|Currency Name||Austrian Schilling, First Republic|
|System||1 Schilling = 100 Groschen|
The Schilling was established 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. The 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 divided into 100 Groschen.