Origin of the Czech koruna.

HISTORY OF CZECHOSLOVAK CURRENCY.

In September 1992, it was already clear that the Czech and Slovak Federal Republic would soon be divided into two separate states. It was necessary to start preparing the Czech Republic's own money immediately. While work on banknote designs had already begun, as it was possible to use the forthcoming proposals for a new system of Czechoslovak money and the results of a competition in which the academic painter Oldřich Kulhánek won, the situation was different for coins. The usual way of announcing a public anonymous competition was not possible due to the short time. Therefore, six proven participants in competitions for Czechoslovak coins were invited to prepare proposals for a koruna coin, the future monetary unit of the Czech Republic. All authors met the required deadline despite the unusually short both. The submitted works were assessed by independent experts, who named the proposal of acad. sculptor Jarmila Truhlíková-Spěváková with a stylized St. Wenceslas crown. Furthermore, they did not suggest that the symbol of the Czech lion without a shield be used on the next circulating coins of the Czech Republic. The Bank Board confirmed the opinion of the experts and requested that the side of the koruna coin be supplemented with the text "KORUNA ČESKÁ". The basis of the system of circulating coins of the Czech Republic was laid.

CONTENT

- Origin of the Czechoslovak currency.
- Monetary stabilization.
- Establishment of the central bank.
- National Bank of Czechoslovakia.
- Gold reserve.
- Economic boom.
- Depression.
- The main activities of banks.
- Development of the national economy.
- Art designs.
- Czech banking system.
- The disintegration of Czechoslovakia.
- German occupation of the Czech lands.
- Currency damage caused by the occupation.
- Preparation of post-war monetary policy.
- Inflation and monetary chaos.
- Organization of monetary relations.
- Socialization of finance.
- February 1948 and central management.
- Directive management of monetary relations.
- Monetary reform of 1953.
- Central plan.
- Isolation.
- Reform efforts.
- "Standardization".
- Economic problems.
- Economic transformation.
- Changes in monetary policy management.
- Development of the koruna exchange rate.
- Development of the banking system.
- Development in 1990-1992.
- Division of the Czechoslovak Socialist Republic.
- Origin of the Czech koruna.
- Monetary policy management.
- International cooperation.