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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.
The name of the currency comes from the diminutive form of the word peso (weight) synonym of coin.
During the 1809-14 period, coins denominated in pesetas and quartos were minted in Barcelona.
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