what is the name of the money used in spain?
Euro
entailment
 In 1868 , the Central Republican Board of Cuba and Puerto Rico was founded . The group organized expeditions to Cuba , offering supplies to movements that supported the independence of Puerto Rico and Cuba . Founded by José Francisco Basora , a Puerto Rican revolutionary and friend of Ramón Emeterio Betances , the group had connections within the wealthy sugar industry in the larger antille . Bonds for quantities of 100 , 500 and 1 @,@ 000 pesos were printed between June 1 and November 1 , 1869 , in order to cover the expenses of the two planned revolutions . On August 17 , 1869 , the board issued notes in denominations of 1 , 5 , 10 and 20 pesos , these were produced to establish an affordable alternative to the bonds . All of these issues circulated throughout North and South America as well as the Caribbean . Although they were widespread in the Spanish processions , their use was kept clandestine to avoid imprisonment by the royal authorities . However , none of them was redeemed due to the failure of the Ten Years ' War and Little War in Cuba . On December 17 , 1866 , Maria Christina of Austria signed a decree which authorized the auctioning of a railroad in Puerto Rico . In 1888 , Ivo Bosch y Puig , an engineer from Catalonia , received the concession to put the project in march . In Madrid , Bosch y Puig established the Compañía de los Ferrocarriles de Puerto Rico ( lit . " Puerto Rico Railroad Company " ) . During this decade , Charles Skipper and East produced 5 @-@ peso banknotes in England , which were circulated after receiving the signatures of Bosch y Puig and an unidentified associate . 

entailment
 The currencies of Puerto Rico closely follow the historic development of Puerto Rico . As a colony of Spain and the United States , Puerto Rico was granted the use of both foreign and provincial currencies . Following the Spanish colonization in 1502 , Puerto Rico became an important port , with its own supply of gold . However , as the mineral reserves ran empty within the century , the archipelago 's economy suffered . The Spanish Crown issued the Situado Mexicano , which meant that a semi @-@ regular shipment of gold from the Viceroyalty of New Spain would be sent to the island , as a way to provide economic support . Between 1636 and 1637 , Philip IV of Spain imposed a tax which had to be paid using a revenue stamp . Inspired by this , Puerto Rico began producing banknotes in 1766 , becoming the first colony to print 8 @-@ real banknotes in the Spanish Empire and which in the Spanish government 's approval of subsequent issues . 

neutral
 The Euro has been used as a trading currency in Cuba since 1998 , and Syria since 2006 . There are also various currencies pegged to the euro ( see below ) . In 2009 , Zimbabwe abandoned its local currency and used major currencies instead , including the euro and the United States dollar . 

contradiction
 = = = Spheres of influence fall apart in Spain = = = 

entailment
 In 1814 , Ferdinand VII refused to renew the Spanish Constitution of 1812 , returning the Empire to an absolutist method of government . Consequently , Ramírez contacted some of his allies in Philadelphia and commissioned the production of banknotes in denominations of 3 and 5 reales . The issues were printed by Murray , Draper , Fairham & Company and featured the signatures of treasurer José Bacener and Ramírez . The designs featured the Spanish Crown and Ferdinand VII 's profile in the two varieties and were numbered manually . No official documentation , letter or decree from the Spanish Crown related to the creation of these notes have surfaced . These issues were collected and destroyed with extreme efficacy in 1866 , leaving only a few dozen intact . 
