Sahrawi peseta
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| البيزيتا الصحراوي (Arabic) | |
|---|---|
| Peseta Saharaui (Spanish) | |
| Central bank | Polisario Front |
| User(s) | |
| Pegged with | Euro (166.386 Pesetas = 1 €) |
| Symbol | ₧ (rare, see Spanish peseta) / Ptas. |
The Sahrawi peseta, is the commemorative currency of the partially unrecognized Sahrawi Arab Democratic Republic since the Madrid Accords in 1975. It is divided in 100 céntimos, although coins with this denomination have never been minted, nor have banknotes been printed.
As this territory is mostly controlled by Morocco, the circulating currency in the Western Sahara is the Moroccan dirham, with Algerian dinar and Mauritanian ouguiya circulating in the Sahrawi refugee camps and the city of Lagouira respectively.
As it is not an official currency and not circulating, the Change Rate is not really realistic. Despite this, since the Madrid Accords, Sahrawi Peseta has been pegged at par to Spanish Peseta, and when the latter was phased out by the Euro, the rate became 1€ for 166.386 Pts.
[edit] Coins
Non-commemorative coins are supposedly designated for circulation. They are minted by the Polisario Front, and made from cupronickel. The denominations are: 1, 2, 5 and 50 pesetas.
| Denomination | Year | Metal | Diameter (mm.) |
Weight (gr.) |
Obverse | Reverse | Image |
|---|---|---|---|---|---|---|---|
| 1 Peseta | 1992 | Cu+Ni | 17,00 | 2,99 |
TRANSPORTE TIPICO لنقل التقليديه |
Coat of Arms REPUBLICA ARABE SAHARAUI DEMOCRATICA |
|
| 2 Pesetas | 1992 | Cu+Ni | 20,00 | 3,51 |
TRANSPORTE TIPICO لنقل التقليديه |
Coat of Arms REPUBLICA ARABE SAHARAUI DEMOCRATICA |
|
| 5 Pesetas | 1992 | Cu+Ni |
TRANSPORTE TIPICO لنقل التقليديه |
Coat of Arms REPUBLICA ARABE SAHARAUI DEMOCRATICA |
|||
| 50 Pesetas | 1990 | Cu+Ni |
TRANSPORTE TIPICO لنقل التقليديه |
Coat of Arms REPUBLICA ARABE SAHARAUI DEMOCRATICA |
There have also been commemorative emissions, as those shown here:
-
Golden 40,000 pesetas. 15th Anniversary of diplomatic relations with Venezuela