For The Dinar Or For The Kruna - Who Won, Who Lose?  Cover Image

Za dinar ili za krunu - ko je dobio, a ko izgubio?
For The Dinar Or For The Kruna - Who Won, Who Lose?

Author(s): Ivan M. Becić
Subject(s): History
Published by: Institut za savremenu istoriju, Beograd

Summary/Abstract: Upon its creation, in late 1918, the Kingdom of the Serbs, Croats and Slovenes, had a three different financial and currency systems. Those were of Kingdom of Serbia, Kingdom of Montenegro and Austro-Hungarian Empire. On its territory there was also a huge amount of the occupation currencies, those of the Bulgarianad the Germany. Mutual state anticipated the creation of the mutual currency. But except for the choice of the currency for the new Kingdom, it was necessary to establish the relations between the existing currency, so that it should be used for the exchange. Central issue was the relation and the exchanging rate between the Serbian Dinar and Austro-Hungarian kruna. The accepted solution and rates were matter of the debates and disputesin economical and political circles in Kingdom of SHS (Yugoslavia) and continued until nowadays, almost a century after. This article provides closer look into different economical standpoints and opinions of the time, as well as the political standpoints and financial analyses of the values ofthe two currencies during the period of the exchange.

  • Issue Year: 2013
  • Issue No: 2
  • Page Range: 41-58
  • Page Count: 18
  • Language: Serbian