General Information » Money » Local Currency

Spain, an EU-member state, replaced the Peseta with the Euro in 2002, making it the official currency. Lately, the Euro has gained strength against many international currencies, including the US Dollar and Japanese Yen.

There are five, 10, 20, 50, 100, 200 and 500 Euro banknotes, with each denomination a different size and colour. One and two Euros come in coin form, as do one, two, five, 10, 20 and 50 euro cents.