Ten years ago abandoned the peseta as payment in Spain. What not many people know is that “axarco” is its own currency in the Axarquía area east of Malaga. “Axarco” is derived from the 1400.
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The second-last king of the Moorish kingdom of Granada, known as King El Zagal created their own monetary union in the area today known Axarquía.
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In a biography of Professor Antonio Gamez Burgos who was born in Vélez Malaga and Granada, who died November 6, 2007, you can read about the means of payment “axarco” that Burgos attempted to reinstate the 1988 Burgos was formerly vice president of the provincial government Diputación de Malaga.
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In an agreement with the Spanish central bank, Bank of Spain introduced the following amounts in the notes: 10 axarcos (1000 pesetas 6 Euros), 5 axarcos (3 Euros), an axarco (60 centimos), 5 axarquillos (30 centimos) and an axarquillo (6 centimos).
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And a little later, in March 1989 was born two coins, one axarco, 20 grams of silver (30 Euros) and two “axarquillos” of 3.5 grams of copper (14 Euros).
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But that’s not all merchants in our day receiving “axarco” as payment in Axarquia Spain. But there are business places “axarco” acts as currency.
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Tags: Axarco Axarquia spain own currency, Costa del Sol, King El Zagal Moorish kingdom Granada Spain, Marbella, Marbella apartments, Marbella Townhouses, Marbella villas, Professor Antonio Gamez Burgos Malaga, Property marbella, Spanish central Bank of Spain



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