Basic Country Data:

• Country ISO Code: SK

• Official Language: Slovak

• Language ISO Code: sk

• Current Official Currency: Euro

• Current Currency ISO Code: EUR

1. Euro (EUR) — Current Official Currency

• ISO Code: EUR

• Singular Name: euro

• Plural Name: euros

• Monetary Subdivision: 1 euro = 100 cents

• Subdivision Name Singular: cent

• Subdivision Name Plural: cents

• Initial Production Date: 1999 (electronic), 2002 (physical)

• Initial Circulation Date: January 1, 2009 (in Slovakia)

• Final Production Date: ongoing

• Final Circulation Date: currently in circulation

• Mint: various European mints

• Issuing Bank: European Central Bank (ECB)

• Coin Denominations: 1, 2, 5, 10, 20, 50 cents; 1 and 2 euros

• Banknote Denominations: 5, 10, 20, 50, 100, 200, 500 euros (500 euro note no longer issued since 2019)

• Designs / Symbols:

  • Coins: common European side and national side featuring Slovak symbols such as the double cross on three hills (coat of arms).

  • Banknotes: European architectural motifs (bridges, gates, windows), no real persons depicted.

• Economic Historical Context:

  • Slovakia adopted the euro on January 1, 2009, after meeting convergence criteria and participating in the Exchange Rate Mechanism II since 2005.

  • The Slovak koruna was replaced by the euro at a fixed rate of 30.1260 SKK per 1 euro.

• Relevant Legislation: European Union treaties, ECB regulations, and Slovak national laws.

• Issuing Authority: European Central Bank, coordinated with the National Bank of Slovakia.

• Signatories on Banknotes: President and Vice-President of the ECB.

• Persons or Symbols Honored: Slovak national and cultural symbols, no real persons.

• Curiosities:

  • The Slovak koruna was used from 1993 to 2008, with coins and banknotes designed by local artists including graphic designer Jozef Bubák.

  • The koruna was part of the tradition of “crown” currencies in Central Europe.

2. Slovak koruna (SKK) — Former Official Currency (1993–2008)

• ISO Code: SKK

• Singular Name: koruna

• Plural Name: koruny

• Monetary Subdivision: 1 koruna = 100 halierov

• Subdivision Name Singular: halier

• Subdivision Name Plural: halierov

• Initial Production Date: February 8, 1993

• Final Production Date: 2008

• Initial Circulation Date: February 8, 1993

• Final Circulation Date: December 31, 2008

• Mint: Kremnica Mint

• Issuing Bank: National Bank of Slovakia

• Coin Denominations: 10, 20, 50 halierov; 1, 2, 5, 10 koruny

• Banknote Denominations: 20, 50, 100, 200, 500, 1000, 5000 koruny

• Designs / Symbols:

  • Coins and banknotes featured Slovak national and cultural symbols including the national coat of arms.

• Economic Historical Context:

  • Introduced after the dissolution of Czechoslovakia, with monetary separation in February 1993.

  • Participated in Exchange Rate Mechanism II from 2005, with a fixed exchange rate to the euro.

• Current Circulation Status: out of circulation since 2009, exchangeable at the National Bank of Slovakia.

This report provides a complete financial history of Slovakia, highlighting the transition from the Slovak koruna to the euro in 2009, its characteristics, historical context, and current use.