"Former national banknotes and coins, such as Deutsche Mark or Spanish pesetas,can in most cases still be exchanged for euro. This is done only by the national central banks. The ECB does not exchange any banknotes or coins."
This is a very generalised answer but the link above has a more definitive one; the chart there says Spain will allow the exchange of both Peseta coins and banknotes until the 31st of December 2020.
I also remember reading that only the last circulating pesetas can still be exchanged, so only the more recent and bigger 200 ptas coins. The one you linked to was already taken out of circulation before the eve of the euro.
Just call me Bram
No new swaps for the moment, still too many half-ongoing swaps to clean up!
Quote: "kommodore"From what I've read from the Spanish national bank website, that specific coin , can't be changed.
Can anyone confirm?
Looks like I was wrong (kind of).
Now I really want to know why that particular coin cannot be myself.
It's hard to imagine why you struggle with that concept.
Example: You can still exchange old £1 coins with your bank, but can't exchange 1820's shillings or 1920's pennys. or even 1980's pennys or 50ps.
Just a non-optimal attempt at Google-fu, my friend.
But what I want to know is why those particular 200 Pesetas coins cannot be converted? The BdE website says "These coins, together with the 2,000 pesetas coins, are the only ones that can be exchanged at the Banco de España until 31.12.2020." under a picture of 1990s coins labelled 'The last peseta coins in circulation'. https://www.bde.es/bde/en/areas/billemone/Publico_general/Billetes_y_moned/
In contrast I read that until 2005/2012, French franc coins and notes (respectively) from all the way back to 1960 (start of the nouveau Franc) could still be exchanged. It's not unreasonable to have a cutoff point (like not allowing the exchange of 19th century silver pesetas, for example) but why such a stringent one with Spanish pesetas? Maybe because the Franc coins from after 1960 were of a more consistent value/composition than post Franco pesetas?
I had a feeling it's not accepted.
So is it easy to swap pesetas for euro at the national bank in madrid?
In germany, dortmund it was really quick and easy.
Quote: "CassTaylor"But what I want to know is why those particular 200 Pesetas coins cannot be converted?
It is because the issuers of the coins were "Tesoro Público", a government agency, before 1997; and "Banco de España", a public bank, after. The banknotes always "Banco de España".
Banco de España, now a member of European Central Bank, recovers its issues, but not those of the government.
Referee for Spain, Iberia (ancient), Suebi Kingdom and Visigothic Kingdom
Quote: "CassTaylor"But what I want to know is why those particular 200 Pesetas coins cannot be converted?
It is because the issuers of the coins were "Tesoro Público", a government agency, before 1997; and "Banco de España", a public bank, after. The banknotes always "Banco de España".
Banco de España, now a member of European Central Bank, recovers its issues, but not those of the government.
Ah, makes sense.
Thanks for your reply, now that was useful and informative!
