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Austrian Schilling

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Austrian Schilling
The former currency of Austria. It was introduced in 1945 following World War II, replacing the German Reichsmark. Under the Bretton Woods system, the schilling was pegged to a currency basket, and after 1976 was tied to the Deutsche Mark. It ceased circulation in 2002 with the introduction of the euro.


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AUSTRIAN SCHILLING 1924-2001 THE schilling replaced the corona as Austria's currency in 1924 following the break-up of the Austro-Hungarian empire.
The Central Bank of Iraq has begun buying European currencies, including the euro, the German mark, Swiss and French francs, the Dutch florin, the Austrian schilling and the Italian lira.
Drink is pricey for Brits, who suffer as the Austrian Schilling is strong against the pound.
 
 
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