Economic aid—donor: ODA, $1.3 billion (1995)
Currency: 1 peseta (Pta) = 100 centimos
Exchange rates: pesetas (Ptas) per US$1—143.39 (January 1999),
149.40 (1998), 146.41 (1997), 126.66 (1996), 124.69 (1995), 133.96
(1994)
note: on 1 January 1999, the European Union introduced a common
currency that is now being used by financial institutions in some
member countries at the rate of 0.8597 euros per US$ and a fixed
rate of 166.386 pesetas per euro; the euro will replace the local
currency in consenting countries for all transactions in 2002
Fiscal year: calendar year
Communications
Telephones: 12.6 million (1990 est.)
Telephone system: generally adequate, modern facilities
domestic: NA
international: 22 coaxial submarine cables; satellite earth
stations—2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), NA
Eutelsat, NA Inmarsat, and NA Marecs; tropospheric scatter to
adjacent countries
Radio broadcast stations: AM 190, FM 406 (repeaters 134),
shortwave 0
Radios: 12 million (1992 est.)
Television broadcast stations: 542 (382 network stations, 160 low-power stations, and one US Air Force Europe station) (1997)