In the Kingdom of the Serbs, Croats and Slovenes (proclaimed in December 1918) the currency was issued by the National Bank of the Kingdom of the Serbs, Croats and Slovenes.
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Some of the banknotes issued by the National Bank of the Kingdom of the Serbs, Croats and Slovenes
The coins denominated at 5, 10 and 25 para depicted the Croatian coat of arms on the reverse
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In August 1939, the Banovina of Croatia (Banovina Hrvatska) was established by the Decree on the Banovina of Croatia, based on the Cvetković-Maček agreement. An agreement was concluded with the National Bank of the Kingdom of Yugoslavia, providing for the independent issue of currency (the names kuna or banovac were considered), which was to be in circulation in parallel with the Yugoslav dinar. However, these plans never materialised owing to the outbreak of the World War II.
The Glyptotheque in Zagreb hosts two plaster casts of these coins, designed by the Croatian sculptor and one of the greatest medal makers of his time, Ivo Kerdić (1881-1953).
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Plaster casts |
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ISC (1941-1945) |
The means of payment in the Independent State of Croatia (1941-1945) was the kuna, which was divided into 100 banica. However, the coins (sample forgings by Ivo Kerdić) were never released into circulation due to inflation. |
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Obverse and reverse of some banknotes issued by the Croatian State Bank
(issue date 1 September 1943)
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