The history of banknotes in Granada is a fascinating journey through the economic and cultural evolution of this Spanish region. From the first paper money to the current euros, Granada has witnessed numerous changes in its monetary system, reflecting the political and social transformations of the country.
Current banknotes in circulation
Today, Grenada, as part of the European Union, uses the euro as its official currency. The banknotes in circulation are the same as in the rest of the Eurozone, with denominations of 5, 10, 20, 50, 50, 100, 200 and 500 euros. These banknotes feature European architectural motifs and advanced security measures, such as holograms and watermarks, to prevent counterfeiting.
Old banknotes of Grenada
Prior to the adoption of the euro, Grenada used the Spanish peseta. During this period, banknotes circulated with designs honoring the city's rich history, such as the 1992 1000 peseta bill showing the Alhambra on its reverse. Another important milestone in Granada's notafilia was the issuance of local banknotes during the Spanish Civil War, when several institutions and municipalities in the province issued their own emergency currency to alleviate cash shortages.
