The monument was installed in 2003, exactly one year after the peseta was officially replaced by the Euro as legal tender in Spain.
The bronze relief prominently features the design of the 500-peseta coin, which was the highest-denomination coin in circulation at the time of the currency shift.
It is specifically designed as a tribute to the historical economic significance of the peseta in daily Spanish life.
The sculpture is a classic example of urban commemorative art aimed at preserving historical markers within modern municipal developments.
The Monumento a La Peseta is a large circular bronze sculpture situated on the promenade of Fuengirola, commemorating the former Spanish currency. Erected in 2003, the monument features a central relief depicting a 500-peseta coin. The sculpture is mounted on a stone base and serves as a symbolic marker of Spain's transition to the Euro. It is located at the intersection of the beach promenade and the urban coastline. The site is a popular pedestrian landmark frequently used as a meeting point by locals and tourists. It remains a permanent fixture of the public art collection in the Málaga province.
From the seaside path looking toward the monument with the Mediterranean Sea as the background.
Visit during the early morning or evening to enjoy the sea breeze, as the promenade area can get very hot during midday in summer.
Combine your visit with a walk along the P.º Marítimo Rey de España, which stretches several kilometers along the coastline.
The area is well-lit at night, making the sculpture an interesting stop during a nocturnal coastal stroll.
Do not expect a large museum or exhibition; it is a standalone outdoor sculpture, so do not plan a long visit around it.
