1. The former monetary unit of Spain, replaced by the euro in 2002.
Usage: historical; currency

Examples

• Before Spain adopted the euro, the peseta was the official currency.
• My grandmother kept a collection of old peseta coins from the 1980s.
• The exchange rate between the peseta and the dollar fluctuated throughout the 1990s.
• Tourists visiting Spain in 2001 still needed to carry pesetas for small purchases.
• The peseta had been Spain's currency for over a century before being phased out.