Fiume krone

Fiume krone
Corona Fiumana (in Italian)
Denominations
Symbol Cor., FIUK
Banknotes 1, 2, 10, 20, 25, 50, 100, 200, 1000, 10 000 Cor.
Demographics
User(s) Free State of Fiume
Issuance
Central bank Italian National Council of Fiume
This infobox shows the latest status before this currency was rendered obsolete.

The Fiume krone (Italian: corona Fiumana, abbreviated Cor. or FIUK) was introduced in the Free State of Fiume on 18 April 1919 by the stamping the previous Austro-Hungarian krone notes by the Italian National Council of Fiume who effectively exercised power in the City. After the Dannunzian occupation in September 1919, a new series of notes were stamped on behalf of the Istituto di credito del Consiglio Nazionale with a decree dated 6 October 1919. The Fiume krone was the official currency of the City of Fiume up to 26 September 1920 when, by the decree of the general Amantea commander of the Italian troops in Fiume, the Italian lira was introduced as the new official currency.[1] The currency continued to circulate until the annexation of the city to Italy in February 1924. The royal decree n 235 of 24 February 1924 set the final conversion date on April the 30th 1924 at 0.40 Italian lira for one Corona Fiumana.[2]

Exchange rates

In November 1919, one Corona Fiumana was worth 3 Serb, Croat and Slovene krone or 0.40 Italian lira. On the black market however, one Corona Fiumana sold for 0.21 lira.[3]

References

  1. Julijan Dobrinić, Riječka numizmatika - Riječki novci i novci s riječkim obilježjima 1848.-2002., Muzej grada Rijeke, 2005, pp. 74-79
  2. Giuseppe Sirsen, "Fiume e la numismatica", Fiume, (7) 1984, p. 84.
  3. Radmila Matejčić, KRUNE "CITTA DI FIUME" I PROBLEM VALUTE U RIJECI OD GODINE 1918-1924., Numizmatičke vijesti, 1963. broj 20
Preceded by:
Austro-Hungarian krone
Reason: dissolution of the Austro-Hungarian Empire
Ratio: at par
Note: overstamping of Austro-Hungarian krone
Currency of Fiume
October, 1919 September 1920
Succeeded by:
Italian Lira
Reason: consolidation of currency situation
Ratio: 1 Lira = 2.5 kronen
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