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The 5, 10 and 20 kuna notes from this series were withdrawn on 1 April 2007, and the 50, 100 and 200 kuna notes were withdrawn on 1 January 2010, but remain exchangeable at the HNB in Zagreb. [ 22 ] New series of notes with tweaked, but similar designs and improved security features were released in 2001, 2004, 2012 and 2014.
The modern kuna became the official currency of Croatia on 30 May 1994. [12] Coins were in denominations of 1, 2, 5, 10, 20, and 50 lipa. The banknotes were in denominations of 5, 10, 20, 50, 100, 200, 500, and 1000 kuna. [14] The self-proclaimed Serb entity Republic of Serbian Krajina did not use the kuna or the
Zinc coins were issued in denominations of 1 and 2 kuna in 1941. Circulations of the 1 kuna coin were insignificant which made the coin itself extremely rare. [5] One gold coin with two separate designs valued at 500 kuna was minted in 1941. It consisted of 9.95 grams of .900 fine gold, however it never entered circulation. [6]
The euro was introduced as a replacement for the Croatian kuna on 1 January 2023. [4] The kuna and the euro were in dual circulation until 14 January 2023 in order to aid the gradual transition to the euro. Prices are displayed in both currencies since 5 September 2022, and will continue to be until 31 December 2023.
The Croatian Mint (Croatian: Hrvatska kovnica novca), formerly known as the Croatian Monetary Institute [2] (Croatian: Hrvatski novĨarski zavod) is a state-owned enterprise, [3] [4] that produces circulating coinage for Croatia to conduct its trade and commerce, as well as gold and silver medals, commemorative medallions and badges in different metals, and license plates.
Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone.A fixed conversion rate was set at €1 = kn 7.5345 [1]. Croatia's previous currency, the kuna (Croatian for marten), used the euro (and prior to that one of the euro's major predecessors, the German mark or Deutsche Mark) as its main reference since its creation in 1994, and a long-held ...
The Croatian dinar replaced the 1990 version of the Yugoslav dinar at par on 23 December 1991. It was a transitional currency introduced following Croatia's declaration of independence. During its existence, the dinar declined in value by a factor of about 70. On 30 May 1994, the dinar was replaced by the kuna at a rate
This is one of the reasons why the Croatian word for marten, kuna, was the name of the former Croatian currency. [15] A marten is depicted on the obverse of the 1-, 2-, and 5-kuna coins, minted since 1993, and on the reverse of the 25-kuna commemorative coins. [16]