Austria: Coins Issued and Used

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Austria (1945 - )
Information about what currencies were issued by Austria, with lists of coinage, as well as periods when foreign-issued currencies were used.
Currency: Euro, Austria. Used in Austria: (1999 - present)
CurrencyEuro, Austria
PeriodEuro
Used1999 - present
Description

The currency was introduced in non-physical form (traveller's cheques, electronic transfers, banking, etc.) at midnight on 1 January 1999, when the national currencies of participating countries (the eurozone) ceased to exist independently. Their exchange rates were locked at fixed rates against each other. The euro thus became the successor to the European Currency Unit (ECU). The notes and coins for the old currencies, however, continued to be used as legal tender until new euro notes and coins were introduced on 1 January 2002.

The changeover period during which the former currencies' notes and coins were exchanged for those of the euro lasted about two months, until 28 February 2002. The official date on which the national currencies ceased to be legal tender varied from member state to member state. The earliest date was in Germany, where the mark officially ceased to be legal tender on 31 December 2001, though the exchange period lasted for two months more. Even after the old currencies ceased to be legal tender, they continued to be accepted by national central banks for periods ranging from several years to forever (the latter in Austria, Germany, Ireland, Estonia and Latvia for banknotes and coins; also, Belgium, Luxembourg, Slovenia and Slovakia will accept banknotes forever, but not coins). The earliest coins to become non-convertible were the Portuguese escudos, which ceased to have monetary value after 31 December 2002, although banknotes remain exchangeable until 2022.

Unsorted
41 products (1926 - 2022)
Product NameMintage
One Hundred Schilling 1926 63,795
One Hundred Schilling 1927 68,746
One Hundred Schilling 1931 101,935
One Hundred Schilling 1934 9,383
One Hundred Schilling 1936 12,000
Twenty-five Schilling 1936 7,260
One Thousand Schilling 1976 1,800,000
One Thousand Schilling 1995 60,000
Twenty-five Euro 2003 City of Hall in Tyrol 50,000
Twenty-five Euro 2004 Semmering Railway 50,000
Twenty-five Euro 2005 Fifty Years of Television 65,000
Twenty-five Euro 2006 Satellite Navigation 65,000
Twenty-five Euro 2007 Austrian Aviation 65,000
Twenty-five Euro 2008 Fascination Light 65,000
Twenty-five Euro 2009 Year of Astronomy 65,000
Twenty-five Euro 2010 Renewable Energy 65,000
Twenty-five Euro 2011 Robotics 65,000
Twenty-five Euro 2012 Bionics 65,000
Twenty-five Euro 2013 Tunnel Construction 65,000
Twenty-five Euro 2014 Evolution 65,000
Twenty-five Euro 2015 Cosmology 65,000
Twenty-five Euro 2016 Time 65,000
Twenty-five Euro 2017 The Microcosm 65,000
Twenty-five Euro 2018 Anthropocene 65,000
Twenty-five Euro 2019 Artificial Intelligence 65,000
Twenty Euro Silver 2019 Moon Landing 30,000
Three Euro 2019 Spinosaurus 65,000
Three Euro 2019 Otter 50,000
Three Euro 2019 Crayfish 50,000
Twenty-five Euro 2020 Smart Mobility 65,000
Twenty-five Euro 2020 Big Data 65,000
Three Euro 2020 Tyrannosaurus Rex 65,000
Three Euro 2020 Ankylosaurus 65,000
Three Euro 2020 Arambourgiania 65,000
Three Euro 2020 Mosasaurus 65,000
Twenty Euro 2021 The Milky Way 30,000
Twenty Euro 2021 Australia - The Serpent Creator 30,000
Three Euro 2021 Styracosaurus Albertensis 65,000
Three Euro 2021 Deinonychus Antirrhopus 65,000
Three Euro 2021 Therizinosaurus Cheloniformis 65,000
Silver Half Ounce 2022 Language of Flowers - Dandelion 30,000
All about Unsorted
Currency: Austrian Schilling. Used in Austria: (1945 - 2002)
CurrencyAustrian Schilling
PeriodAustrian Schilling
Used1945 - 2002
Description

The Schilling was established in the First Austrian Republic by the Schilling Act (Schillingrechnungsgesetz) of December 20, 1924 at a rate of 1 Schilling to 10,000 Austro-Hungarian Kronen and issued on March 1, 1925. This first Schilling was abolished in the wake of the Anschluss (1938), when it was exchanged at a rate of 2 German Reichsmark to 3 Schilling.

The Schilling was reintroduced after World War II on November 30, 1945 by the Allied Military, who issued paper money (dated 1944) in denominations of 50 Groschen up to 100 Schilling. The exchange rate to the Reichsmark was 1:1, limited to 150 Schilling per person. The Nationalbank also began issuing Schilling notes in 1945 and the first coins were issued in 1946.

With a second "Schilling" law on November 21, 1947, new banknotes were introduced. The earlier notes could be exchanged for new notes at par for the first 150 Schilling and at a rate of 1 new Schilling for 3 old Schilling thereafter. Coins were not affected by this reform. The currency stabilised in the 1950s, with the Schilling being tied to the U.S. dollar at a rate of $1 = 26 Schilling. Following the breakdown of the Bretton Woods system in 1971, the Schilling was initially tied to a basket of currencies and then, in July 1976, the Schilling was coupled to the German mark.

Although the Euro became the official currency of Austria in 1999, euro coins and notes were not introduced until 2002. Old Schilling denominated coins and notes were phased out from circulation because of the introduction of the euro by 28 February of that year. Schilling banknotes and coins which were valid at the time of the introduction of the euro will remain exchangeable for euros at any branch of the Austrian National Bank (Österreichische Nationalbank) indefinitely.

The Schilling was divided into 100 Groschen.

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