Slovak koruna

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Slovak koruna slovenská koruna (Slovak)
20, 200, 500 korún 1 koruna
ISO 4217 Code	SKK
User(s)	Slovakia
Inflation	2.0%
Source	National Bank of Slovakia, March 2007
ERM
Since	28 November 2005
Replaced by €, cash	1 January 2009 tentative
€ =	35.4424 Sk1
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 rate has changed. See article for details.

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 1 WWII koruna 1.1 Coins 1.1.1 Remarks 1.2 Banknotes 2 Modern koruna 2.1 Coins 2.2 Banknotes 3 Historical exchange rates 4 See also 5 References

[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 REPUBLIKA1, year of minting	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	Value, view of Bratislava with the castle and the Danube	1939	20 November 1939	31 December 1947
		20 h	18 mm	2.5 g				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	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			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			Value	1940	31 December 1940	31 May 1947
		5 Ks	27 mm	8 g	Nickel		Coat of arms, 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	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", 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	Value, Saint Cyril and Methodius	1941	6 October 1941
		50 Ks	34 mm	16.5 g	700‰ silver		Coat of arms, "SLOVENSKÁ REPUBLIKA", 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.

[edit] Remarks

1. SLOVENSKÁ REPUBLIKA = Slovak Republic

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] Modern koruna

[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.

• 20 Sk - Pribina, the first known Slovak ruler of the Principality of Nitra, located in present-day Slovakia
• 50 Sk - Saints Cyril and Methodius, the first Slav missionaries
• 100 Sk - The Madonna from the Altar of Birth in St. Jacob's Church at Levoča
• 200 Sk - Anton Bernolák, linguist, author of one of the first versions of Slovak litarary language
• 500 Sk - Ľudovít Štúr, outstanding linguist, founder of the current Slovak literary language
• 1000 Sk - Andrej Hlinka, eminent personality, politician in the beginning of the 20th century
• 5000 Sk - Milan Rastislav Štefánik, outstanding diplomat, politician, soldier and astronomer, co-founder of Czechoslovakia.

[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. The Slovak koruna joins the ERM II on 28 November 2005 at the rate of € = 38.4550 Sk with a 15% band.^{[1] [2]} On 17 March 2007, this rate was readjusted to 35.4424 Sk with the same band, an 8.5% increase in the value of the koruna.^[3] On the same day, 1 euro was trades at 33.959 Sk. For the moment, the Slovak government has been content to let the koruna gain value.

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[edit] See also

• Bohemian and Moravian koruna
• Czech koruna
• Czechoslovak koruna
• Slovak euro coins

[edit] References

v • d • e Currencies named crowns or similar
Current	Czech koruna · Danish krone · Estonian kroon · Faroese króna · Icelandic króna · Norwegian krone · Slovak koruna · Swedish krona
Defunct	Austro-Hungarian krone · Bohemian and Moravian koruna · Czechoslovak koruna · Hungarian korona · Slovak koruna (WWII)  · Yugoslav krone
As a denomination	British crown

v • d • e Euro-related topics
Topics	Eurozone · Currencies related to the euro · European Monetary System · European Currency Unit · European Exchange Rate Mechanism · Economic and Monetary Union of the European Union · Stability and Growth Pact · Introduction of the euro · Euro coins · Euro banknotes · Euro sign · Linguistic issues concerning the euro
Coins by country – adopted	Austria · Belgium · Finland · France · Germany · Greece · Ireland · Italy · Luxembourg · Monaco · Netherlands · Portugal · San Marino · Slovenia · Spain · Vatican
Coins by country – future	Bulgaria · Cyprus · Czech Rep. · Estonia · Hungary · Latvia · Lithuania · Malta · Poland · Romania · Slovakia
Coins by country – other	Andorra · Denmark · Sweden ·  UK
Coins by denomination	€0.01 · €0.02 · €0.05 · €0.10 · €0.20 · €0.50 · €1 · €2 · €2 commemorative coins
Pre-euro currencies	Austrian Schilling · Belgian franc · Dutch gulden · Finnish mark · French franc · German Mark  · Greek drachma · Irish pound (punt) · Italian lira · Luxembourgish franc · Monegasque franc · Portuguese escudo · Sammarinese lira · Slovenian tolar · Spanish peseta · Vatican lira
ERM II currencies	Cypriot pound · Danish krone · Estonian kroon · Latvian lats · Lithuanian litas · Maltese lira · Slovak koruna
Other EU currencies	British pound · Bulgarian lev · Czech koruna · Gibraltar pound · Hungarian forint · Polish złoty · Romanian leu · Swedish krona
Note: Denmark and the UK currently opt to maintain their national currencies, the krone and the pound. Sweden has not made any further efforts towards its obligation to join (and withdraw the krona) after the failed referendum in 2003.

v • d • e Currencies of Europe
Eurozone	Euro
Baltic	Estonian kroon · Latvian lats · Lithuanian litas
Northern	Danish krone · Faroese króna · Icelandic króna · Norwegian krone · Swedish krona
British isles	British pound · Guernsey pound  · Jersey pound · Manx pound
Mediterranean	Cypriot pound · Euro · Gibraltar pound · Maltese lira · Turkish new lira
Balkan	Albanian lek · Bosnia and Herzegovina convertible mark · Bulgarian lev · Croatian kuna · Euro · Macedonian denar · Moldovan leu · Romanian leu · Serbian dinar
Central	Czech koruna · Hungarian forint · Polish złoty · Slovak koruna · Swiss franc
Eastern	Belarusian ruble · Kazakhstani tenge · Russian ruble  · Ukrainian hryvnia
Transcaucasia	Armenian dram  · Azerbaijani manat · Georgian lari
Unrecognized Countries	Armenian dram (in Nagorno-Karabakh) · New Turkish lira (in Northern Cyprus) · Russian ruble (in Abkhazia and South Osetia) · Transnistrian ruble