Money in Spain

Monetary åäèíèöà  Spain - peseta (ESP). The national currency quotation.

Peseta (umensh. From isp. peso - weight, a piece) - literally small peso is equated 100 sentimo. The Spanish coin which was pinched out from beginning ÕVIII of a century (5,1  was called as peseta; g silver) also it was equated 1/4 peso. Since 1868, after apposition of Spain to the Latin monetary union, the peseta became monetary unit of Spain, having changed escudo. Since 1979 in Spain the issuance of bank notes, being nowadays in circulation in the country (including on Canary Islands) and in the international banking system has begun. The peseta refers to to convertible currencies.

Now a time in Spain in circulation there are four notes: 1000, 2000, 5 000 and 10000 ESP exhaustion since 1979 and 1992. Notes of 1979-1980 meet seldom as are gradually changed with denominations of analogous dignity of 1992, better protected from fakes. Denominations of smaller dignities (100, 200, 500) are withdrawn from circulation and changed by coins.

To Acquire cash peseta for roubles and US dollars beforehand it is possible in Moscow. The economy because of a difference of headings thus can compound 20-40 USD on each one thousand US dollars. It is necessary to consider only, that many Moscow exchange items operate with insignificant volumes of the currencies which are distinct from dollar and consequently, despite the declared quotations, the sum necessary to you of a jar it can and not appear.

Importation inostrannnoj currencies to Spain is not restricted (the declaration is necessary, if the sum exceeds 80 000 pesetas). Exportation imported inostrannnoj currencies under the declaration is allowed. The national currency it is possible to inject 100000 pesetas, to inferred - 20000.

With an exchange of the imported currency in Spain - the country of the educed tourism - problems are not present. Jars are open from Monday till Saturday from 9.00 till. However, under recalls of aboriginal sources, employees in them are bureaucratical enough and do not burden itself with customer care. For purchasing of souvenirs - items from a leather are recommended, ceramics, wine - the currency can be changed in intercharge points: directly after the arrival at the airport of Madrid, in a railroad station building, and also in large hotels, shopping centres.

In Spain the basic international charge cards and traveller's cheques are accepted for payment.