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In Hungary the Austro-Hungarian currency was overstamped and then replaced by the Hungarian korona at par. The Hungarian korona was devalued by hyperinflation, due to the consequences of World War I and the Treaty of Trianon. It was replaced by the pengő on 21 January 1927, at a rate of 12,500 korona to 1 pengő.
Coins of Austria. The Austrian coins were minted in Vienna, and came in face values of 1, 2, 10, and 20 heller; and 1, 2, 5, 10, 20, and 100 kronen. The Austrian 100-krone coin is still being minted, with a 1915 mint mark to enable Austrians to take advantage of a grandfather clause in the law regarding private ownership of gold bullion.
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Paper money of the Austro-Hungarian krone appeared in the beginning of the 20th century - almost ten years after the coins were introduced. All banknotes were bilingual (German and Hungarian), and the value was indicated in eight other languages (Czech, Polish, Croatian, Slovene, Serbian, Italian, Ruthenen (Ukrainian) [Notes 1] and Romanian).
Jan 22, 2020 · The Austro-Hungarian Krone was used from 1892 to 1918, when World War I resulted in the dissolution of Austria-Hungary. Hungary created a new Hungarian Korona but in the war’s aftermath severe inflation forced Hungary in 1927 to convert the Korona to the Pengő at a ratio of 12,500 to 1.
Contents 1Name 2History 2.1Introduction 2.2First World War 2.3After 1918 2.3.1Austria 3Over-stamped Austro-Hungarian krone 3.1Croatia, Slovenia and Bosnia and Herzegovina 3.2Czechoslovakia 3.3Fiume 3.4Hungary 3.5Romani...
Jan 26, 2021 · Last updated January 26, 2021 • a couple of secs From Wikipedia, The Free Encyclopedia. Austro-Hungarian krone paper money appeared in the beginning of the 20th century - almost ten years after the coins were introduced. All banknotes were bilingual (German and Hungarian), and the value was indicated in eight other languages (Czech, Polish ...
The Krone or korona (German: Österreichisch-ungarische Krone, Hungarian: osztrák-magyar korona, Czech: rakousko-uherská koruna, Slovak: rakúsko-uhorská koruna) was the official currency of the Austro-Hungarian Empire from 1892 (when it replaced the gulden, forint, florén or zlatka as part of the adoption of the gold standard) until the dissolution of the empire in 1918.
