The Spanish céntimo and the peseta were both units of currency used in Spain during the 19th and 20th centuries, with the peseta being the primary unit of currency and the céntimo representing a fraction of the peseta.
Spanish Peseta:
The peseta was introduced as Spain's official currency in 1868, replacing the real.
It was subdivided into 100 céntimos.
The peseta underwent various changes in value and denominations over its history, including revaluations and devaluations.
The peseta remained Spain's official currency until it was replaced by the euro in 2002, following Spain's adoption of the euro as its official currency.
Spanish Céntimo:
The céntimo was the fractional unit of the peseta, similar to cents in the United States dollar or centimes in the French franc.
There were various denominations of céntimos, including 1 céntimo, 5 céntimos, 10 céntimos, 25 céntimos, and 50 céntimos.
Céntimos were issued in coin form and were used in everyday transactions alongside pesetas.
Like the peseta, the céntimo was replaced by the euro in 2002 when Spain adopted the euro as its official currency.
Together, the peseta and the céntimo formed the monetary system of Spain during the 19th and 20th centuries, facilitating trade, commerce, and everyday transactions. While the peseta served as the primary unit of account, céntimos were used to represent fractions of the peseta in smaller denominations.