Austrian schilling (euro)
- Monetary unit:
- the Country code:
- Austria, Republic
- of 32 377 sq. km
- a German (state)
- AT (AUT) 040
The Austrian Republic is an exhibiting country the European Union . Monetary unit - euro - to equal 100 eurocents.
Till January, 1st, 2002 Austrian schillings - to equal 100 groschens were cash token moneys of Austria. A nominal number of the native currency of Austria has been presented by notes of denomination of 20, 50, 100, 500, 1000 and 5000 shillings.
Since August 1898 till the end of 1924 monetary unit of Austria was the krone equal to 100 haliers. In circulation there were notes of Austro-Hungarian bank.
As a result of the First World War and the inflation called by it the Austrian krone has sharply depreciated. In December, 1923 in Austria the new monetary unit - shilling has been entered. Old token moneys interchanged on 10000 crowns new on a parity for 1 shilling. In 1931 gradual depreciation of shilling has begun; in October currency exchange regulation has been entered.
As a result of Anschluss and occupation of Austria by fascist Germany in March, 1938 shillings have been withdrawn from circulation and to the middle of May, 1938 interchanged on the German reichsmarks on a parity 1 reichsmark = 1,5 shillings.
In 1945 in the free Austria token moneys of Allied military command in shillings on a parity 1 rbl. = 2 shillings and 1 dollars = 10 shillings have been released. In December, 1945 issuance of bank notes of the Austrian national bank in the shillings which have replaced token moneys of Allied military command has been carried out.
Since March, 19th, 1973 official limits of course changes of shilling have been cancelled, and it became freely fluctuating.
Notes were in circulation in Austria before transferring to euro have been manufactured in a series of 1983. And only in 1997 two denominations, 500 and 100 shillings, have been updated. On face side of the note of 500 shillings Rozy Majreder portrait (1858-1938) - the Austrian writer, the artist, the musician and the feminist is represented. On the back - a photo of congress of the Union of the Austrian women (Vienna, 1911).
The Face side of a denomination of 1000 Austrian schillings bears Charles Landshtejnera's plotting (1868-1943) - the Austrian biologist and the doctor who has found out a virus of a poliomyelitis, turnaround - Charles Landshtejner in university laboratory.
It is updated 05.2012