Kuna (currency) Website Links For
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Information About

Kuna (currency)





HISTORY



First Kuna, 1941-1945


The Kuna was made the Croatian currency after the Fascist Puppet State of Croatia (NDH) was set up. It was divided into 100 ''banica'' and replaced the Yugoslav Dinar at par. It was replaced by the reconstituted Yugoslavian dinar at a rate of 1 dinar = 40 kuna.


Second Kuna, 1994-


The kuna was introduced in June 1994 after the transitional period following Croatian independence in the 1991 during which the Yugoslav Dinar was replaced with a Croatian Dinar . The exchange rate between dinar and kuna was one thousand to one. One kuna equals 100 Lipa . The Currency Code is HRK. One Euro equals around 7.5 kuna ( As Of 2004 ).

The choice of the name ''kuna'' was controversial, not least among the Serbs in Croatia, as the only entity that had used this currency name before was the fascist puppet state of Croatia during World War II . The Croatian government defended its choice with claims of historical use of marten pelts, while its detractors saw it as a move suggesting Modern Croatia 's continuity with the prior extremist regime. An alternative proposition for the name of the new currency was ''kruna'' (literally Crown ) after the Austro-Hungarian Krone . However, that proposition was challenged on the same basis as the previous, since the kruna was proposed to be divided in 100 banica.

The kuna is handled by the Croatian National Bank and minted by the Croatian Monetary Institute.


CURRENCY IN CIRCULATION



Coins




Banknotes




CURRENT KUNA EXCHANGE RATES

  "http://financeyahoocom/currency/convertamt=1&from=EUR&to=HRK&submit=Convert" class="copylinks" target="_blank">EUR
  "http://financeyahoocom/currency/convertamt=1&from=GBP&to=HRK&submit=Convert" class="copylinks" target="_blank">GBP
  "http://financeyahoocom/currency/convertamt=1&from=NZD&to=HRK&submit=Convert" class="copylinks" target="_blank">JPY