Currency Exchange Rate in 1799: Spain

Gibraltar, Malaga, Denia, Velon, etc.

Note: This table shows the exchange rate in English Pound Sterling.

Coin	Equivalent	£	Shillings	Pence
Maravedie	-	0	0	28/274
Ochavo	2 Maravedies	0	0	81/256
Quartil	4 Maravedies	0	0	28/64
Rial Velon (Note 1)	34 Maravedies	0	0	2 2/3
Piastre of Exchange (Note 1)	15 Rials	0	3	7
Piastre	512 Maravedics	0	3	7
Pistole of Exchange (Note 1)	60 Rials	0	14	4
Pistole of Exchange	2048 Maravedies	0	14	4
Pistole	70 Rials	0	16	9

Notes:

1. Imaginary money use in accounting, signifying a fictitious piece which did not exist, but was used to represent other pieces.

Source:

Guthrie, William. A New Geographical, Historical, and Commercial Grammar and Present State of the several Kingdoms of the World. Montrose, 1799. P. 1039

Placed on the Napoleon Series: July 2004

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