Currency of the Czech Republic: yesterday, today, tomorrow.

The Czech Republic is a small country with a surprisingly rich and rich history, which throughout its existence has played an important role in the political and economic arena of Europe. And along with the course of the history of this state, with its ups and downs, its monetary units also changed.

The first currency of the Czech Republic, which became known to historians - it's dinars. They were in the course of the state in the X-XI centuries. But the small number of mints in Europe and the absence of competition among them gradually led to a significant drop in the quality of the metal from which the dinars were cast. Having lost their quality, they lost most of their solvency, and even changed their name. The new coins, called "braktiats", were very thin and substandard, so they were used only as an internal currency. In other countries of Europe they did not have a walk.

This internal monetary unit was in use until 1300, when the decree of Vaclav II was carried out monetary reform. Its results were the unification of dispersed monetary systems into a nationwide one, the improvement of the quality of coins and their unification, as well as the appearance of Prague pennies. As the new money was of a very high quality, they became the market in all countries of Europe and the new Czech currency brought tangible economic stability to the state.

A little later, pennies were replaced by florins, which were then replaced by ducats. The release of this monetary unit continues in the Czech Republic and to this day, only today it is no longer a valid currency, but souvenir products reminiscent of the history of money.

The famous Maria-Theresa revolutionized the state's money turnover and since 1762 the currency in the Czech Republic has become not metal, but paper. They were called new banknotes "bank procedure" or "bankocetle".

At the beginning of the XIX century, the Czech currency again becomes metal - almost a century in the country paid with a guilder or simply gold. And it was not until the end of the 19th century that the Czech crown, known to everyone, appears on the stage, and it still exists today.

Monetary system and currency of the Czech Republic in the XX century.

The name of the Czech crown has a deeply symbolic character and is not chosen by chance. Speaking the name of its monetary unit, the Czechs simultaneously speak of the symbol of royal power - the crown. Its image is traditional on coins and banknotes of the country for more than one century.

Up until 1993, when Czechoslovakia was divided into two independent states, the Czechoslovak koruna operated on its territory, which, in fact, was no different from the Czech one that existed before. But with the collapse of the economy, both states were forced to create new, their own independent monetary units.

Czechia, without trying to "original", again returned to the good old Czech crown. With this in the design of banknotes were made some changes, they became more vivid and colorful. Since 1993, prominent figures of different epochs have been depicted on the front side of the Czech crown, and on the back of the paper currency are the famous Czech sights, which are huge in the country.

In the middle of the first decade of the XX century, a part of the notes slightly changed the appearance, which is explained solely by security measures and counteraction to counterfeiters. The new currency of the Czech Republic has several degrees of protection and practically can not be counterfeited.

After the creation of the European Union and the appearance of a single currency for all European countries, the kroon, it would seem, should sink into oblivion. But for a variety of political and economic reasons, the Czech Republic managed to avoid currency change. According to preliminary forecasts, the kroon will exist at least until 2014.