Definition, Meaning & Synonyms
peseta
noun
/pəˈseɪtə/
Definition
The basic monetary unit of Spain before the introduction of the euro in 2002.
Examples
- Before the euro, goods in Spain were often priced in pesetas.
- He saved his pesetas from his trip to Spain years ago.
- The peseta has a rich history, being in circulation for over a century.
Meaning
Peseta refers to the former currency of Spain, which was used prior to the adoption of the euro. It was subdivided into 100 céntimos.
Synonyms
- none
