diff --git a/changes/3.3.0.md b/changes/3.3.0.md
new file mode 100644
index 000000000..eb2887670
--- /dev/null
+++ b/changes/3.3.0.md
@@ -0,0 +1 @@
+ * Change shape of Peseta sign to `P` with crossbar (#451).
\ No newline at end of file
diff --git a/glyphs/autobuild-composite.ptl b/glyphs/autobuild-composite.ptl
index b84297408..0f73499f2 100644
--- a/glyphs/autobuild-composite.ptl
+++ b/glyphs/autobuild-composite.ptl
@@ -858,7 +858,6 @@ glyph-block Autobuild-Ligatures : begin
 		list 0x1F3 { 'd' 'z' }
 		list 0x478 { 'O' 'y' }
 		list 0x479 { 'o' 'y' }
-		list 0x20A7 { 'P' 's' }
 		list 0x20A8 { 'R' 's' }
 		list 0x20AF { 'D' 'rho' }
 		list 0x203c { 'exclam' 'exclam' }
diff --git a/glyphs/letter-latin.ptl b/glyphs/letter-latin.ptl
index 89aafffe8..2e705c30a 100644
--- a/glyphs/letter-latin.ptl
+++ b/glyphs/letter-latin.ptl
@@ -2541,6 +2541,15 @@ glyph-block Letter-Latin-Upper-P : begin
 
 		save 'Phookleft' 0x1A4
 
+	create-glyph 'symbol/currency/pesetaSign' 0x20A7 : glyph-construction
+		set-width Width
+		include MarkSet.capital
+		include : PShape CAP (mul -- 2) (overshoot -- 0)
+		if SLAB : include : RightwardBottomSerif (SB * 2 + HalfStroke * HVContrast) 0 MidJutSide
+		include : Translate (-SB * 0.5) 0
+		define sw : adviceBlackness2 2 4 CAP
+		include : HBar [mix 0 SB 0.5] [mix Width RightSB 0.5] [mix CAP [PBarPosY CAP Stroke PShape.BarPos] 0.5] sw
+
 	create-glyph 'symbol/currency/rubleSign' 0x20BD : glyph-construction
 		include [refer-glyph 'P'] AS_BASE ALSO_METRICS
 		define bar1pos : [PBarPosY CAP Stroke PShape.BarPos] + HalfStroke