Currency: Spanish peseta (ESP); euro (EUR)
note: on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in Spain at a fixed rate of 166.386 Spanish pesetas per euro and will replace the local currency for all transactions in 2002
Currency code: ESP; EUR
Exchange rates: euros per US dollar - 1.0659 (January 2001), 1.0854 (2000), 0.9386 (1999); pesetas per US dollar - 149.40 (1998), 146.41 (1997), 126.66 (1996)
Fiscal year: calendar year
Spain Communications
Telephones - main lines in use: 17.336 million (1999)
Telephones - mobile cellular: 8.394 million (1999)
Telephone system: general assessment: generally adequate, modern facilities; teledensity is 44 main lines for each 100 persons
domestic: NA