Bohemian and Moravian koruna
Encyclopedia
The koruna, known as the Protectorate crown (in Czech
Czech language
Czech is a West Slavic language with about 12 million native speakers; it is the majority language in the Czech Republic and spoken by Czechs worldwide. The language was known as Bohemian in English until the late 19th century...

: Protektorátní koruna), was the currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...

 of the Protectorate of Bohemia and Moravia
Protectorate of Bohemia and Moravia
The Protectorate of Bohemia and Moravia was the majority ethnic-Czech protectorate which Nazi Germany established in the central parts of Bohemia, Moravia and Czech Silesia in what is today the Czech Republic...

 between 1939 and 1945. It was subdivided into 100 haléřů.

History

The Bohemian and Moravian koruna replaced the Czechoslovak koruna
Czechoslovak koruna
The Czechoslovak koruna was the currency of Czechoslovakia from April 10, 1919 to March 14, 1939 and from November 1, 1945 to February 7, 1993...

 at par and was replaced by the reconstituted Czechoslovak koruna, again at par. It was pegged to the Reichsmark
German reichsmark
The Reichsmark was the currency in Germany from 1924 until June 20, 1948. The Reichsmark was subdivided into 100 Reichspfennig.-History:...

 at a rate of 1 Reichsmark = 10 koruna and was initially equal in value to the Slovak koruna
Slovak koruna
In 1993, coins were introduced in denominations of 10, 20 and 50 haliers, 1, 2, 5 and 10 korunas. The 10 and 20 halier coins were taken out of circulation on 31 December 2003....

, although this currency was devalued in 1940.

Coins

In 1940, zinc
Zinc
Zinc , or spelter , is a metallic chemical element; it has the symbol Zn and atomic number 30. It is the first element in group 12 of the periodic table. Zinc is, in some respects, chemically similar to magnesium, because its ion is of similar size and its only common oxidation state is +2...

10, 20 and 50 haléřů coins were introduced, followed by zinc 1 koruna in 1941. The reverse designs were very similar to the earlier Czechoslovak coins.

Banknotes

Czechoslovak banknotes for 1 and 5 korun were stamped (and later printed) with "Protektorat Böhmen und Mähren" over "Protektorát Cechy a Morava," and subsequently issued in Bohemia and Moravia beginning on February 9, 1940. These were followed by regular government issues of 1, 5, 50 and 100 korun in 1940, 10 korun in 1942, and 20 and 50 korun in 1944. Nationalbank Für Böhmen und Mähren in Prag (National Bank for Bohemia and Moravia in Prague) introduced 500 and 100 korun notes in 1942, followed in 1943 by overprinted Czechoslovak 5000 korun notes. In 1944, the National Bank issued regular 5000 korun notes.

External links

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