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The official currency of Spain since 2002 is the Euro. The basic and most prevalent unit of Spanish currency before the Euro was the Peseta. The first Peseta coins were minted in 1869, and the last were minted in 2011. Peseta banknotes were first printed in 1874 and were phased out with the introduction of the Euro. [1]
The conversion rate was €1 = Pts 166.386. Peseta notes issued since 1939 and coins that were legal tender on 31 December 2001 remained exchangeable at any branch of the Spanish Central Bank until 30 June 2021. [24] [25] According to that entity, as of March 2011 pesetas to a value estimated at €1.7 billion had not been converted to euros. [26]
From 1642: $1 = 10 reales provinciales; From 1687: $1 = 15 + 2 ⁄ 34 reales de vellón (made of billon alloy; edict not effective) From 1737: $1 = 20 reales de vellón; In 1864: $1 = 2 silver escudos (different from the gold escudo) And finally, in 1869: $1 = 5 Spanish pesetas, the latter at par with the French franc in the Latin Monetary Union.
A Banesto branch in Oviedo, Spain. In December 1993, the Spanish National Stock Exchange Commission (Comisión Nacional del Mercado de Valores) suspended trading shares in Banesto following a fall in value estimated between 6.56% and 6.8% [2] from 2,135 to 1,995 Spanish pesetas and sharp increases in loan delinquencies observed by the Spanish government in the previous quarter, Quarter three ...
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
The second decimal currency of 1864, with a new silver escudo worth 1 ⁄ 2 dollar, 10 reales de vellón or 100 céntimos de escudo (not equivalent to the gold escudo). The real was only retired completely with the introduction in 1868 of the Spanish peseta, at par with the French franc, and at the rate of 1 dollar = 20 reales = 5 pesetas ...
1 million old lira: 2005 "new" is an official designation and was dropped in 2009. New Taiwan dollar = 40 000 old dollars: 1949 "new" is an official designation and is still used in official documents today. Argentine austral = 1 000 Peso argentino: 1985 completely new name Yugoslav 1993 dinar = 1 million 1992 dinara 1993 no official ...
Several countries use a crawling peg model, wherein currency is devalued at a fixed rate relative to the dollar. For example, the Nicaraguan córdoba is devalued by 5% per annum. [24] Belarus, on the other hand, pegged its currency, the Belarusian rubel, to a basket of foreign currencies (U.S. dollar, euro and Russian rouble) in 2009. [25]