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The use of marten pelts, fox pelts and silk as means of paying tribute have been recorded in Dalmatian city-states in a 1018 document in the Republic of Venice. [4] An Arabic travel writer Abu Hamid al-Gharnati recorded in 1154 that a "land of Slavs" near the Danube used actual marten pelts embroidered with royal markings as currency, but did not specify the exact extent of the territory ...
The idea of a kuna currency reappeared in 1939 when the Banovina of Croatia, an autonomous province established within the Kingdom of Yugoslavia, planned to issue its own money, along with the Yugoslav dinar. [6] [7] In 1941, when the Ustaše regime formed the Independent State of Croatia, they used the kuna as its currency. [6]
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 of 1 kuna = 1000 dinara. The currency was not used in the occupied territories comprising the Republic of Serbian Krajina.
Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone.A fixed conversion rate was set at €1 = kn 7.5345 [1]. Croatia's previous currency, the kuna (Croatian for marten), used the euro (and prior to that one of the euro's major predecessors, the German mark or Deutsche Mark) as its main reference since its creation in 1994, and a long-held ...
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 ...
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
Croatian dinar (Croatian currency until 1994) Croatian kuna and lipa (Croatian currency since 1994) Independent State of Croatia kuna, a former Croatian currency used during World War II; Frizatik, a medieval Croatian currency
The language(s) of this currency belong(s) to the Slavic languages. There is more than one way to construct plural forms. Symbol: Kn Denominations; Subunit 1 ⁄ 100: banica: Banknotes: 50 banica, 1, 2, 10, 20, 50, 100, 500, 1000, 5000 kuna: Coins: 1, 2 kuna: Demographics; Date of introduction: 26 July 1941: User(s) Independent State of ...