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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.
The krone (alternatively crown; German: Krone, Hungarian: korona, Italian: corona, Polish: korona, Slovene: krona, Serbo-Croatian: kruna, Czech: koruna, Slovak: koruna, Romanian: coroană, Ukrainian: корона) was the official currency of Austria-Hungary from 1892 (when it replaced the gulden as part of the adoption of the gold standard) until the dissolution of the empire in 1918.
It was the 1 ⁄ 100 subdivision of the Austro-Hungarian and the Hungarian korona, the pengő, and the forint. The name derives from the German word vier (four). Originally, it was the name of the four-kreuzer coin. The fillér coins introduced in 1946 with the forint were worth 2, 5, 10, 20, and 50 fillér. Due to significant inflation that ...
In Austria-Hungary, Heller was also the term used in the Austrian half of the empire for 1/100 of the Austro-Hungarian krone (the other being fillér in the Hungarian half), the currency from 1892 until after the demise (1918) of the Empire.
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).
The Hungarian korona (Hungarian: magyar korona; korona in English is "crown") was the replacement currency of the Austro-Hungarian Krone/korona amongst the boundaries of the newly created post-World War I Hungary. It suffered a serious inflation and was replaced by the pengő on 1 January 1927.
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In 1892 the Austro-Hungarian gulden was replaced by the krone, with each krone containing 100 ⁄ 328 grams of gold, at a rate of 1 gulden = 2 kronen (gold–silver ratio 18.2). In 1946 the Hungarian forint ( magyar forint ) was reintroduced and remains the official currency in Hungary .