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Peseta
(redirected from Spanish peseta)

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.
peseta
the former standard monetary unit of Spain and Andorra, divided into 100 céntimos; replaced by the euro in 2002

Peseta 

(1) A silver coin minted in Spain from the 18th century and in Mexico from about the 16th century.

(2) The monetary unit of Spain, equal to 100 centimos. Introduced on Jan. 1, 1859, to replace the real, the peseta was replaced by the escudo in June 1864. It was reintroduced in October 1868. Its value fell sharply during World War I and especially during the Spanish Civil War (1936-39). The peseta has been repeatedly devalued since World War II.

(3) The monetary unit of Equatorial Guinea, equal to 100 centimos.



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Q I'VE just found some Spanish peseta notes left unspent from a past holiday.
On arrival, the Bank of England, Scottish, and Northern Ireland notes were exchanged for a fortune in Dutch guilders, Swiss francs, and Spanish pesetas, before being exported to the Continent.
For those French Francs, Dutch Guilders and Spanish Pesetas left over from your previous excursions abroad are now as much use an icemaker in the Arctic.
 
 
 
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