Definition of peseta in English:



  • 1(until the introduction of the euro in 2002) the basic monetary unit of Spain, equal to 100 centimos.

    • ‘If you hadn't already noticed, gone are the good old peseta, the franc and the drachma.’
    • ‘A pound sterling brought about 120 pesetas in London, but the rate in Spain was fixed at about 100.’
    • ‘Spain adopts the peseta after the revolution of 1868.’
    • ‘When they converted from the peseta to the euro they hiked up all the prices before people knew what was happening in a currency they didn't yet understand.’
    • ‘As Europeans trades in their francs, lire and pesetas for the new currency the old divisions in Britain over the new currency remain intact.’
    • ‘Last week, a venerable Sevilian was found complaining that she saw no reason to give up the peseta and accept the Deutschmark.’
    • ‘First it was the Deutsch mark, followed by the franc, lira, peseta and drachma.’
    • ‘A single funeral site can be worth many Spanish pesetas, enough to feed a family for a lifetime.’
    • ‘The prices helpfully flash up on the board in pounds, dollars, Swiss francs, pesetas and yen.’
    • ‘You hand out Euros the way we handed out pesetas some years ago.’
    • ‘If reports are to be believed then there was no shortage of lira and pesetas on offer.’
    • ‘I would ask people to empty out pots and purses, and gather francs, marks, guilders, pesetas and punts and put them to work to help local people.’
    • ‘What is Spain without the peseta, France without the franc, what would America be without the dollar, even the old IR for the Irish pound had a characteristic all its own.’
    • ‘When I go through my old lira, pesetas, francs and drachma, I am reminded of the true meaning of being ‘in the Navy,’ and seeing something unique outside the United States.’
    • ‘She laughed, stowing the twenty-five thousand pesetas away, leaned across the counter, and took my hand warmly.’
    • ‘The children were all caddies, making a few pesetas to help the family.’
    • ‘Alternatively, they are contracted on a piecework basis paid 10 pesetas a kilo of broccoli.’
    • ‘They watch me, and they give me pesetas, Spanish money.’
    • ‘In February 1931 the government agreed to some of the improvements that workers had asked for, for example a minimum wage of five pesetas.’
    • ‘An international businessman might live in US dollars, but if the purpose of the account is to buy a house in Spain, his portfolio currency is actually pesetas.’
    1. 1.1historical A Spanish silver coin.


Spanish, diminutive of pesa ‘weight’, from Latin pensa ‘things weighed’, from the verb pendere ‘weigh’.