What currency is used in Slovakia?

In the Czechoslovak federation (prior to 1993) the Czechoslovak Koruna (= 100 halierov / hellers) was used. As the country split in 1993, two new currencies were introduced: Czech Koruna and Slovak Koruna. Both Korunas had initially the same value as the old Czechoslovak Koruna. Due to different economic performances of the two heirs of the federation, the Czech Koruna became about 20-30% more valuable the the Slovak one.

As both countries joined the European Union on 1 May 2004, the march on the road to the common European currency has started. The Euro should replace national currencies at some time in the years 2008-2010.

Nowadays it is already possible to pay with Euro in some shops in Slovak localities near the Austrian border. The exchange rate is usually less favorable than in a bank and you will always get your change in Slovak Korunas.

Most world currencies may be exchanged into Slovak Korunas in the banks for a small fee. You are strongly advised not to deal with moneychangers in the street even though they may be offering you a favourable rate.

To get the approximate value of the Slovak Koruna in EUR, USD, GBP, CHF, CAD, AUD, JPY or any other world's currency, please consult our www.slovensko.com/koruna/ Currency Converter.

A gallery of coins and banknotes of the Slovak Koruna is available.

Slovak Koruna in other languages: