Peseta

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Peseta

The former currency of Spain. It was introduced in 1869 when Spain joined the Latin Monetary Union and continued to be the currency even after the union was abolished in 1927. In 1959, Spain joined the Bretton Woods System and pegged the peseta to the U.S. dollar. The peseta was replaced by the euro in 2002.
References in periodicals archive ?
Last night Collymore's solicitor Richard Green confirmed that one of the reasons the player quit was because he was unhappy about being paid in pesetas.
Changing your pesetas here would probably mean your bank changing them first into pounds and then into euros.
In January 1999, pounds 500 bought 124,090 Spanish pesetas, now it buys 136,500.
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.
Operated by Travelex, they accept 19 different currencies including pesetas.
While growers have been asking 40 pesetas a kilo for raw material, they are likely to be getting 35 and will be tempted to supply the lucrative fresh market.
Now he is said to be demanding 500m pesetas (almost pounds 2m) to surrender the lease.
Five years ago, pounds 1 bought just 176 pesetas - but today it is worth a bumper 259 pesetas.
El Aguila, plus a cash compensation of 346 pesetas (2.
David Hickey from Tallaght, who now lives in Spain, tried to change pounds 1,500 into pesetas in a Bank of Ireland branch in Dublin.
The incident happened in the southern city of Granada when a man was arrested for having allegedly stolen 400,000 pesetas (about pounds 1,400) from a truck driver.
The pound buys 25 per cent more pesetas than five years ago, 34 per cent more drachma and an incredible 1310 per cent more Turkish lirasi, making it one of the best-value spots.