peseta
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peseta
the former standard monetary unit of Spain and Andorra, divided into 100 céntimos; replaced by the euro in 2002
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.
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.
The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.