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The modern kuna was introduced on 30 May 1994, starting a period of transition from the Croatian dinar, introduced in 1991, which ended on 31 December 1994. [10] One kuna was equivalent to 1,000 dinars at a fixed exchange rate. The kuna was pegged to the Deutsche Mark from the start.
Kuna banknotes were introduced by the government in 1941, in denominations of 10, 50, 100, 500 and 1000 kuna. These were followed in 1942 by notes for 50 banicas and 1 and 2 kunas. In 1943, the Croatian State Bank introduced 100, 1000 and 5000 kuna notes.
List of all European currencies Country Present currency Currency sign ISO 4217 code Fractional unit Previous currency Albania lek [10]: L ALL qindarke: none Andorra euro [11] ...
The modern kuna became the official currency of Croatia on 30 May 1994. [12] Coins were in denominations of 1, 2, 5, 10, 20, and 50 lipa. The banknotes were in denominations of 5, 10, 20, 50, 100, 200, 500, and 1000 kuna. [14] The self-proclaimed Serb entity Republic of Serbian Krajina did not use the kuna or the
The Croatian dinar replaced the 1990 version of the Yugoslav dinar at par on 23 December 1991. It was a transitional currency introduced following Croatia's declaration of independence. During its existence, the dinar declined in value by a factor of about 70. On 30 May 1994, the dinar was replaced by the kuna at a rate
The euro replaced the Croatian kuna on 1 January 2023. The exchange rate between the euro and kuna had been set on 12 July 2022 at 7.5345 HRK and similar to the previous launch of Slovenia, cash and non-cash transactions were introduced simultaneously on the same day and date the country also entered the Schengen Area.
For the €1 coin, a design with a marten (kuna in Croatian) standing on a branch, an animal after which the Croatian currency at the time was named, by designer Stjepan Pranjković was chosen. For the 10c, 20c and 50c coins, a design with Nikola Tesla , who was born in Smiljan (present-day Croatia, then- Austrian Empire ), by designer Ivan ...
The exchange rate from Croatian kuna to United States dollar was taken from the official site of the Croatian National Bank. [10] Since the takeover by MOL Group in late 2008, the revenue of the INA Group has been gradually decreasing from a record 5.767 billion USD in 2008 to 3.672 billion in 2021 (36.34% decrease).