Sahrawi Peseta
Encyclopedia
The Sahrawi peseta, is the commemorative currency of the partially unrecognized Sahrawi Arab Democratic Republic
since the Madrid Accords
in 1975. It is divided in 100 céntimos, although coins with this denomination have never been minted, nor have banknotes been printed.
As this territory is mostly controlled by Morocco, the circulating currency in the Western Sahara is the Moroccan dirham
, with Algerian dinar
and Mauritanian ouguiya
circulating in the Sahrawi refugee camps and the city of Lagouira
respectively.
As it is not an official currency and not circulating, the Change Rate is not really realistic. Despite this, since the Madrid Accords, Sahrawi Peseta has been pegged at par to Spanish Peseta
, and when the latter was phased out by the Euro, the rate became 1€ for 166.386 Pts.
There have also been commemorative emissions, as those shown here:
Sahrawi Arab Democratic Republic
The Sahrawi Arab Democratic Republic is a partially recognised state that claims sovereignty over the entire territory of Western Sahara, a former Spanish colony. SADR was proclaimed by the Polisario Front on February 27, 1976, in Bir Lehlu, Western Sahara. The SADR government controls about...
since the Madrid Accords
Madrid Accords
The Madrid Accords, also called Madrid Agreement or Madrid Pact, was a treaty between Spain, Morocco, and Mauritania to end the Spanish presence in the territory of Spanish Sahara, which was until the Madrid Accords' inception a Spanish province and former colony. It was signed in Madrid on...
in 1975. It is divided in 100 céntimos, although coins with this denomination have never been minted, nor have banknotes been printed.
As this territory is mostly controlled by Morocco, the circulating currency in the Western Sahara is the Moroccan dirham
Moroccan dirham
The dirham is the currency of Morocco. The plural form is pronounced darahim, although in French and English "dirhams" is commonly used. Its ISO 4217 code is "MAD". It is subdivided into 100 santimat . The dirham is issued by the Bank Al-Maghrib, the central bank of Morocco...
, with Algerian dinar
Algerian dinar
The dinar is the currency of Algeria and it is subdivided into 100 santeem .-History:The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par.-Coins:...
and Mauritanian ouguiya
Mauritanian ouguiya
The ouguiya , also spelt "ougiya," is the currency of Mauritania. It is the only circulating currency other than the Malagasy ariary whose division units are not based on a power of ten, each ouguiya comprising five khoums .The ouguiya was introduced in 1973, replacing the CFA franc at a rate of 1...
circulating in the Sahrawi refugee camps and the city of Lagouira
Lagouira
La Güera or La Gouera is a town on the Atlantic coast at the southern tip of Western Sahara, on the western side of the Ras Nouadhibou peninsula...
respectively.
As it is not an official currency and not circulating, the Change Rate is not really realistic. Despite this, since the Madrid Accords, Sahrawi Peseta has been pegged at par to Spanish Peseta
Spanish peseta
The peseta was the currency of Spain between 1869 and 2002. Along with the French franc, it was also a de facto currency used in Andorra .- Etymology :...
, and when the latter was phased out by the Euro, the rate became 1€ for 166.386 Pts.
Coins
Non-commemorative coins are supposedly designated for circulation. They are minted by the Polisario Front, and made from cupronickel. The denominations are: 1, 2, 5 and 50 pesetas.| Denomination | Year | Metal | Diameter(mm.) | Weight(gr.) | Obverse | Reverse | Image |
|---|---|---|---|---|---|---|---|
| 1 Peseta | 1992 | Cu+Ni | 17,00 | 2,99 | Bedouin The Bedouin are a part of a predominantly desert-dwelling Arab ethnic group traditionally divided into tribes or clans, known in Arabic as ..-Etymology:... and dromedaryTRANSPORTE TIPICOلنقل التقليديه |
Coat of arms of the Sahrawi Arab Democratic Republic The Coat of arms of the Sahrawi Arab Democratic Republic is a symbol created by the Polisario Front, the national liberation movement of Western Sahara... REPUBLICA ARABE SAHARAUI DEMOCRATICA |
|
| 2 Pesetas | 1992 | Cu+Ni | 20,00 | 3,51 | Bedouin The Bedouin are a part of a predominantly desert-dwelling Arab ethnic group traditionally divided into tribes or clans, known in Arabic as ..-Etymology:... and dromedaryTRANSPORTE TIPICOلنقل التقليديه |
Coat of arms of the Sahrawi Arab Democratic Republic The Coat of arms of the Sahrawi Arab Democratic Republic is a symbol created by the Polisario Front, the national liberation movement of Western Sahara... REPUBLICA ARABE SAHARAUI DEMOCRATICA |
|
| 5 Pesetas | 1992 | Cu+Ni | Bedouin The Bedouin are a part of a predominantly desert-dwelling Arab ethnic group traditionally divided into tribes or clans, known in Arabic as ..-Etymology:... and dromedaryTRANSPORTE TIPICOلنقل التقليديه |
Coat of arms of the Sahrawi Arab Democratic Republic The Coat of arms of the Sahrawi Arab Democratic Republic is a symbol created by the Polisario Front, the national liberation movement of Western Sahara... REPUBLICA ARABE SAHARAUI DEMOCRATICA |
|||
| 50 Pesetas | 1990 | Cu+Ni | Bedouin The Bedouin are a part of a predominantly desert-dwelling Arab ethnic group traditionally divided into tribes or clans, known in Arabic as ..-Etymology:... and dromedaryTRANSPORTE TIPICOلنقل التقليديه |
Coat of arms of the Sahrawi Arab Democratic Republic The Coat of arms of the Sahrawi Arab Democratic Republic is a symbol created by the Polisario Front, the national liberation movement of Western Sahara... REPUBLICA ARABE SAHARAUI DEMOCRATICA |
|||
There have also been commemorative emissions, as those shown here: