Yugoslav Krone - History

History

After World War I, Austria-Hungary broke up into many states and its southeastern portion merged with Serbia to form the KSCS. The krone replaced the Austro-Hungarian krone at par on November 12, 1918. It circulated alongside the dinar in Bosnia and Herzegovina, Croatia and Slovenia with an exchange rate of 1 dinar = 4 kronen. The exact date at which the krone ceased to circulate is unclear, with one source indicating that the krone was still in circulation at the end of 1922.

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