Yugoslav krone

From Wikipedia, the free encyclopedia

The krone was a short-lived, provisional currency of the then forming Kingdom of Serbs, Croats, and Slovenes from November 12, 1918 to 1920. After World War I, Austria-Hungary broke up into many states and its southeastern portion merged with Serbia to form KSCS. Initially, the krone was made up of Austro-Hungarian krone banknotes overprinted or overstamped in denominations from 10 kronen to 1000 kronen. The stamps on 10, 20 and 50 kronen were tri-lingual (Serbian, Croatian, and Slovenian), while stamps on the 100 and 1000 krone notes could be any of the three languages.

Later, the Ministry of Finance of the KSCS issued specific "krone on dinar" notes, which were printed as dinar and overprinted with krone at the ratio of 1 dinar = 4 kronen. Denominations were issued from 2 kronen on ½ dinar to 4000 kronen on 1000 dinars. Only 2 kronen on ½ dinar and 4 kronen on 1 dinar had variants without the overprint. It is as yet ambiguous as to whether the overprinted version was issued before or after.

The krone was replaced by the dinar at the rate of 1 dinar = 4 kronen.


Preceded by:
Austro-Hungarian krone
Reason: dissolution of the Austro-Hungarian Empire
Ratio: at par
Note: overstamping of Austro-Hungarian krone
Currency of Kingdom of Serbs, Croats, and Slovenes
November 12, 19181920
Succeeded by:
Yugoslav dinar
Reason: creation of truly independent currency
Ratio: 1 dinar = 4 kronen
Preceded by:
Serbian dinar
Location: Serbia
Reason: creation of KSCS
Preceded by:
Montenegrin perper
Location: Montenegro
Reason: creation of KSCS
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