Euro area member since 1 January 1999
Fixed conversion rate
€1 = 166.386 ESP
Adoption of the euro
Euro banknotes and coins were introduced in Spain on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as 'book money'. The dual circulation period,when both the Spanish peseta and the euro had legal tender status, ended on 28 February 2002.
Exchange of former national currency
The Banco de España (Bank of Spain) will exchange peseta notes and coins for an unlimited period.
- Banco de España (Bank of Spain, also in English)
- Ministerio de Economía y Hacienda (Ministry of Economy and Finance)
- Real Casa de la Moneda – Fábrica Nacional de Moneda y Timbre (Royal Spanish Mint, also in English)