Slovenian Tolar


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Slovenian Tolar

The former currency of Slovenia. It was introduced in 1991, replacing the Yugoslav dinar. In 2004, the tolar was pegged to the euro, which eventually replaced it in 2007.
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Imported inflation is approximated by the nominal exchange rate of the Slovenian tolar vis-a-vis the euro.
In this scenario, the exchange rate is assumed to be 241 Slovenian tolar per euro in 2006 on average and 245 SIT/EUR from 2007 on.
In nominal terms, the Slovenian tolar depreciates by about 8% until 2010, i.
Notes: BS denotes Bank of Slovenia, IMAD denotes Institute of Macroeconomic Analysis and Development, WIFO denotes (in English) Austrian Institute of Economic Research, SIT denotes Slovenian tolar at current prices, and SITp93 denotes SIT at constant 1993 prices.
640 Slovenian tolars for one euro on 28 June in the context of preparations for Slovenia's scheduled switch to the single European currency on 1 January 2007.

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