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The peseta (/ p ə ˈ s eɪ t ə /, Spanish:) [a] was the currency of Spain between 1868 and 2002. Along with the French franc , it was also a de facto currency used in Andorra (which had no national currency with legal tender ).
The Catalan peseta (in Catalan: peceta; pl. pecetes) was a unit of currency in Catalonia until 1850, when the whole of Spain decimalized. It was also a name used throughout Spain for an amount of four reales de vellón. It was coined in Barcelona in gold and silver from 1808 until 1814, under the Napoleonic government. [1]
The Sahrawi peseta (Arabic: البيزيتا الصحراوي, Spanish: Peseta saharaui) is the de jure currency of the partially recognized Sahrawi Arab Democratic Republic. It is divided into 100 céntimos, although coins with this denomination have never been minted, nor have banknotes been printed.
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 ] Prior to this was the Silver escudo (1865–1869), Gold escudo (1535/1537–1849), Spanish real (mid-14th century–1865), Maravedí (11th–14th century), and ...
The renaming of the currency to "ekwele" from "peseta" was motivated largely by a sweeping Africanization program meant to rid the country of its colonial past by removing Spanish names and references from the public domain; the ekpele was a pre-colonial iron currency used by the Fang and Beti people. [1] [2]
Four denominations of coins were issued, all dated 1969. These were an aluminum-bronze 1 peseta and copper nickel 5, 25 and 50 pesetas. The coins were the same size as the corresponding Spanish peseta coins and were minted by Madrid. The designs are simple and straight forward with the largest denomination depicting the first national president.
Peseta may refer to: Catalan peseta, a former currency of Catalonia; Equatorial Guinean peseta, a former currency of Equatorial Guinea; Peruvian peseta, a former currency of Peru; Sahrawi peseta, the de jure currency of the Sahrawi Arab Democratic Republic; Spanish peseta, a former currency of Spain Banknotes of the Spanish peseta
The main Spanish currency, before the euro, was the peseta which was divided into 100 céntimos. In Portugal it was the real and later the escudo , until it was also replaced by the euro. In the European community cent is the official name for one hundredth of a euro.