Spanish Town Reverts Back To The Peseta!


Photo: Wikimedia Commons

The Spanish town of Mugardos has started to accept pesetas again in a bid to revive the region’s economy, according to the BBC.This isn’t a full blown currency switch, however, with shops accepting both the euro and the peseta.

The idea is that many Spaniards still have pesetas lying around, unused, that they would rather spend then go to the bank and turn in. And, according to the BBC, people from outside Mugardos are travelling there to spend their pesetas, boosting the region’s economy.

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(via Alea and Dutch_Book)

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