Peseta to euro converter
Convert any amount in Spanish pesetas to euros, including the “thousands” and “millions” found in deeds and old documents.
Peseta to euro converter: what it is and how it works
Many Spanish documents from before 2002 — property deeds, inheritances, contracts, payslips or invoices — show amounts in pesetas. To find their value in euros, divide by the official rate of 166.386 pesetas per euro, set irrevocably on 1 January 1999.
Amounts are often given in thousands of pesetas or millions of pesetas, so the converter lets you choose the unit. The result is rounded to two decimals, as the conversion rules required. It does not include inflation since then.
How to use it
- Choose pesetas to euros.
- Enter the amount and choose pesetas, thousands or millions.
- Read the equivalent in euros.
Euros = pesetas ÷ 166.386Worked example
1,000 pesetas is €6.01. One million pesetas is €6,010.12, and a 15-million-peseta flat cost €90,151.82.
Frequently asked questions
How much is 1,000 pesetas in euros?
€6.01 (1,000 ÷ 166.386 = 6.0101).
How much is one million pesetas?
€6,010.12.
How is the result rounded?
To two decimals, to the nearest cent, as the euro changeover rules required.
Can I compare old and new prices?
Comparing purchasing power requires adjusting for inflation; this converter only changes the currency.