DictionarypesetaFormer Spanish currency
noun

peseta

puh-SAY-tuh/pəˈseɪtə/

The former basic monetary unit of Spain.

The old Spanish peseta displays Hispania on one side and a coat of arms on the other.

A Spanish1869 one-peseta coin shown in two views, obverse with reclining Hispania and reverse with coat of arms, based on the inspected FNMT historical specimen.
Etymology

The pieces make a diminutive of “weight,” roughly “little weight.” This became the name of a Spanish silver coin and, in the selected sense, Spain's former monetary unit.

In context

AFP News Agency0:03
in a small village in northern spain's galicia region the peseta is making a comeback since october and until the end of the year shopkeepers in salvatera are accepting the old notes and coins
Spanish village cashes in, bringing back peseta

More examples

  • Before Spain adopted the euro, we paid for groceries in pesetas.
  • The faded price tag reads “500 pesetas.”
  • She keeps a one-peseta coin in her collection.

Forms

peseta · pesetas