The end of Czechoslovak Currency

1-kcs-1967-avers 1993, fifteen years ago is the date, when the Czechoslovakia divided. Forty thousands people worked at the time on introduction of two new currencies – Czech and Slovak Crown.

8th February 1993 is the date when the new currencies started to work, at that time the currency KCS (Czechoslovak Crown, not to be confused with KSC, which was the Communist Party of Czechoslovakia) gained revenue Czech/Slovak stamps, the new designs were introduced later.

It was necessary to stamp 45 millions 1000, 500 and 100 banknotes, worth 21 billions CZK. Ever since, there are CZK and SK currencies.

The Slovak Republic converts to Euro in 2009, the Czech Republic converts in 2012 or later.

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