<P> The political turbulence of the early twentieth century (especially during the years after the World War I) caused the monetary union to break up, although it was not until 1927 that it officially ended . </P> <P> In 1959, Spain became part of the Bretton Woods System, pegging the peseta at a value of 60 pesetas = 1 U.S. dollar . In 1967, the peseta followed the devaluation of the British pound, maintaining the exchange rate of 168 pesetas = 1 pound and establishing a new rate of 70 pesetas = 1 U.S. dollar . </P> <P> The peseta was replaced by the euro in 2002, following the establishment of the euro in 1999 . The exchange rate was 1 euro = 166.386 pesetas . </P> <P> At least 1252--1284 there was a 1 obolo brass coin--plated with silver--stamped . Colnect shows even a first 1 Maravedí - coin made of copper having been edited since 1454 . The bigger silver coin 1 Real came out 1786 . The latter two currency units were used until the Peseta came in 1869 . </P>

When did spain change their currency to the euro