Time Period: 1939-1945

Currency: 1st Slovak Crown


Timeline

  • 04.04.1939
  • Currency law; effective immediately (?)
  • 04.04.1939
  • Start of currency exchange:
    - ??.04.1939: Start of issuance of overprinted Czechoslovak banknotes of 1000, 500, 100 Crowns
    - ??.??.1939: Demonetization of unmarked Czechoslovak banknotes.
    - 26.07.1939: Start of issuance of Slovak coins (beginning with 5 Crowns)
    - 23.10.1939: Start of issuance of Slovak banknotes (10 beginning with Crowns)
    - ??.??.????: Demonetization of the overprinted Czechoslovak banknotes.
  • 03.07.1945
  • Marking (by stickers) of Slovak banknotes of 1000, 500, 100 Crowns after restoration of Czechoslovakia, unmarked banknotes were invalidated on ??.??.1945

Valuation Regimes

  • 1939-1945
  • Fixed rate against German Reichsmark

Rate Arrangements

  • 04.04.1939
  • Fixed
  • German Reichsmark at 1 : 10
  • +13.9%
  • 01.10.1940
  • Fixed
  • German Reichsmark at 0.86 : 10
  • -14.0%


Time Period: 1993-2008

Currency: 2nd Slovak Crown


Timeline

  • 18.11.1992
  • Monetary and Central Bank Act [No. 566]; effective 01.01.1993
  • 01.01.1993
  • First issue of the new currency
  • 05.02.1993
  • Demonetization of the Czechoslovak currency

Valuation Regimes

  • 1993-2008
  • Variable rate

Rate Arrangements

  • 01.01.1993
  • Variable
  • initially: US Dollar at 1 : 28.899
  • ±0.0%


Time Period: 2009-

Timeline

  • 10.07.2007
  • Decision of the European Council [No. 2008/608/EG] to admit Slovakia to the European Monetary Union; effective 01.01.2009
  • 10.07.2007
  • Ordinance of the European Council [No. 694/2008] determines the conversion rate; effective 01.01.2009
  • 01.01.2009
  • First issue of banknotes and coins denominated in Euro at a rate to the Slovak Crown of 1 : 30.126
  • 16.01.2009
  • Demonetization of the banknotes and coins in Slovak Crown


End-year Forex Rates (Units per US Dollar)