Slovak koruna

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Slovak koruna
slovenská koruna (Slovak)
20, 200, 500 korún 1 koruna
20, 200, 500 korún 1 koruna
ISO 4217 Code SKK
User(s) Slovakia
Inflation 2.7%
Source The World Factbook, 2005 est.
ERM
Since 28 November 2005
Replaced by €, cash 1 January 2009 tentative
= 38.4550 Sk
Band 15%
Subunit
1/100 halier
Symbol Sk
halier h
Plural The language(s) of this currency is of the Slavic languages. There is more than one way to construct plural forms. See article.
Coins
Freq. used 50 h, 1 Sk, 2 Sk, 5 Sk, 10 Sk
Rarely used 10h, 20h (to 2003)
Banknotes 20 Sk, 50 Sk, 100 Sk, 200 Sk, 500 Sk, 1000 Sk, 5000 Sk
Central bank National Bank of Slovakia
Website www.nbs.sk

The Slovak koruna or Slovak crown (in Slovak slovenská koruna; "koruna" means crown) has been the currency of Slovakia since February 8, 1993. It replaced the Czechoslovak koruna at par - see there for history. The ISO 4217 code is SKK and the local acronym is Sk. One koruna equals 100 haliers (abbreviated as "hal." or simply "h", in Slovak singular: halier). The acronym is placed behind the numeric value.

In the Slovak language, the basic forms "koruna" and "halier" are used in their genitive forms, i.e. "korún" and "halierov" (only) after most numerals, unless the preposition or other circumstances require another case.

Contents

[edit] WWII koruna

A separate koruna (Slovak: koruna slovenská, note the different word ordering from today's koruna) existed in the WWII Slovak Republic from 1939 to 1945. The WWII Slovak Republic was an ally of Nazi Germany and the present-day Slovakia is not considered the successor state. The Slovak koruna replaced the Czechoslovak koruna at par and was replaced by the reconstituted Czechoslovak koruna, again at par. Its abbreviation was Ks and it comprised 100 h.

[edit] Coins

Coins were available in 5, 10, 20, 50 h, 1, 5, 10, 20, and 50 Ks. Compared to pre-war Czechoslovak koruna, the Slovak koruna coins had an addition of 50 Ks, the silver content of the 10 and 20 Ks coins was reduced from 700 to 500 ‰, and all but 5 Ks shrank in physical sizes.

Designers: Anton Hám, Andrej Peter, Gejza Angyal, Ladislav Majerský and František Štefunko. Coins were minted in the Kremnica Mint.

WWII Issues
Image Value Technical parameters Description Date of
Obverse Reverse Diameter Mass Composition Edge Obverse Reverse first minting issue withdrawal
5 h 14 mm 0.94 g Zinc Smooth Coat of arms, SLOVENSKÁ REPUBLIKA[1], year of minting Indication of value 1942 14 December 1942 31 December 1947
10 h 16 mm 1.65 g Brass
92% copper
8% zinc
Smooth Coat of arms, "SLOVENSKÁ REPUBLIKA", year of minting Indication of value, view of Bratislava with the castle and the Danube 1939 20 November 1939 31 December 1947
20 h 18 mm 2.5 g Indication of value, view of the Nitra Castle 1940 15 May 1940 31 July 1943
20 h 18 mm 0.65 g Aluminium Smooth Coat of arms, "SLOVENSKÁ REPUBLIKA", year of minting Indication of value, view of the Nitra Castle 1942 28 November 1942 31 May 1948
50 h 20 mm 3.33 g Cupronickel
80% copper
20% nickel
Indication of value, plough 1940 12 March 1941 29 February 1948
50 h 0.97 g Aluminium Milled 1943 15 September 1943
1 Ks 22 mm 5 g Cupronickel
80% copper
20% nickel
Indication of value 1940 31 December 1940 31 May 1947
5 Ks 27 mm 8 g Nickel Coat of arms, indication of value, year of minting Andrej Hlinka, "ZA BOHA ŽIVOT. ZA NÁROD SLOBODU" 1939 26 July 1939
10 Ks 29 mm 7 g 500‰ silver Smooth Coat of arms, "SLOVENSKÁ REPUBLIKA", year of minting Indication of value, Pribina, "PRIBINA + 861 KNIEŽA SLOVENSKA" 1944 10 August 1944 31 December 1947
20 Ks 31 mm 15 g Milled Coat of arms, "SLOVENSKÁ REPUBLIKA", indication of value Jozef Tiso, "DR. JOZEF TISO - PRVÝ PREZIDENT SLOVENSKEJ REPUBLIKY", date of minting 1939 26 October 1939
20 Ks Coat of arms, "SLOVENSKÁ REPUBLIKA", year of minting Indication of value, Saint Cyril and Methodius 1941 6 October 1941
50 Ks 34 mm 16.5 g 700‰ silver Coat of arms, "SLOVENSKÁ REPUBLIKA", indication of value Jozef Tiso, "VERNÍ SEBE - SVORNE NAPRED", year of minting 1944 13 March 1944
These images are to scale at 2.5 pixels per millimeter, a standard for world coins. For table standards, see the coin specification table.

Source:

  • Biľak, M. - Jízdný, M. (1988). Zberatelský katalóg mincí Československa. Československá Numizmatická Spoločnosť, Pobočka Košice. ISBN ?.

[edit] Banknotes

Banknotes were initially overprinted 100, 500, and 1000 Czechoslovak korunas. And later denominations exists in 5, 10, 20, 50, 100, 500, 1000, and 5000 Ks. Besides Slovak, the denominations was also written in German, Rusyn, and Hungarian on the back of the banknotes.

[edit] Coins

1 Slovak koruna 1996
Coat of arms Madonna with child

The 10 and 20 h coins were taken out of circulation by 31 December 2003. Motifs from the Slovak history are depicted on the reverse sides.

  • 50 h - the Renaissance polygonal tower of Devín Castle
  • 1 Sk - the Gothic wooden sculpture of the Madonna with child (A.D. 1500)
  • 2 Sk - the earthen sculpture of the sitting Venus (4th millennium B.C.)
  • 5 Sk - the reverse of the Celtic coin named Biatec (1st century B.C.)
  • 10 Sk - the bronze cross from the 11th century

[edit] Banknotes

Main motifs on the front side of the banknotes represents important personalities living in the territory of the present Slovakia in various historical eras. On the back side of the banknotes these motifs are completed by depicting places where these personalities lived and were acitive.

[edit] Historical exchange rates

Against euro from 1999 to 2005. As may be seen from the graph, the currency has been strengthening as Slovakia's economy does the same. Currently (November 25, 2006), 1 Euro = 35.699 Sk, and 1 Kč (Czech koruna) = 1.2746 Sk.

Current SKK exchange rates
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[edit] See also

[edit] Notes

  1. ^ Slovak Republic


Crowns
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As a denomination British crown
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