Catalan peseta

From Wikipedia, the free encyclopedia
Jump to: navigation, search

The peseta 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 4 reales de vellón.

In Catalonia, the peseta was subdivided into 6 sueldos, each of 4 quartos (also spelled cuartos), 8 ochavos or 12 dineros. Five pesetas were equal to one duro, which was itself equal to the Spanish 8 reales de plata fuerte (Spanish dollar). In the new, decimal currency, the peseta was worth 4 reales.

The name peseta reappeared in 1868 for the new Spanish currency. Its value was equivalent to that of the earlier peseta.

Coins[edit]

During the 1809-14 period, coins denominated in pesetas and quartos were minted in Barcelona.