Yugoslav krone

The krone was a short-lived, provisional currency used in parts of the then newly formed Kingdom of Serbs, Croats, and Slovenes which had previously been part of the Austro-Hungarian Empire.

History

After World War I, Austria-Hungary broke up into many states and its southeastern portion merged with Serbia to form the KSCS. The krone replaced the Austro-Hungarian krone at par on November 12, 1918. It circulated alongside the Serbian dinar in Bosnia and Herzegovina, Croatia and Slovenia with an exchange rate of 1 dinar = 4 kronen. The exact date at which the krone ceased to circulate is unclear, with one source indicating that the krone was still in circulation at the end of 1922.[1]

Banknotes

The 1919 First Provisional Issue of the Yugoslav krone was (very similar to the Banknotes of the Czechoslovak koruna (1919) issued on 1912 Austro-Hungarian banknotes (with a black validating oval overprint) in 10, 20, 50, 100, and 1,000 Kronen denominations.[2] The 1919 Second Provisional Issue contained the same denominations of 1912 Austro-Hungarian notes, but instead of an oval overprint, adhesive stamps were used for validation.[3] The stamps on 10, 20 and 50 kronen were bilingual (Serbo-Croatian and Slovenian), while stamps on the 100 and 1000 krone notes could be any of the three languages.[3]

A brief 1919 dinar issue (12, 1, and 5 dinara)[3] was replaced by the Ministry of Finance of the KSCS with a 1919 Krone Provisional Issue ("krone on dinar" notes), which were printed as dinar and overprinted with krone[4] at the ratio of 1 dinar = 4 kronen. Denominations issued were 2, 4, 20, 40, 80, 400 and 4000 kronen on 12, 1, 5, 10, 20, 100 and 1000 dinara.[4] Only the 2 kronen on 12 dinar and 4 kronen on 1 dinar had variants without the overprint. It is as yet ambiguous as to whether the overprinted version was issued before or after.

Notes

  1. Cuhaj, 2010, 1252.
  2. 1 2 3 Cuhaj, 2010, p. 1253.
  3. 1 2 Cuhaj, 2010, p. 1254.

References

Currencies of the Former Yugoslavia
territory191819201941194419921994199519981999200220032007territory
 MacedoniaSerbian dinar
(Kingdom of Serbia)
Yugoslav dinar
(Kingdom of Yugoslavia)
Bulgarian levYugoslav dinar
(SFR Yugoslavia 1944-1992,
FR Yugoslavia 1992-1999,
Serbia 1999-2003,
Republika Srpska 1994-1998)
Macedonian denarMacedonia
 Serbia Serbian dinar (Occupied Serbia)  Serbian dinarSerbia
 KosovoAlbanian lek
(Kosovo and Western Macedonia)
German markEuro Kosovo
 MontenegroMontenegrin perper
(Kingdom of Montenegro)
Italian lira
(Occupied Montenegro)
Montenegro
 SloveniaYugoslav krone
(State of Slovenes, Croats and Serbs)
German ReichsmarkSlovenian tolarSlovenia
 Croatia Independent State of Croatia kunaCroatian dinar Croatian kunaCroatia
 Serbian KrajinaKrajina dinar
 Bosnia and Herzegovina Federation of Bosnia and HerzegovinaBosnia and Herzegovina dinar
(Republic of Bosnia and Herzegovina)
Bosnia and Herzegovina convertible markBosnia and Herzegovina
 Republika SrpskaRepublika Srpska dinarYugoslav dinar
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