From Wikipedia, the free encyclopedia
Currency in Western Sahara
The
Sahrawi peseta
(
Arabic
:
???????? ????????
,
Spanish
:
Peseta saharaui
) is the
de jure
currency of the
partially
recognized
Sahrawi Arab Democratic Republic
. It is divided in 100 centimos, although coins with this denomination have never been minted, nor have banknotes been printed.
The first Sahrawi pesetas were minted in 1990,
[1]
but they were not adopted as the national coin of Western Sahara until 1997. As this territory is mostly controlled by Morocco, the circulating currency in that part of the country is the
Moroccan dirham
, with
Algerian dinars
and
Mauritanian ouguiyas
circulating alongside the Sahrawi peseta in the
Sahrawi refugee camps
and the
SADR-controlled part
of Western Sahara.
As it is not an official currency and not circulating, the exchange rate is not realistic. Despite this, the Sahrawi peseta was pegged at par to the
Spanish peseta
[1]
and, when the latter was phased out for the euro, the rate became €1 for 166.386 Pts.
Coins
[
edit
]
Non-commemorative
coins are supposedly designated for circulation. They are made from cupronickel. The denominations are: 1, 2, 5, 10, 50, 100, 200 and 500 pesetas.
Denomination
|
Year
|
Metal
|
Diameter
(mm.)
|
Weight
(gr.)
|
Obverse
|
Reverse
|
Image
|
1 Peseta
|
1992
|
Cu+Ni
|
17.00
|
2.99
|
|
|
|
2 Pesetas
|
1992
|
Cu+Ni
|
20.00
|
3.51
|
|
|
|
5 Pesetas
|
1992
|
Cu+Ni
|
21.00
|
|
|
|
|
50 Pesetas
|
1990
|
Cu+Ni
|
24.40
|
6.4
|
|
|
|
There have also been
commemorative
issues in
copper
,
silver
and
gold
, as some of those shown here:
-
Gold 40,000 pesetas. 15th Anniversary of diplomatic relations with
Venezuela
(1997)
See also
[
edit
]
Notes
[
edit
]
References
[
edit
]
- ^
a
b
San Martin, Pablo (2010).
Western Sahara: The Refugee Nation
. University of Wales Press. p. 193.
ISBN
9781783161188
.
Archived
from the original on 2024-05-16
. Retrieved
2022-07-11
.
The first Saharawi pesetas were coined in 1990, with an equivalence of 1:1 with the Spanish peseta. Although the Saharawi peseta has not been officially recognized, it has already been assigned an ISO 4217 international currency code: EHP.
External links
[
edit
]
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North
| |
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Central
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East
| |
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South
| |
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West
| |
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|
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Circulating
| |
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Defunct
| |
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See also
| |
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