Slovak Koruna

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Slovak Koruna

The former currency of Slovakia. It was first issued in 1993 with the separation of Slovakia and the Czech Republic, replacing the Czechoslovakian koruna at par. It was the sole currency of Slovakia until the end of 2008, when the nation adopted the euro.
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References in periodicals archive ?
But they are now seeking to limit their activities in the riskiest countries, especially those outside the European Union, while putting more emphasis on "low-risk" EU members such as the Czech Republic (where local banking regulations discourage risky lending practices) and Slovakia (which is a member of the euro zone and now uses the euro as its currency instead of the Slovak crown).
The Council also adopted the regulation definitively setting the conversion rate of the Slovak crown: one euro will be worth 30.1260 crowns.
In May 1997, a speculative attack against the Slovak crown was led by currency speculators, a few days after they attacked the Czech crown.
Meanwhile, instabilities within Slovakia's ruling coalition have sent new tremors through foreign exchange markets over recent days, pushing down the value of the Slovak Crown. The currency had risen sharply on the strength of government promises to continue reforms this year, mainly in the health and education sectors, but also in the social and tax systems.
19 billion Slovak crowns were in circulation in 2017 amounting to over 72.7 million euros, or two billion crowns.On average, each Slovak citizen still owns three to four Slovak crown bank notes (worth 402 Slovak crowns, or Pound 13.35), the TASR newswire cited the central bank's (NBS) data.
Following this bankruptcy, about 170,000 Slovaks lost their savings, amounting to some 62.78 billion Slovak crowns (more than Pound 2 billion).
The group of friends played initially for loose change, but then Palovic, who was a regular winner, was encouraged to enter a tournament at the Crowne Plaza casino for 3000 Slovak crowns (about 100 euro), significantly more than he had ever considered wagering before.
Magdalena Harcar, 55, gave her 33-year-old son 70,000 Slovak crowns - just over pounds 2000 - so he could seek a new future in the UK.
(44) By June 1944 secret stockpiles in central Slovakia amounted to three months of food, 1.3 million liters of gasoline, and 3.5 billion Slovak crowns. (45) Golian's military plan called for the use of two Slovak Army field divisions in joint operations with the Red Army to hold open the Carpathian passes and allow the Soviets to rush into Slovakia from the east, while the rear army would hold on to central Slovakia until relieved.
Zuzana, 30, an interior designer who has been in London for eight years, paid 1.13 million Slovak crowns for the flat - about pounds 20,000 - and pent a further pounds 2,000 on transforming it into a funky studio hich now generates about pounds 190 a month in rental income.
The station reportedly bought the rights for 13 million Slovak crowns ($275,000).
Churches and religious societies get about 400 million Slovak crowns. They also receive other funds, such as subsidies for editing youth literature, cultural magazines, etc.

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