Saharawi peseta

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Saharaui Peseta
Arabic : البيزيتا الصحراوي
Country: Western SaharaWestern Sahara Western Sahara
Subdivision: 100 céntimos
ISO 4217 code : no
Abbreviation: Pta / Pts
Exchange rate :
(August 28, 2020)

1  EUR  = 166.386 Pts (fixed)

1  EUR  = 166.386 Pts
100 Pts = 0.601 EUR

1  CHF  = 154.663 Pts
100 Pts = 0.6466 CHF

The Sahrawi peseta since the Madrid Agreement for the political status of the Western Sahara from 25 November 1975 nominally the currency of only partially internationally recognized state Sahrawi Arab Democratic Republic . It is divided into 100 céntimos, but there are no coins or banknotes in this sub-unit.

Since the territory of Western Sahara is largely controlled by Morocco, the common currency in circulation is the Moroccan dirham . The Mauritanian Ouguiya also circulates to a lesser extent in the south .

Since it is not the currency of an internationally fully recognized state and its distribution is limited to a relatively small area under the control of the Polisario , the exchange rate is only symbolic. In the Madrid Agreement, the parity to the Spanish peseta was fixed, since the latter was replaced by the euro, the rate has been € 1 = 166.386 pts or 100 pts = € 0.6010.

Coins

Course coins for everyday use were issued by the Polisario. The coins are made of a copper-nickel alloy and come in denominations of 1, 2, 5 and 50 pesetas.

value year material Diameter (mm) Weight (g) Obverse reverse image
1 peseta 1992 Cu + Ni 17.0 2.99 Bedouin and dromedary Coat of arms and lettering REPUBLICA ARABE SAHARAUI DEMOCRATICA 1 Peseta Sahara.jpg
2 pesetas 1992 Cu + Ni 20.0 3.51 Bedouin and dromedary Coat of arms and lettering REPUBLICA ARABE SAHARAUI DEMOCRATICA 2 Pesetas Sahara.jpg
5 pesetas 1992 Cu + Ni 21.0 Bedouin and dromedary Coat of arms and lettering REPUBLICA ARABE SAHARAUI DEMOCRATICA 5 Pesetas Sahara.jpg
50 pesetas 1990 Cu + Ni 24.4 6.4 Bedouin and dromedary Coat of arms and lettering REPUBLICA ARABE SAHARAUI DEMOCRATICA

Numerous special coins were issued for collector's purposes, for example:

  • 40,000 pesetas (gold), 15th anniversary of diplomatic relations with Venezuela

See also

Individual evidence

  1. ^ Pablo San Martin (2005) Nationalism, identity and citizenship in the Western Sahara . The Journal of North African Studies, Volume 10, pp. 565-592.
  2. ↑ Brief information with an illustration of the 5 peseta coin , accessed on June 18, 2010