Fiume Krone
Encyclopedia
The Fiume Krone was introduced in the Free State of Fiume
on 18 April 1919 by the stamping the previous Austro-Hungarian krone
notes by the Italian National Council of Fiume
who effectively exercised power in the City. After the Dannunzian occupation in September 1919, a new series of notes were stamped on behalf of the Istituto di credito del Consiglio Nazionale with a decree dated 6 October 1919. The Fiume Krone was the official currency of the City of Fiume up to 26 September 1920 when, by the decree of the general Amantea commander of the Italian troops in Fiume, the Italian lira
was introduced as the new official currency.
The currency continued to circulate until the annexation of the city to italy in February 1924. The royal decree n 235 of the 24th February 1924 set the final conversion date on April the 30th 1924 at 0.40 Italian lira
for one Corona Fiumana.
or 0.40 Italian lira
. On the black market however, one Corona Fiumana sold for 0.21 lira.
Free State of Fiume
The Free State of Fiume was an independent free state which existed between 1920 and 1924. Its territory of comprised the city of Fiume and rural areas to its north, with a corridor to its west connecting it to Italy.-History:Fiume gained autonomy for the first time in 1719 when it was proclaimed...
on 18 April 1919 by the stamping the previous Austro-Hungarian krone
Austro-Hungarian krone
The Krone or korona was the official currency of the Austro-Hungarian Empire from 1892 until the dissolution of the empire in 1918...
notes by the Italian National Council of Fiume
Italian National Council of Fiume
-Creation:On 16 October 1918 Emperor Charles I of Austria, after Foreign Minister Baron István Burián asked for an armistice based on the Fourteen Points on 14 October, and two days later issued a proclamation that radically changed the nature of the Austrian state...
who effectively exercised power in the City. After the Dannunzian occupation in September 1919, a new series of notes were stamped on behalf of the Istituto di credito del Consiglio Nazionale with a decree dated 6 October 1919. The Fiume Krone was the official currency of the City of Fiume up to 26 September 1920 when, by the decree of the general Amantea commander of the Italian troops in Fiume, the Italian lira
Italian lira
The lira was the currency of Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a “national subunit” of the euro...
was introduced as the new official currency.
The currency continued to circulate until the annexation of the city to italy in February 1924. The royal decree n 235 of the 24th February 1924 set the final conversion date on April the 30th 1924 at 0.40 Italian lira
Italian lira
The lira was the currency of Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a “national subunit” of the euro...
for one Corona Fiumana.
Exchange rates
In November 1919, one Corona Fiumana was worth 3 Serb, Croat and Slovene kroneYugoslav krone
The krone was a short-lived, provisional currency used in parts of the then newly formed Kingdom of Serbs, Croats, and Slovenes which had previously been part of the Austro-Hungarian Empire.-History:...
or 0.40 Italian lira
Italian lira
The lira was the currency of Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a “national subunit” of the euro...
. On the black market however, one Corona Fiumana sold for 0.21 lira.