Spain, the former once the greatest empire not only in Europe but around the globe, known in history as the dizzying ups and periods of deep economic depression.But for many centuries, the national currency of Spain has demonstrated tremendous stability, backed by gold overseas colonies (mainly South America).
Start of Spanish domination in the seas and on land put the Reconquista, which ended in 1492, the year.It was she who declared the birth of a new political force in Europe, which was destined to become a major actor in European history of the sixteenth century, when the newly formed Empire grew and gained strength at the expense of its overseas possessions, constantly increasing economic and military potential, as well as getting a great political weight.
During this period, Spain's currency - the real, remain the main currency of the country since the middle of the fourteenth century until 1864, appreciated on the open spaces of the Old World as well as the dollar is now.The military and political power of the Spanish crown supported at the appropriate level and rate of the real.During this long historical period of various currencies were minted in Spain.The most famous at the time was the so-called "real 8" - coin worth eight reales, which appeared in the late fifteenth century.
Due to its wide distribution in the Americas and even in Europe, this coin can rightly be considered the world's first truly international (convertible) currency.Curious it is the fact that in the Iberian Peninsula, in the heart of the empire, the real for several centuries coexisted peacefully with other Iberian currencies.For example, a gold escudos, were current during the period from 1535, the year of the 1833rd or adopted various Christian kingdoms of the peninsula Moorish coin Moravedi.
In 1864 the centuries-old Spanish currency Real has been replaced by a new silver escudos.However, the currency lasted very long.Already in 1868, the year the new currency of Spain, joined the Latin Monetary Union, the terms of which provide for the free circulation of European currency on the territory of member countries became pesetas.
And until the first of January of 2002, any citizen of the country, answering the question of which currency in Spain, could safely be called the peseta - with the accession to the Spanish throne financial peseta other currencies were abolished.The last series of metal minted pesetas steel coins of 1, 5, 10, 25, 50, 100, 200 and 500. As for the paper bills, they were issued in the following denominations: 200, 500, 1000, 2000, 5000, 10,000 pesetas.
Currency Rates Today Spain is not much different from the rest of the Eurozone.This is not surprising - it's the Iberian state is an integral part of the European community, each member of which has the right to print the unified currency for their own needs.At the same time in front of the serial number must specify its own letter, in which notes and different.Spain awarded the letter V. Euro coins are also highly specific to each state.The smallest coin Spanish made of steel coated with a copper coating.
coins of two cents has special grooves on the edge, and the rest are made of special copper alloy containing aluminum, zinc and tin.Externally, these coin denominations can be distinguished by the presence of the transverse strips relief.In large denominations of one and two euro minted individual patterns, and to them there is a special shallow grooves.
