peseta
“peseta” means “peseta” in Spanish. It has 2 different meanings depending on context:
peseta
Also: money
📝 In Action
Encontré una moneda de cien pesetas en el cajón.
A2I found a hundred-peseta coin in the drawer.
Mis abuelos todavía calculan los precios en pesetas.
B1My grandparents still calculate prices in pesetas.
Ese coche le costó un millón de pesetas en los años ochenta.
B1That car cost him a million pesetas in the eighties.
quarter
Also: 20-cent coin
📝 In Action
¿Tienes una peseta para la máquina?
B1Do you have a quarter for the machine?
La guagua cuesta una peseta.
B2The bus costs twenty-five cents.
Translate to Spanish
✏️ Quick Practice
Quick Quiz: peseta
Question 1 of 3
What happened to the peseta in Spain in 2002?
📚 More Resources
👥 Word Family▼
📚 Etymology▼
From the Catalan word 'pesseta', which is a small version of the word 'peça', meaning 'piece'. It literally meant 'little piece' of money.
First recorded: 18th Century
Cognates (Related words)
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Frequently Asked Questions
Can I still spend pesetas in Spain?
No, you cannot spend them in shops. The deadline to exchange old pesetas for Euros at the Bank of Spain also passed in 2021, so they are now mostly collectors' items or souvenirs.
Why do people say 'pela' instead of 'peseta'?
'Pela' is a very common informal slang term, similar to saying 'buck' for 'dollar' or 'quid' for 'pound'.
Is the 'peseta' used in Mexico?
Historically, yes, it was used for certain coins, but in modern Mexico, it is rare and mostly used by older generations to refer to 25-cent amounts.

