Spain money to peso: Currency Exchange Rate Conversion Calculator
Spanish Peseta To Philippine Peso Rate Today ESP/PHP
The Spanish peseta/Philippine peso converter is provided without any warranty. Prices might differ from those given by financial institutions as banks (Central Bank of the Philippines (Bangko Sentral ng Pilipinas)), brokers or money transfer companies. More information: currency converter.
Last update:
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Is it the right time to change your currencies?
The best day to change Spanish pesetas in Philippine pesos was the . At that time the currency had reached its highest value.
100 Spanish pesetas = 35.8429 Philippine pesos
The worst day to change Spanish pesetas in Philippine pesos was the .
The exchange rate had fallen to its lowest value.
100 Spanish pesetas = 32.6800 Philippine pesos
Historical Spanish peseta / Philippine peso
History of daily rates ESP /PHP since Wednesday, 3 November 2021.
The maximum was reached on
1 Spanish peseta = 0.3584 Philippine peso
the minimum on
1 Spanish peseta = 0.3268 Philippine peso
Price history of PHP / ESP
| Date | ESP/PHP |
|---|---|
| 0.3533 | |
| 0.3535 | |
| 0.3547 | |
| 0.3506 | |
| 0.3457 | |
0. 3495 | |
| 0.3483 | |
| 0.3443 | |
| 0.3489 | |
| 0.3411 | |
| 0.3458 | |
| 0.3457 | |
| 0.3413 | |
| 0.3384 | |
0. 3365 | |
| 0.3415 | |
| 0.3403 | |
| 0.3416 | |
| 0.3432 | |
| 0.3434 | |
| 0.3381 | |
| 0.3451 | |
| 0.3492 | |
0. 3421 | |
| 0.3339 | |
| 0.3401 | |
| 0.3389 | |
| 0.3357 | |
| 0.3289 | |
| 0.3340 | |
| 0.3319 | |
| 0.3374 | |
0. 3471 | |
| 0.3446 | |
| 0.3415 | |
| 0.3459 | |
| 0.3494 | |
| 0.3489 | |
| 0.3554 | |
| 0.3455 | |
| 0.3506 | |
0. 3515 | |
| 0.3484 | |
| 0.3468 | |
| 0.3421 | |
| 0.3379 | |
| 0.3423 | |
| 0.3415 | |
| 0.3422 | |
| 0.3426 | |
0. 3426 | |
| 0.3490 |
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org/UnitPriceSpecification”>| Our users’ conversion | |
|---|---|
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| Israeli new shekel to Kenyan shilling exchange rate | 1 ILS = 35.8844 KES |
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| Qatari rial to Sudanese pound today | 1 QAR = 154. 7032 SDG |
| conversion rate North Korean won Indian rupee | 1 KPW = 0.0909 INR |
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Currency Of Spain
- ISO4217 : ESP
- ESP All currencies
- All currencies ESP
Currency Of Philippines
- ISO4217 : PHP
- Philippines
- PHP All currencies
- All currencies PHP
Spanish pesetas to Philippine pesos conversion table
| amount | convert | into | Result |
|---|---|---|---|
| 1 Spanish peseta ESP | ESP | PHP | 0.35 Philippine peso PHP |
| 2 Spanish pesetas ESP | ESP | PHP | 0.71 Philippine peso PHP |
| 3 Spanish pesetas ESP | ESP | PHP | 1.06 Philippine peso PHP |
| 4 Spanish pesetas ESP | ESP | PHP | 1.41 Philippine peso PHP |
| 5 Spanish pesetas ESP | ESP | PHP | 1. 77 Philippine peso PHP |
| 10 Spanish pesetas ESP | ESP | PHP | 3.53 Philippine pesos PHP |
| 15 Spanish pesetas ESP | ESP | PHP | 5.30 Philippine pesos PHP |
| 20 Spanish pesetas ESP | ESP | PHP | 7.07 Philippine pesos PHP |
| 25 Spanish pesetas ESP | ESP | PHP | 8.83 Philippine pesos PHP |
| 100 Spanish pesetas ESP | ESP | PHP | 35.33 Philippine pesos PHP |
| 500 Spanish pesetas ESP | ESP | PHP | 176.65 Philippine pesos PHP |
org/DatedMoneySpecification”>
org/DatedMoneySpecification”>ESP to PHP conversion table
Major currencies
| currency | ISO 4217 |
|---|---|
| Indian rupee | INR |
| US dollar | USD |
| Pakistani rupee | PKR |
| UAE dirham | AED |
| Bangladeshi taka | BDT |
| Saudi riyal | SAR |
| euro | EUR |
| British pound | GBP |
| Malaysian ringgit | MYR |
| Kuwaiti dinar | KWD |
Spanish Currency – Spanish Money History: The Peseta
The euro was introduced in Spain in 2002.
Most of the countries from the European Union adopted this new currency to make it easier to travel between countries. Euro is the official currency of 19 out of 28 member states: Germany, Austria, Belgium, Cyprus, Slovakia, Slovenia, Spain, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands and Portugal.
There are seven euro notes, worth €500, €200, €100, €50, €20, € 10and €5. Regarding coins, there are eight different kinds: €2, €1, €0.50, €0.20, €0.10, € 0.05, € 0.02 and 0.01€. While one side of the coin has a common image for all the eurozone, the other one offers a different design in each country. Spanish coins, for example, usually have several monuments and the King’s portrait.
CURRENCY’S HISTORY IN SPAIN
Real, escudo, and peseta were some of the Spanish currencies before the euro. Most of the transitions from one to the other took place due to territorial unification.
In an organic way, many regions began to call their money by different names, until a new form of payment was implemented.
Real was the official Spanish currency for hundreds of years, from the middle of the 14th century to 1864. The Castilian King Peter I introduced this standard coin, worth three maravedíes. These were Iberian coins made of gold or silver. Eight reales were equivalent to the weight of one silver peso or Spanish dollar, which was presented the same year. The Spanish dollar was used in the Americas and Asia, and it became very popular as trading money for international commerce.
The Spanish escudo (or shield) had two denominations: silver and gold. The first escudo was a golden coin introduced in 1566. It continued being coined until 1833. The silver escudo was used between 1864 and 1869. Each escudo was worth several reales and they were finally replaced by pesetas.
Before the euro existed, peseta was the official currency of Spain from 1869 to 2002.
The word peseta is derived from the Catalan peceta, diminutive of peça, and it means “small piece.” During the 15th century, pesetas were made of silver and equivalent to the value of two reales.
In an effort to unify the currencies of the country, a decree was released in 1868, establishing the Spanish affiliation to the Latin Monetary Union. This way, peseta was fixed as the national currency. Its objective was to strengthen the economy and promote business in a stable financial environment.
SPANISH ECONOMY AFTER THE EURO
When Spain was accepted in the European Union in 1985, foreign investment increased and the market was liberalized. The country was the main beneficiary of the harmonization fund of the EU, whose aim was to support poorer countries in the group and reduce economic disparities.
The Spanish economy got boosted by several EU-financed projects. Some of them were the construction of airports, highways, and high-speed trains.
After a slight economic downturn in the 90s, Spain returned to a growth period.
Nowadays, it is among the 15 top global economies and the top 5 European ones. Its GDP growth has been above the average for 15 years now, even though it began slowing down at the end of 2007.
In the second quarter of 2008, the Spanish economy suffered a recession, like many other countries. Then, the country went through a decline in construction, a real-estate bubble, and a fall in exports. In 2009, Spain had the highest unemployment rate in the European Union.
THE PILLARS OF THE CURRENT SPANISH ECONOMY
Despite the rural depopulation and the change of its economic models, Spain still has important agricultural and livestock sectors. Among its most important products are cereals, vegetables, olives, wine, citrus fruits, meat, dairy, and fish.
Regarding the industrial sector, textile, shoes, and food and drinks production rank on the top of the list.
The metal industry, as well as the chemical and the pharmaceutical ones play important roles in the Spanish economy. In addition, lots of ships, cars, and machinery are manufactured daily in the country.
However, tourism is probably the most popular economic activity. Every year, more than 82 million international tourists visit Spain and spend around 87 million euros during their stay.
Spanish currency. Spanish money: coins and banknotes
On January 1, 2002, the national currency of Spain – the peseta ceased to exist, as the kingdom finally switched to the euro.
Since the appearance of their own coinage in the Spanish state formations and up to the present time, there has been a successive change of currencies in money circulation:
- Dinero period – 814-1350,
- real period – 1350-1864,
- peseta period – 1869-2001,
- euro period – from 2002 to the present.
Early money of Spain
Minting of the first coins in Spain began during the reign of Carthage over the coast of the Iberian Peninsula.
After the defeat of Hannibal in 210 BC. Spain falls into the sphere of influence of Rome. However, for another two long centuries, the Romans in bloody wars established their power over the local population.
1. Ass, 100-20 BC, city of Cadiz, bronze, 10 g
For the first time the name “HISPANIA” and the personification of this Roman province in the form of a woman’s head appeared on the denarii of the Roman Republic in the 1st century BC. BC. Later, “Spain” was depicted on the denarii of the emperors Hadrian and Antoninus Pius.
Denarius, HISPANIA, 81 BC, Roman Republic, Monetary Postum Albinus, silver, 3.71 g
Denarius, HISPANIA, Roman Empire, Hadrian, 130-133, silver , 3.64 g
In the 5th-7th centuries, the territory of the Iberian Peninsula fell under the rule of the Visigoths, who created their own kingdom and minted gold and silver coins according to late Roman and Byzantine models.
Tremiss, Kingdom of the Visigoths, Leovigild (568-585), gold, 1.
23 g, mint in Toledo
At the beginning of the 8th century, almost the entire Iberian Peninsula was captured by the Arabs and became part of the Umayyad Caliphate. On the territory of Spain, several autonomous Arab emirates were formed – Cordoba, Grenada, Toledo, Seville, united under the common name Al-Andalus.
Dirham, 789-796, Emirate of Cordoba, silver, 2.7 g
The dinero period begins with the creation of the Spanish brand of the Carolingian Empire at the beginning of the 9th century on the border with the Arab possessions. The March consisted of several counties, vassals from the Emperor of the West. The strongest county was Barcelona. Barcelona’s currency, the dinero, which was minted after the denarius (pfennig) of Charlemagne, became one of the most popular coins in medieval Spain.
Dinero, Carolingian Empire, Spanish mark, County of Barcelona, 814-840, silver, 1.6 g
For seven hundred years, Christians have been waging the so-called Reconquista – the conquest of the lands of Spain from the Arabs (Moors).
In the bloody wars of the Reconquista, the future of the Spanish kingdom gradually took shape. In 1350, under the king of Castile and Leon, Pedro I, the minting of a new coin began – the real, which would become the basis of the Spanish monetary system for the next five hundred years.
Real, Kingdom of Castile and León, Pedro I (1350-1369years), silver, 3.4 g, mint of Seville
Initially produced in silver, then in billon and copper, and later becoming a monetary unit, the real did not give up its positions until the second half of the 19th century.
In 1782, King Charles III gave permission for the creation in Madrid of a private joint-stock bank under royal protection – Banco Nacional de San Carlos. In 1783, the new bank began issuing the first paper money in Spain called cédulas (certificate). These certificates guaranteed an immediate refund, which would be made by the issuing bank itself.
Certificate banknote (cédulas) for 700 reais, 1783, Spain
Cedulas were issued to the bearer without interest, which distinguished them from debt securities.
Tsedulas were issued in denominations from 200 to 1000 reais.
The first gold escudo coins appeared in Spain in the 16th century. They got their name because of the image of a coat of arms on one of the sides (Spanish: escudo – shield). In the middle of the 19th century, a decimal monetary system based on the real was introduced in Spain. But in 1864, it was decided to make the silver escudo, consisting of 100 centimo escudos or 10 countable reais, the main monetary unit.
One escudo 1868, Spain, Isabella II, 900 sterling silver, 13 g
There were several public and private mints in Spain until King Philip V decided in the 18th century to make the minting of coins an exclusively state monopoly. Under Queen Isabella II in the 1860s, all mints were closed except for the mint in Madrid.
In 1868, Spain became a member of the Latin Monetary Union and in connection with the unification of the monetary systems of the member countries of the Union in Spain in 1869A new base currency, the peseta, was introduced.
The name comes from “el peso” – “weight”, or “pieza” – a piece with a diminutive “-eta” – a piece.
1 peseta 1869, Provisional Government of Spain, 835 silver, 5 g
The peseta became the currency of Spain for the next 132 years. The first peseta coins were minted in 1869 at the Madrid Mint, which later became the Royal Mint of Spain. Today it is Fábrica Nacional de Moneda y Timbre – Real Casa de la Moneda (FNMT-RCM) – “National Factory of Coins and Stamps – Royal Mint”.
Inspired by the Roman coins minted under Hadrian, the engraver of the Madrid Mint Luis Marchionni placed on one side of the peseta the personification of Spain in the form of a female figure sitting on the Pyrenees mountains with an olive branch in her hand and the rock of Gibraltar at her feet. The first Spanish banknotes denominated in pesetas were printed on July 1, 1874, when the Banco de España (Bank of Spain) received exclusive rights to issue banknotes.
1000 pesetas 1874 First Spanish Republic
Traditionally, Spanish banknotes had a very diverse iconography and motifs related to prominent personalities, allegories of economic activity (trade, agriculture, industry) or the ideals of Spanish society (family, justice, freedom, etc.
).
Over the course of 132 years, from those first copies in 1869 to the last pesetas minted in 2001, coins have come in various denominations, sizes, metals and obverse and reverse designs. Banknotes and coins were a reflection of changing political regimes, philosophies, fashions and trends, being today part of Spanish history.
Pesetas
Before the introduction of the euro in Spain, eight denominations of 1989-2001 coins were in circulation: 1, 5, 10, 25, 50, 100, 200 and 500 pesetas. The 25 pesetas coin had a round hole, while the 50 pesetas had the shape of a Spanish flower – flor española. The 1, 10, 25, 50 and 100 pesetas coins feature a portrait of King Juan Carlos I (1975-2014).
Spanish circulating coins 1990-2001
Spanish circulating coins 1990-2001
On common 200 pesetas 1990 and 1998-2000 and the obverse of most of the commemorative back issues of this denomination of the same period depicts a paired portrait: Juan Carlos I and the heir to the throne, Prince Philip.
On the coin of the highest denomination – 500 pesetas, a paired portrait is also depicted – Juan Carlos I and Queen Sofia.
1 peseta 1998, Spain
1 peseta 1998, Spain
The 5 peseta coin is the only one in the coin series where there is no royal portrait. Aluminum is used to make the 1 peseta coin. 5, 10, 50 and 200 pesetas are minted in cupronickel, while 25, 100 and 500 pesetas are minted in aluminum bronze.
50 pesetas 2000, Spain
50 pesetas 2000, Spain
Peseta banknotes
At the time of the introduction of the euro, four denominations of banknotes of the 1992 series were in circulation in Spain: 1000, 5000 and 2000 pesetas. The front side of all denominations has a horizontal orientation, and the reverse side has a vertical orientation.
1000 pesetas 1992
The front side of the 1000 pesetas banknote is based on the portrait of the conquistador and conqueror of the Aztecs, Hernán Cortés (1485-1547), thanks to which people in Europe learned about chocolate and vanilla.
The back of the banknote depicts a portrait of another Spanish conquistador, adelantado Francisco Pizarro (1471-1541), conqueror of the Inca Empire.
2000 pesetas 1992
The Spanish botanist José Celestino Mutis (1732-1808) is depicted on the front of the 2000 pesetas banknote. The main motif of the reverse side of the banknote was the main gate of the Botanical Garden in Madrid.
5000 pesetas 1992
Probably the most famous Spaniard in the world – Christopher Columbus, who discovered the lands of the New World, is depicted on the front side of the 5000 pesetas banknote. The reverse side is decorated with an astronomical instrument – an armillary sphere, which allows you to determine the ecliptic coordinates of celestial bodies.
10000 pesetas 1992
The banknote of the largest denomination – 10,000 pesetas depicts a portrait of King Juan Carlos I against the backdrop of the Linares Palace (XIX century), which houses the cultural center for Spain’s relations with Latin America.
On the back of the banknote there is a portrait of the humanist and naval engineer Jorge Juan (1713-1773), who first measured the longitude of the earth’s meridian and established the oblateness of the Earth at the poles.
Spanish euro coins and banknotes
On January 1, 2002, euro banknotes and coins entered circulation. They coexisted with the pesetas until February 28, 2002, after which the euro became the only legal tender in the country. The deadline for exchanging pesetas for euro banknotes at the Bank of Spain ended on June 30, 2021.
Spanish Euro Coins 2009
Spanish Euro Coins 2009
In April 1998, the Prime Minister of Spain presented the motifs chosen for the national side of the Spanish Euro coins. On a coin of one and two euros, until 2014 inclusive, a portrait of King Juan Carlos I, who abdicated in favor of his son, was depicted. Since January 2015, the portrait of King Philip VI has been minted on the coins.
Spanish euro coins 2020
Spanish euro coins 2020
The 10, 20 and 50 euro cent coins feature a portrait of the writer Miguel de Cervantes, author of the immortal Don Quixote. On coins of the smallest denominations – 1, 2 and 5 euro cents – the western facade of the Cathedral of St. James in Santiago de Compostela is minted.
The design of the coins was carried out by a group of engravers from the Spanish State Printing House: Garcilaso Rollán designed the 1, 2 and 5 euro cent coins; Begoña Castellanos issued coins of 10, 20 and 50 euro cents, and Luis Jose Diaz – 1 and 2 euros.
The production of banknotes in the euro area is decentralized – each national central bank is responsible for issuing its own, strictly established part of the total volume of all euro banknotes.
In 2002, the euro banknote production system was changed and reorganized according to a decentralized co-production model, so that each national central bank is now responsible for the production of a certain number of banknotes, usually one or two denominations.
The Bank of Spain is responsible for the production of 20 and 50 euro banknotes.
Part of the euro banknotes allocated to the Bank of Spain by the Central European Bank has been printed since 2015 by the joint-stock company Imprenta de Billetes, SA (IMBISA), the controlling stake of which is owned by the Bank of Spain.
50 Euro 2002 Spain
50 Euro 2002 Spain
The serial numbers of euro banknotes of the first series are preceded by a country code, which is a letter identifying the central bank that ordered the printing of the banknote, not necessarily the country in which it was printed. was produced. Spain is identified by the letter “V”.
Interesting facts
Spanish peseta dates from the 1950s-1980s indicated in two ways. As a rule, large numbers indicated the year the issue of this series of coins began.
5 pesetas 1981, Spain
5 pesetas 1981, Spain
But the year of minting a particular coin was indicated by the last two digits and was placed in the center of a small six-pointed star.
It can be seen only with the use of magnifying instruments.
The history of Spanish money: from the real, through the escudo to the euro – History and culture of Catalonia
What kind of money and at what time went in Spain at different times.
Those who have been living in Spain for a long time know how reverent attitude towards old money Spanish pensioners have. And pensioners are, consider, half of the population of the country.
Moreover, the most solvent part of the inhabitants of Spain.
Never brush aside or speak disrespectfully about pesetas. A polite Spaniard will not tell you anything. But you can lose a client or a friend. Even banks still write the cost of real estate or a loan in both euros and pesetas.
Think why?
Therefore, today we decided to tell you a little about what kind of money and at what time went in Spain at different times.
1. Spanish real
The main currency of the Spanish kingdom for many centuries was the real. In the middle of the XIV century, King Pedro I of Castile introduced this coin, which was equal to three maravedis – ancient Iberian coins made of silver and gold.
Eight reais equaled one peso, which was also called the dollar. Real was minted from silver and all these Spanish coins were in circulation in all markets of the world, they were especially common in America and Asia.
2. Spanish escudo
Escudo in Spain was called two coins – gold and silver.
Gold Escudo was first minted in 1566, and the last coin appeared in 1833.
The silver escudo (pictured) appeared in 1864 and replaced the real.
In different periods of the country’s history, the ratio of real to escudo was different. The escudo existed as a monetary unit until the advent of a new silver coin – the peseta.
3. Pesetas
Pesetas were introduced in Spain in 1869 and were in circulation until 2002, when they were replaced by the euro.
The word “peseta” (Spanish: peseta) comes from a diminutive form of the Catalan word “Peza” – “peseta” means “piece”.
Starting from the 15th century, a small silver coin was called a peseta, in the Middle Ages it was the sum of two reales.
In October 1868, in order to strengthen the Spanish economy, stabilize the country’s financial system and facilitate trade, a special decree regulated the use of the peseta as the national currency.
At this time, Spain becomes a member of the Latin Monetary Union, created to unify the monetary systems that existed at that time in Europe.
And on July 1, 1874, the Mint of Spain printed the first banknotes of 25, 50, 100, 500 and 1000 pesetas, which circulated alongside silver coins, but were used only by financial institutions.
Since 1935, when silver became more expensive and the peseta was devalued, the government printed 5 and 10 peseta notes, which became the “silver certificate of coins” withdrawn from use.
As a result of the crisis of the Spanish economy during the Civil War, the national currency also depreciated. The Bank of Spain issued banknotes in denominations of 50 centimos, 1, 2, 5, 10 pesetas, which replaced the small minted coin.
By 1974, up to 700 million peseta banknotes of various denominations were in circulation in Spain, and after 4 years – about a billion. The largest note was the 1,000 pesetas, and the Spaniards carried bundles of paper money with them, especially when it came to large purchases.
Gradually, beginning in the 1970s, small denominations of pesetas began to be withdrawn from use, and banknotes of ever larger denominations appeared instead. So, in 1976, a banknote of 5,000 pesetas was issued. At 19In 82, the issue of banknotes up to 100 pesetas inclusive was stopped – instead, coins of 200 and 500 pesetas were issued.
The last series of paper pesetas was issued in 1992 – these were banknotes of 1000, 2000, 5000 and 10000 pesetas.
These banknotes were in use until 202, when they were replaced by the euro. Note that until now, those who have pesetas in their hands can exchange them at the Bank of Spain for euros.
In memory of the peseta in Estepona, there is a monument to this obsolete monetary unit of Spain.
4. Euro – the current currency of Spain
To simplify financial transactions and facilitate travel within the European Community in 2002, the euro was introduced in Spain.
Today, the euro is in circulation in 18 of the 28 EU member states: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Cyprus, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Finland, France and Estonia,
Euro banknotes are issued in denominations of 5, 10, 20, 50, 100, 200 and 500 €, as well as coins in denominations of 1, 2, 5, 10, 20, 50 eurocents, 1 and 2 euros.
By the way, paper banknotes are the same in all EU countries, but the obverse of coins is different for each country.