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This article deals with the currency of modern Slovakia. For the currency of the WWII Slovak Republic see Slovak crown (WWII).

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.", 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.

Slovak koruna
front back
1 Slovak koruna (1996)

Coins of nominal value 50 haliers, 1, 2, 5 and 10 korunas, and banknotes of value 20, 50, 100, 200, 500, 1000 and 5000 korunas are used, as of 2004.

Coins


The 10 and 20 haliers coins were taken out of circulation by 31 December 2003. Motifs from the Slovak history are depicted on the reverse sides.
  • 50 haliers - the Renaissance polygonal tower of Devín Castle
  • 1 koruna - the Gothic wooden sculpture of the Madonna with child (A.D. 1500)
  • 2 korunas - the earthen sculpture of the sitting Venus (4th millennium B.C.)
  • 5 korunas - the reverse of the Celtic coin named Biatec (1st century B.C.)
  • 10 korunas - the bronze cross from the 11th century

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.

Exchange rates


One euro is about 37.5 korunas and one US dollar is about 30 korunas based on the exchange rate of January 2006. The current exchange rate to various currencies can be found at *.

The koruna entered into the European Exchange Rate Mechanism ERM II on November 25, 2005 at a central rate of 1 euro = 38.4550 SKK.

Future


The Slovak government plans to replace the koruna with the euro by January 1, 2009.

See also


External links


Currencies of Europe | Economy of Slovakia

كرونة سلوفاكية | Corona eslovaca | Koruna slovenská | Slowakische Krone | Corona eslovaca | Couronne slovaque | Corona slovacca | Slowaakse kroon | Korona słowacka | Словацкая крона | Slovenská koruna | Slovaška krona | Slovakian koruna | Slovakisk krona

 

This article is licensed under the GNU Free Documentation License. It uses material from the "Slovak koruna".

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