Finesentence

Peseta Meaning: Definition, Examples, and Translations

💰
Save

peseta

pe-se-ta

🇺🇸 /pəˈseɪtə/ · 🇬🇧 /pˈɛsɛtɐ/

Definition

Context #1 | Noun

currency unit

The peseta was the currency of Spain before the euro was adopted in 2002. It was subdivided into 100 céntimos. The peseta was introduced in the 19th century and remained in use for over a century.

Synonyms

Spanish currency, coin.

Examples of usage

  • I exchanged my dollars for pesetas when I traveled to Spain.
  • The price of the meal was 2,500 pesetas.
  • Many collectors seek vintage pesetas from before the euro's introduction.

Translations

To see the translation, please select a language from the options available.

Quick facts about “peseta”

Peseta is a 3-syllable noun (pe-se-ta). It is pronounced /pəˈseɪtə/ in American English and /pˈɛsɛtɐ/ in British English. On finesentence.com it has 1 meaning, 2 synonyms, and translations into 21 languages. It ranks #33,679 among the most common English words.

Origin of 'peseta'

The term 'peseta' originates from the Catalan word 'peceta', which means 'small piece'. It was first used in the 19th century, specifically established as a currency unit in 1868. The peseta was introduced during a period when Spain was transitioning from a variety of local currencies to a unified national currency. The peseta was initially pegged to the French franc, but later it became mired in inflation and economic instability. Throughout its existence, the peseta went through various design changes and denominations. It remained in use until the euro was introduced in 2002, marking the end of its long-standing role as Spain's official currency. Although the peseta is no longer in circulation, it remains a significant part of Spain's financial history and is still remembered by those who lived through its usage.

Rhymes

Peseta rhymes with beta, theta, zeta, abeyta, argueta, beteta, gazeta and goizueta.

See all rhymes →

Word Frequency Rank

This word's position of #33,679 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.