{{Short description|Currency of Slovakia from 1993 to 2008}} {{for|currency of the 1939–1945 Slovak Republic|Slovak koruna (1939–1945)}} {{Infobox currency | local_name1 = slovenská koruna | local_name_lang1 = sk | image_1 = Web Biatec.jpg | image_title_1 = The 5 korún coin (right) was based on a Celtic coin of Biatec (left). | image_2 = | image_title_2 = 500 Sk | iso_code = SKK | date_of_introduction = 8 February 1993 | date_of_withdrawal = 31 December 2008 | using_countries = None, previously:<br>{{SVK}} | inflation_rate = 3.5%, December 2008 | ERM_since = 28 November 2005 | euro_replace_non_cash = 1 January 2009 | euro_replace_cash = 16 January 2009 | replaced_currency = Czechoslovak koruna | ERM_fixed_rate = 30.1260 Sk<sup>1</sup> | ERM_band = 15% | subunit_ratio_1 = {{frac|1|100}} | subunit_name_1 = halier | symbol = Sk | symbol_subunit_1 = h | plural = koruny (nominative) | used_coins = 10 h, 20 h, 50 h, 1 Sk, 2 Sk, 5 Sk, 10 Sk | used_banknotes = 20 Sk, 50 Sk, 100 Sk, 200 Sk, 500 Sk, 1000 Sk, 5000 Sk | issuing_authority = National Bank of Slovakia | issuing_authority_website = {{URL|www.nbs.sk}} | obsolete = yes | footnotes = <sup>1</sup> The rate has changed twice. See article for details. }} The '''Slovak koruna''' or '''Slovak crown''' ({{langx|sk|slovenská koruna}}, literally meaning ''Slovak crown'') was the currency of Slovakia between 8 February 1993 and 31 December 2008,<ref name=":0">{{Cite web |title=Slovenská mena – Národná banka Slovenska |url=https://nbs.sk/bankovky-a-mince/slovenska-mena/ |access-date=2026-05-29 |language=sk}}</ref> and could be used for cash payment until 16 January 2009. The ISO 4217 code was ''SKK'' and the local abbreviation was ''Sk''.<ref name=":0" /> The koruna was subdivided into 100 ''haliers'' (abbreviated as "hal." or simply "h", singular: ''halier''). The abbreviation is placed after the numeric value.
Slovakia switched its currency from the koruna to the euro on 1 January 2009, at a rate of 30.1260 korunas per euro. Both currencies could still be used for a two-week transitional period until 16 January 2009.
In Slovak, the nouns ''koruna'' and ''halier'' both have two plural forms, following standard declension in Slovak. "Koruny"<ref>[https://web.archive.org/web/20260115002940/https://www.cia.gov/the-world-factbook/countries/slovakia/ CIA - The World Factbook -- Slovakia]. 15 May 2007; accessed 19 May 2007.</ref> and ''haliere'' appear after the numbers 2, 3 and 4 and in generic (uncountable) context, with ''korún'' and ''halierov'' being used after other numbers. The latter forms are genitive.
==Modern koruna== In 1993, the newly independent Slovakia introduced its own koruna, replacing the Czechoslovak koruna at par.
===Coins=== In 1993, coins were introduced in denominations of 10, 20 and 50 haliers, 1, 2, 5 and 10 korunas. The 10 and 20 halier coins were taken out of circulation on 31 December 2003. In 1996 the 50 halier coin was made smaller and instead of aluminium it was made with copper plated steel.
The obverse of the coins feature the coat of arms of Slovakia, with motifs from Slovak history on the reverses. *10 halierov (silver-coloured) – Octagonal wooden belfry from Zemplín (early 19th century) = € 0.0033 *20 halierov (silver-coloured) – the Kriváň peak in the High Tatras = €0.0066 *50 halierov (copper-coloured) – Renaissance polygonal tower of Devín Castle = € 0.0166 *1 koruna (copper-coloured) – Gothic wooden sculpture of the Madonna with child ({{circa}} 1500) = € 0.0332 *2 koruny (silver-coloured) – Earthen sculpture of the sitting Venus of Hradok (4th millennium BC) = € 0.0664 *5 korún (silver-coloured) – Reverse of a Celtic coin of Biatec (1st century BC) = € 0.166 *10 korún (copper-coloured) – Bronze cross (11th century A.D.) = € 0.332
Coins were exchangeable for euros at the National Bank of Slovakia until January 2, 2014.
{|class="wikitable" style="margin:auto; font-size:90%; border-width:1px;" |- ! colspan="12"| Coins of the Slovak koruna (1993)<ref name=":1">{{Cite web |title=Obehové mince – Národná banka Slovenska |url=https://nbs.sk/bankovky-a-mince/slovenska-mena/obehove-mince/ |access-date=2026-05-29 |language=sk}}</ref><br/>{{small|Designer: Drahomír Zobek}}<ref name=":0" /><ref name=":1" /> |- ! rowspan=2 | Image ! rowspan=2 | Value ! colspan=4 | Technical parameters ! colspan=3 | Description ! rowspan=2 | Issued<br/>from |- ! Diameter<br/>(mm) ! Mass<br/>(g) ! colspan=2 | Composition ! Edge ! Obverse ! Reverse |- | 100x100px | 10 h | align=center | 17.00 | align=center | 0.72 | rowspan="3" style="background-color:#dcdcdc;" | | Aluminium: 98%<br/>Magnesium: 2% | Smooth | Kožuchovce<br />church; value | rowspan="8" | Coat of arms;<br />year of issue;<br />lettering:<br />''SLOVENSKÁ<br />REPUBLIKA'' | rowspan=2 | 1993–2003 |- | 100x100px | 20 h | align=center | 19.50 | align=center | 0.95 | Aluminium: 96%<br/>Magnesium: 4% | Reeded |Kriváň; value |- | 100x100px | rowspan=2 | 50 h | align=center | 22.00 | align=center | 1.20 | Aluminium: 98%<br/>Magnesium: 2% | Smooth | rowspan="2" |Devín Castle; value | 1993–1995 |- | 100x100px | align=center | 18.75 | align=center | 2.80 | style="background-color:#e0954f;"| | Copper-plated iron | Interrupted<br/>reeding | 1996–2008 |- | 100x100px | 1 Sk | align=center | 21.00 | align=center | 3.85 | style="background-color:#ffe550;"| | Copper-tin-plated<br/>iron | Reeded |''Madonna and child'';<br/>value | rowspan=4 | 1993–2008 |- | 100x100px | 2 Sk | align=center | 22.50 | align=center | 4.40 | rowspan="2" style="background-color:#dcdcdc;" | | rowspan=2 | Nickel-plated iron | Ornamental |''Venus'' {{small|(Nitriansky Hrádok)}};<br/>value |- | 100x100px | 5 Sk | align=center | 24.75 | align=center | 5.40 | Reeded |Biatec; value |- | 100x100px | 10 Sk | align=center | 26.50 | align=center | 6.60 | style="background-color:#ffe550;"| | Copper: 92%<br/>Aluminium: 6%<br/>Nickel: 2% | Ornamental |Encolpion cross;<br/>value |- |}
===Banknotes=== At midnight on 31 December 1992, the Czech and Slovak Federative Republic bifurcated into the Czech Republic and the Slovak Republic. In 1993, the newly independent Slovakia introduced its own koruna, replacing the Czechoslovak koruna at par. Provisional banknotes were issued in denominations of 20, 50, 100, 500, and 1,000 korún by affixing stamps bearing the coat of arms of Slovakia and the denomination to Czechoslovak banknotes.<ref>{{cite book | last1 = Linzmayer | first1 = Owen | title = The Banknote Book | chapter = Slovakia | publisher = www.BanknoteNews.com | year = 2012 | location = San Francisco, CA | url = http://www.banknotebook.com}}</ref> Later that year Slovakia issued its own set of banknotes. The main motifs on the obverses of the banknotes represent important people living in the territory of the present Slovakia in various historical eras. On the reverses, these motifs are completed by depicting places where these people lived and were active.
{|class="wikitable" style="margin:auto; font-size:90%; border-width:1px;" |- ! colspan=10 | Banknotes of the Slovak koruna (1993–1995)<br/>{{small|Designer: Jozef Bubák}}<ref name=":0" /> |- ! rowspan=2 | Image ! rowspan=2 | Value ! rowspan=2 | Euro<br/>equivalent ! rowspan=2 | Dimensions<br/>(mm) ! rowspan=2 colspan=2 | Main<br/>colour ! colspan=2 | Description ! rowspan=2 | Issued<br/>from ! rowspan=2 | Withdrawn |- ! Obverse ! Reverse |- | | 20 Sk | align=center | €0.66 | align=center | 128 x 65 | style="background:#80C080"| | Green | Prince Pribina | Nitra Castle | 1993–2006 | rowspan=7 | 2009 |- | | 50 Sk | align=center | €1.66 | align=center | 134 x 68 | style="background:#80C0FF;"| | Blue | Saints Cyril and Methodius | Dražovce church;<br/>Glagolitic alphabet | 1993–2005 |- | | 100 Sk | align=center | €3.32 | align=center | 140 x 71 | style="background:#FF8080;"| | Red | ''Madonna''<br/>{{small|(Basilica of St. James)}} | Basilica of St. James and<br/>Old Townhall, Levoča | 1993–2004 |- | | 200 Sk | align=center | €6.64 | align=center | 146 x 74 | style="background:#80E0E0"| | Turquoise | Anton Bernolák | City Tower;<br/>Trnava in 18th century | 1995<br/>1999–2006 |- | | 500 Sk | align=center | €16.60 | align=center | 152 x 77 | style="background:#C0A080;"| | Brown | Ľudovít Štúr | Bratislava Castle;<br/>Michael's Gate | 1993–1996<br/>2003–2006 |- | | 1000 Sk | align=center | €33.19 | align=center | 158 x 80 | style="background:#C080FF"| | Purple | Andrej Hlinka | ''Madonna'' {{small|(Church of St. Šimon and Judah)}},<br/>Liptovské Sliače;<br/>St. Andrew's Church, Ružomberok | 1993–1996<br/>1999–2007 |- | | 5000 Sk | align=center | €165.97 | align=center | 164 x 82 | style="background:#FFC080"| | Orange | Milan Rastislav Štefánik | Stefanik's grave, Bradlo Hill;<br/>Ursa Major | 1995<br/>1999–2003 |}
Slovak banknotes denominated in koruny can be exchanged for euros indefinitely.
===Historical exchange rates=== right|thumb|Historical exchange rates from 1999 The graph shows the value of the euro in korunas from 1999 to December 2008. As may be seen, the currency strengthened as Slovakia's economy did. The koruna joined the ERM II on 28 November 2005 at the rate of € = 38.4550 Sk with a 15% band.<ref>{{cite news | title= Slovak Koruna Included in the ERM II | url= http://www.nbs.sk/PRESS/PR051128.HTM | publisher= National Bank of Slovakia | date=2005-11-28 | access-date=2007-03-17 |archive-url = https://web.archive.org/web/20061002212008/http://www.nbs.sk/PRESS/PR051128.HTM <!-- Bot retrieved archive --> |archive-date = 2006-10-02}}</ref><ref>{{cite web | author= European Commission | url= http://ec.europa.eu/economy_finance/euro/world/euro_world_6_en.htm | title= Exchange Rate Mechanism II (ERM II) | access-date=2007-03-17 }}</ref> On 17 March 2007, this rate was readjusted to 35.4424 Sk with the same band, an 8.5% increase in the value of the koruna.<ref>{{cite news |author1=Radoslav Tomek |author2=Meera Louis |name-list-style=amp | title= Slovakia, EU Raise Koruna's Central Rate After Appreciation | url= https://www.bloomberg.com/apps/news?pid=20601087&sid=aiS3SZQS4WPM&refer=home | publisher= Bloomberg | date=2007-03-17 | access-date=2007-03-17 }}</ref> On the same day, 1 euro traded at 33.959 Sk. The central rate of koruna was then adjusted once more on 28 May 2008 to 33.8545 with no change in the band.<ref>{{cite news |author1=Radoslav Tomek |author2=Meera Louis |name-list-style=amp | title = Slovakia Wins EU Approval to Let Koruna Strengthen | url = https://www.bloomberg.com/apps/news?pid=20601085&sid=a8LKIYWhk98s&refer=europe | publisher= Bloomberg | date=2008-05-28 | access-date=2008-05-29 }}</ref>
==See also== * Slovak koruna (1939–1945) * Czechoslovak koruna * Economy of Slovakia * Slovak euro coins
==Notes== {{Reflist}}
==References== {{refbegin}} *{{numis cite SCWC | date=1991}} *{{numis cite SCWPM | date=1994}} *{{cite book | author=Biľak, M. - Jízdný, M. | title=Zberatelský katalóg mincí Československa | publisher=Československá Numizmatická Spoločnosť, Pobočka Košice | year=1988}} {{refend}}
==External links== *[http://www.ecb.int/euro/changeover/slovakia/html/index.en.html ECB: The euro cash changeover in Slovakia (as of 1 January 2009)] *[https://web.archive.org/web/20081010140946/http://www.nbs.sk/BIATEC/BIA07_08/7_11.PDF], [http://www.nbs.sk/BIATEC/BIA09_08/9_11.PDF]{{dead link|date=May 2018 |bot=InternetArchiveBot |fix-attempted=yes }}, [http://www.nbs.sk/BIATEC/BIA11_08/11_1.PDF]{{dead link|date=May 2018 |bot=InternetArchiveBot |fix-attempted=yes }} (History of the Slovak koruna/crown and its predecessors at the website of the National Bank of Slovakia, parts 1, 2, 3) *[http://www.bis-ans-ende-der-welt.net/Slowakei-B-En.htm The banknotes of Slovakia] {{in lang|en|de}}
{{n-start}} {{n-before|currency=Czechoslovak koruna|ratio=at par|reason=independence}} {{n-currency|location=Slovakia|start=1939|end=1945}} {{n-after|currency=Czechoslovak koruna|ratio=?|reason=restoration of Czechoslovakia}} {{n-before|currency=Czechoslovak koruna|ratio=at par|reason=independence}} {{n-currency|location=Slovakia|start=1993|end=2009}} {{n-after|currency=Euro|ratio=1 EUR = 30.1260 SKK|reason=entry into Eurozone}} {{end}} {{Historical currencies of the Czech Republic and Slovakia|state=collapsed}} {{Crown}} {{Euro topics}} {{Currency signs}} {{Portal bar|Europe|Money|Numismatics|Slovakia}}
Category:Currencies of Europe Category:Currencies replaced by the euro Category:Currencies of Slovakia Category:Modern obsolete currencies Category:Banknotes of Europe Category:Currency symbols Category:Crown (currency)