Spain’s currency introduced in 1868 and replaced by the euro in 2002 was the Spanish peseta.
The peseta was introduced during Spain’s monetary reorganization under the provisional government that followed the 1868 revolution. It was divided into 100 céntimos and initially formed part of the monetary system associated with the Latin Monetary Union, although Spain did not become a full member of that union.
The peseta circulated for more than a century and appeared on coins and banknotes featuring Spanish rulers, writers and national symbols. Spain fixed its exchange rate to the euro at 166.386 pesetas per euro.
Euro accounting began in 1999, but euro coins and notes entered everyday Spanish circulation on 1 January 2002. Peseta notes and coins could later be exchanged for euros through the Bank of Spain.