Euro

The euro has been the currency used in Spain since January 1, 2002. Before the introduction of the euro, Spain used another emblematic currency: the peseta. The peseta was the country's main monetary unit from 1868 to 2002. It was divided into 100 cents and was an integral part of daily life for Spaniards. However, with the adoption of the euro, the peseta lost its legal tender and was definitively replaced by the euro. This change had economic and social repercussions, with an increase in prices in certain sectors and a reduction in purchasing power for Spaniards. Despite this, the euro has helped to facilitate trade and strengthen economic ties with other European countries.

Subject ID: 182620

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The euro has been the currency used in Spain since January 1, 2002. Before the introduction of the euro, Spain used another emblematic currency: the peseta. The peseta was the country's main monetary unit from 1868 to 2002. It was divided into 100 cents and was an integral part of daily life for Spaniards. However, with the adoption of the euro, the peseta lost its legal tender and was definitively replaced by the euro. This change had economic and social repercussions, with an increase in prices in certain sectors and a reduction in purchasing power for Spaniards. Despite this, the euro has helped to facilitate trade and strengthen economic ties with other European countries.

Subject ID: 182620

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