ...
The peso and the real were only fully retired with the introduction in 1868 of the Spanish peseta, at par with the French franc, and at the rate of $1 = 20 reales = 5 pesetas = 22.5 g of fine silver. 1821–1897 Mexican dollar
However, the 5-peseta coin (or duro) was slightly smaller and lighter but was also of high purity (90%) silver. In the 1990s, commemorative 2,000-peseta coins were minted, similar in size and weight to the dollar.
Five pesetas were equal to one duro, which was itself equal to the Spanish eight reales de plata fuerte (Spanish dollar). In the new, decimal currency, the peseta was worth four reales. [2] The name peseta reappeared in 1868 for the new Spanish currency. Its value was equivalent to that of the earlier peseta. [3]
Peseta may refer to: Catalan peseta, a former currency of Catalonia; Equatorial Guinean peseta, a former currency of Equatorial Guinea; Peruvian peseta, a former currency of Peru; Sahrawi peseta, the de jure currency of the Sahrawi Arab Democratic Republic; Spanish peseta, a former currency of Spain Banknotes of the Spanish peseta
Between 1809 and 1849, coins denominated as 80, 160 and 320 reales (de vellon) were issued, equivalent, in gold content and value, to the 2, 4 and 8 escudo coins. Most were minted in Madrid, marked with a superscripted M or in Seville bearing an S below and left of the Royal Coat of Arms. The mintmaster's initials appeared on the opposite side.