History
After World War I, Austria-Hungary broke up into many states and its southeastern portion merged with Serbia to form the KSCS. The krone replaced the Austro-Hungarian krone at par on November 12, 1918. It circulated alongside the dinar in Bosnia and Herzegovina, Croatia and Slovenia with an exchange rate of 1 dinar = 4 kronen. The exact date at which the krone ceased to circulate is unclear, with one source indicating that the krone was still in circulation at the end of 1922.
Read more about this topic: Yugoslav Krone
Famous quotes containing the word history:
“In history as in human life, regret does not bring back a lost moment and a thousand years will not recover something lost in a single hour.”
—Stefan Zweig (18811942)
“English history is all about men liking their fathers, and American history is all about men hating their fathers and trying to burn down everything they ever did.”
—Malcolm Bradbury (b. 1932)
“Let it suffice that in the light of these two facts, namely, that the mind is One, and that nature is its correlative, history is to be read and written.”
—Ralph Waldo Emerson (1803–1882)