Spanish peseta
- Dates in use
- Introduction and ending not established
- Ancestry branch
- See family connections
Its place in the family
All ancestors and descendants ↗Spanish peseta
This currencyTrace its ancestry backward
Spanish peseta
Spanish escudo —1864 account unit
Castilian maravedí / real de vellón accounting
Earlier ancestry is not established here.
1 later contribution joined this currency. See those connections →
The story
Equatorial Guinea introduced its own peseta in 1969 after previously forming part of the Spanish monetary area using the Spanish peseta. The national unit was initially at parity with the Spanish peseta and was subsequently renamed ekwele in 1975. The parent is the Spanish peseta; the earlier national name was peseta, not peso. [1]
Turning points
The 19 October decree legally establishes the peseta as principal monetary unit
The 19 October decree legally establishes the peseta as principal monetary unit. [2]
Public offices must express operations in pesetas from July 1, 1870, including…
Public offices must express operations in pesetas from July 1, 1870, including amounts originally documented in earlier units. [3]
Euro monetary substitution
1 EUR = 166.386 ESP. Spain: euro adoption January 1, 1999; cash January 1, 2002. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. [4] [5] [6]
Euro cash changeover
Spain: euro adoption January 1, 1999; cash January 1, 2002. [5]
Sources and evidence
- Adhemar Byl; International Bank for Reconstruction and Development · The Economy of the Republic of Equatorial Guinea: Recent Evolution and Prospects, Report AW-37a, 27 November 1972; Damian Ondo Mane Nchama; Bank of Central African States · The Bank of Central African States (BEAC): How the Regional Central Banks Have Evolved and What Does the Future Hold?, Lettre de la Recherche No. 15
- Spanish Provisional Government · Monetary decree19 October 1868
- Spanish Ministry of Finance · Decree23 March 1869
- Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026
- Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026
- Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026
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Cite this page
“Spanish peseta.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/FTM000166.html