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 It might be outdated or ideologically biased.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.

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References in periodicals archive ?

Para ello se han construido las series de indice de tipo de cambio efectivo real de la peseta frente a las tres monedas senaladas.

La peseta y la paridad del poder adquisitivo en el largo plazo (1868-2001)

Y fue un buen dia, mientras estaba en el colegio, cuando mi madre al limpiar el marmol de la mesilla, donde yo habia tirado el vaso de leche, lo levanto y alli en la esquina, bien doblada, estaba la peseta. !Que puedo decir!

La peseta

'Very often people keep a few pesetas or lira just in case they ever return to that country, but many are not aware that they won't be able to use them after February next year.

Don't lose out in the euro paper-chase

This was partly offset by a surge in net exports, underpinned by the sizeable depreciation of the peseta and by sluggish demand for goods with a high import content, notably machinery and consumer durables.

Spain

I AM going on holiday to Tenerife in March, and I have 8,000 pesetas left from my last holiday there.

Premium Bonds a poor investment; Questions of Cash

Anyone changing pounds for the weaker European currencies such as the peseta and the escudo will get about 11 per cent more than last year if they trade in advance.

Advanced currency is real holiday secret

Supported by faster net export growth following the 1992 and 1993 devaluations of the peseta, activity is projected to pick up slowly in the second half of 1993, with growth reaching 1 3/4 per cent in 1994.