Tolar
| Tolar October 8, 1991 to January 14, 2007 |
|
|---|---|
| Country: |
 Slovenia
|
| Subdivision: | 100 Stotinov |
| ISO 4217 code : | SIT |
| Abbreviation: | SIT |
|
Exchange rate : (fixed) |
1 EUR = 239.640 SIT |
| Issuer : | Banka Slovenije |
The tolar ( SIT ) was the Slovenian currency that Banka Slovenije issued from the independence of the state of Slovenia in 1991 until the currency was replaced by the euro on January 1, 2007. One tolar was equal to 100 stotinov . The name Tolar is derived from Taler .
Bills and Coins
The banknotes were divided into 10, 20, 50, 100, 200, 500, 1,000, 5,000 and 10,000 SIT. Famous personalities from Slovenian politics, history and society were depicted on them, such as Primož Trubar , Jurij Vega , Jože Plečnik , Rihard Jakopič , Iacobus Gallus , Ivan Cankar , Johann Weichard Freiherr von Valvasor , Franz Prešeren and Ivana Kobilca .
There were coins to the denominations of 10, 20, 50 stotin and 1, 2, 5, 10, 20 and 50 SIT. Special animals from the Slovenian fauna were depicted on the head.
History of currency
introduction
The tolar was introduced on October 8, 1991, immediately after the expiry of the Brioni Agreement , which suspended Slovenia's declaration of independence on June 25, 1991 for three months. A 1: 1 exchange rate for the Yugoslav dinar in force up to that point was set.
Transition to the euro
Slovenia joined the EU on May 1, 2004 . On June 27, 2004, Estonia and Lithuania joined the Exchange Rate Mechanism II .
On March 8, 2006, Slovenia became the first of the countries that acceded on May 1, 2004 to submit an official application to introduce the euro on January 1, 2007. On May 16, 2006, the European Commission recommended admitting Slovenia to the Eurozone, followed by an identical recommendation by the European Parliament on June 15, 2006 . The EU summit on the same day also gave the green light for this. The formally final decision on admission in 2007 was taken by the Ecofin Council on July 11, 2006.
As a result, the euro has been the official currency in Slovenia since January 1, 2007, with a fixed exchange rate of 239.640 tolar for one euro.
See also
Web links
- Slovenian Tolar on the website of the National Bank of Slovenia. Retrieved April 8, 2018
- Catalog and gallery of banknotes Slovenia
- Historic banknotes from Slovenia
Individual evidence
- ↑ https://www.bis-ans-ende-der-welt.net/Slowenien-B.htm , accessed on November 24, 2019.
Belgian franc | German Mark | Estonian kroon | Finnish mark | French Franc | Greek drachma | Irish pound | Italian lira | Latvian lats | Lithuanian litas | Luxembourg Franc | Maltese lira | Monegasque Franc 1 | Dutch guilder | Austrian Schilling | Portuguese escudo | San Marinese lira 1 | Slovak crown | Slovenian tolar | Spanish peseta | Vatican lira 1 | Cyprus pound
1 Monaco , San Marino and Vatican City are not part of the European Monetary Union , but mint their own euro coins to a limited extent due to bilateral agreements.