Slovak koruna facts for kids
Quick facts for kids Slovak koruna |
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|---|---|---|---|
| slovenská koruna (Slovak) | |||
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| ISO 4217 Code | SKK | ||
| User(s) | None, previously: Slovakia |
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| Inflation | 3.5%, December 2008 | ||
| ERM | |||
| Since | 28 November 2005 | ||
| Replaced by €, cash | 1 January 2009 (cash payments possible until 16 January 2009) | ||
| € = | 30.1260 Sk1 | ||
| Band | 15% | ||
| Subunit | |||
| 1/100 | halier | ||
| Symbol | Sk | ||
| halier | h | ||
| Plural | The language(s) of this currency belong(s) to the Slavic languages. There is more than one way to construct plural forms. See article. | ||
| Coins | 50 h, 1 Sk, 2 Sk, 5 Sk, 10 Sk | ||
| Banknotes | 20 Sk, 50 Sk, 100 Sk, 200 Sk, 500 Sk, 1000 Sk, 5000 Sk | ||
| This infobox shows the latest status before this currency was rendered obsolete. | |||
| 1 The rate has changed twice. See article for details. | |||
The Slovak Koruna (pronounced "koh-ROO-nah") was the official money of Slovakia. Its name in Slovak is Slovenská koruna, and "koruna" means "crown."
This currency was used in Slovakia starting from February 8, 1993. It took the place of the Czechoslovak Crown. It's important not to mix it up with an older Slovak koruna used during World War II.
The special code for the Slovak Koruna was SKK. Its symbol was Sk. One Koruna was made up of 100 smaller units called hellers (written as "hal." or "h"). The symbol "Sk" was always placed after the amount, for example, "10 Sk".
The Slovak Koruna came in different values. Coins were 50 hellers, 1 Sk, 2 Sk, 5 Sk, and 10 Sk. Banknotes (paper money) were 20 Sk, 50 Sk, 100 Sk, 200 Sk, 500 Sk, 1000 Sk, and 5000 Sk. Smaller coins like 10 hellers and 20 hellers were stopped being used on December 31, 2003.
Slovakia stopped using the Koruna and switched to the Euro on January 1, 2009. So, the Slovak Koruna is no longer used today.
Why Slovakia Created Its Own Money
In 1993, Slovakia became an independent country. Before that, it was part of Czechoslovakia. When it became separate, Slovakia decided to create its own money, the Slovak Koruna. It replaced the old Czechoslovak Koruna at the same value.
Coins of the Slovak Koruna
When the Slovak Koruna was first made in 1993, there were coins for 10, 20, and 50 hellers, and for 1, 2, 5, and 10 korunas.
The 10- and 20-heller coins were removed from use on December 31, 2003. In 1996, the 50-heller coin was made smaller. It also changed from being made of aluminum to copper-plated steel.
Each coin had the coat of arms of Slovakia on one side. The other side showed different pictures related to Slovak history.
- 10 hellers: This silver-colored coin showed an old wooden bell tower from the Zemplín area.
- 20 hellers: This silver-colored coin featured the Kriváň mountain peak in the High Tatras.
- 50 hellers: This copper-colored coin had a picture of a Renaissance tower from Devín Castle.
- 1 koruna: This copper-colored coin showed a Gothic wooden sculpture of the Madonna with a child.
- 2 koruny: This silver-colored coin displayed an ancient clay statue called the Venus of Hradok.
- 5 korún: This silver-colored coin featured the back side of an old Celtic coin from a leader named Biatec.
- 10 korún: This copper-colored coin showed a bronze cross from the 11th century.
You could exchange these coins for Euros at the National Bank of Slovakia until January 2, 2014.
Images for kids
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10 hellers coin
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20 hellers coin
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50 hellers coin (1993 version)
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50 hellers coin (1996 version)
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1 koruna coin
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2 koruny coin
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5 korún coin
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10 korún coin
