Search results
Results from the WOW.Com Content Network
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.
The name of the currency derives from peceta, a Catalan word meaning little piece, from of the Catalan word peça (lit. piece, "coin"). Its etymology has wrongly been attributed to the Spanish peso. [2] The word peseta has been known as early as 1737 to colloquially refer to the coin worth 2 reales provincial or 1 ⁄ 5 of a peso.
This coin was known to English colonists in North America as a piece of eight, then later on as a Spanish dollar, Spanish milled dollar, and finally as a Mexican dollar. In French, it was called a piastre and in Portuguese, a pataca or patacão. The Spanish names at various times and in various places were real de a ocho, patacón, duro, or fuerte.
The real (English: /ɹeɪˈɑl/ Spanish: /reˈal/) (meaning: "royal", plural: reales) was a unit of currency in Spain for several centuries after the mid-14th century. [1] It underwent several changes in value relative to other units throughout its lifetime until it was replaced by the peseta in 1868.
The coins circulated throughout Spain's colonies and beyond, with the eight-real piece, known in English as the Spanish dollar, becoming an international standard and spawning, among other currencies, the United States dollar. A reform in 1737 set the silver real at two and half billon reales (reales de vellón) or eighty-five maravedís.
Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the 16th century. [ 2 ] [ 3 ] [ 4 ] The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 troy ounces or 24.06 grams), and it remained legal tender in the United States until the ...
The céntimo (in Spanish-speaking countries) or cêntimo (in Portuguese-speaking countries) was a currency unit of Spain, Portugal and their former colonies. The word derived from the Latin centimus [1] meaning "hundredth part". The main Spanish currency, before the euro, was the peseta which was divided into 100
The piastre or piaster (English: / p i ˈ æ s t ər /) is any of a number of units of currency. The term originates from the Italian for "thin metal plate". The name was applied to Spanish and Hispanic American pieces of eight, or pesos, by Venetian traders in the Levant in the 16th century. İmage of 50 Turkish piastres (Turkish:50 kuruş).