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Currency.

The Spanish currency is the PESETA.

1.- Coins and Banknotes:

Banknote fractions are 1,000; 2,000; 5,000; and 10,000 pesetas.

Coins fractions are 1; 5; 10; 25; 50; 100; 200; and 500 pesetas.

2.- Currency Exchange:

All bank branch offices offer foreign currency exchange services, as do a considerable number of hotels and many travel agencies. Most hotels and restaurants and many commercial establisments also accept the most popular international credit cards and travelers' cheques.


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FOREIGN EXCHANGE: BANK NOTES ONLY
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Currency:                           Buying      Selling
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1 U.S. DOLLAR:
  $10, $20, $50 and $100 notes      122.20       125.74
  $ 1, $2 and $5 notes              120.76       125.74
1 GERMANY MARK                       82.45        84.97
1 FRANCE MARK                        24.06        24.80
1 U.K. POUND                        186.26       191.96
100 ITALY LIRA                        7.81         8.05
100 BELGIUM & LUXEMBOURG FRANC      401.10       413.37
1 NETHERLANDS GUILDER                73.64        75.90
1 DENMARK KRONE                      21.34        21.99
1 IRELAND POUND                     191.75       197.62
100 PORTUGAL ESCUDO                  79.47        81.90
100 GREECE DRACHMA                   50.30        51.84
1 CANADA DOLLAR                      89.25        91.98
1 SWITZERLAND FRANC                 101.04       104.13
100 JAPAN YEN                       115.37       118.90
1 SWEDEN KRONE                       18.06        18.61
1 NORWAY KRONE                       18.95        19.53
1 FINLAND MARK                       26.74        27.56
1 AUSTRIA SCHILLING                  11.72        12.08
1 U.A.E. DIRHAM                      13.15        14.59
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SOURCE: BANK OF SPAIN
PERIOD: 4 - 10 MARCH, 1996
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Acknowledgments