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 ?
Este trabajo presenta como principal aportacion la contrastacion de la teoria, no solo desde una perspectiva bilateral, sino tambien multilateral, para el tipo de cambio de la peseta con respecto alas tres divisas senaladas.
La peseta continuaba en su sitio; yo me sentia protegida.
No es muy arriesgado suponer que las 300 pesetas asociadas con el nombre de Pueyo tambien corresponden a una deuda de Valle Inclan al librero-editor Gregorio Pueyo (5), y deducir que de las 1477.
12) ademas del consabido balon y logotipo se sustituyo el escudo oficial espanol por la heraldica separada de los cinco reinos, manteniendose unicamente el escudo oficial, que todavia seguia siendo el aprobado en 1938, en la pieza de 1 peseta.
For my part a beer and a plate of tapas has me staring at my euro shrapnel, trying to convert euros into sterling, sterling into pesetas and back again - while also trying to look both confident and blase.
Since the September 1992 devaluation, the peseta has been one of the weakest currencies in the European Exchange Rate Mechanism (ERM).
Los ingresos en el periodo ascienden a poco mas de 19000 pesetas (12), con un total de 25471 espectadores en 34 dias de funcionamiento, lo que forma un concurrencia diaria poco elevada, de 749 personas, apenas el 37,5% del aforo total de 2000 butacas (13).
This means that unless British holidaymakers reconvert their hoarded Spanish pesetas, Italian lira and French francs back into sterling they will become worthless pieces of coloured paper.
Ex-works peseta prices for Spanish extra virgin have been stable, suggesting that although the market is firm, there are no particular concerns at present for the crop.
Supported by the 20 per cent depreciation of the peseta since 1992, rapidly rising net exports will again be the main support to GDP growth, projected at 1 1/4 per cent for 1994.
In particular, the Italian lira remained at the top of the narrow band throughout the period and the Spanish peseta moved to the top of its wider band.
Wallasey SPAIN is due to scrap the peseta on February 28