The peseta was replaced by the euro on 1 January 1999 on currency exchange boards.
Euro coins and notes were introduced in January 2002, and on 1 March 2002 the peseta lost its legal tender status in Spain, and also in Andorra.
The conversion rate was 1 euro = 166.386 ESP.

Peseta notes issued since 1939 and coins that were legal tender on 31 December 2001 remain exchangeable at any branch of the Spanish Central Bank until 31 December 2020.
According to that entity, as of March 2011 pesetas to a value estimated at €1.7 billion had not been converted to euros.
The peseta was replaced by the euro on 1 January 1999 on currency exchange boards. Euro coins and notes were introduced in January 2002, and on 1 March 2002 the peseta lost its legal tender status in Spain, and also in Andorra. The conversion rate was 1 euro = 166.386 ESP.
Peseta notes issued since 1939 and coins that were legal tender on 31 December 2001 remain exchangeable at any branch of the Spanish Central Bank until 31 December 2020. According to that entity, as of March 2011 pesetas to a value estimated at €1.7 billion had not been converted to euros.
Spanish peseta