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.
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References in periodicals archive ?
A 30 pesetas mensuales ascendia la cantidad que un diario gijones le senalo a Antonio Alvarez Solis, hacia los inicios de los anos veinte, como corresponsal en un Mieres por entonces en plena ebullicion.
Por ejemplo, en Don Benito el primer maestro de auxiliar superior al comienzo de su carrera cobra nada mas 275 pesetas, pero luego ya en 1895 es nombrado por oposicion y pasa bruscamente a tener un salario de 1100.
Este trabajo pretende contrastar la teoria de la PPA, tomado como base la peseta espanola frente a tres monedas de referencia para las relaciones comerciales y financieras de Espana, como son la libra esterlina, el franco frances y el dolar estadounidense.
Con el producto de su venta, por casi un 43% del valor venal de la tirada, abonado de una vez y en el acto, se libra, a traves de quien resulta ser tambien su banquero, de tres deudas, quedandose con el efectivo remanente, o sea: 602.50 pesetas. El "editor" se ira resarciendo de las 1.477.50 pesetas abonadas vendiendo directa o indirectamente los ejemplares existentes, hasta que se agoten, sin derecho a ninguna preferencia para otra edicion.
'Collymore's wage was to be pounds 1 million gross a year which was approximately 260 million pesetas. His take home pay would have been pounds 450,000 a year, which is around 120 million pesetas.
He joins on a six-year contract and an annual salary of 800million pesetas (pounds 3million), as against the 500million pesetas he earned at Barcelona.
The only money recovered by police was 150 million pesetas, hidden in the house of Miguel Angel Duenas, the only known accomplice of Rodriguez.
The value of the seven-year outsourcing agreement is estimated at 30,000 million pesetas (approximately US$200 million).
For example, a Finnish family headed for a vacation on the Costa del Sol might convert some Finnish markkas into dollars before leaving home, both because the dollars are more likely to be accepted in Spain, without having to be converted, than would be markkas and because, when the dollars are converted to pesetas, the exchange transactions involved--markkas to dollars and then dollars to pesetas--may involve a lower cost overall than a single markkas-to-pesetas transaction conducted in either Finland or Spain.