| slovenski tolar (Slovene) | |
|---|---|
| ISO 4217 | |
| Code | SIT |
| Unit | |
| Plural | The language(s) of this currency belong(s) to theSlavic languages. There is more than one way to construct plural forms. |
| Symbol | T |
| Denominations | |
| Subunit | |
| 1⁄100 | stotin |
| Banknotes | 10, 20, 50, 100, 200, 500, 1000, 5000, 10,000 tolarjev |
| Coins | |
| Freq. used | 50 stotinov, 1, 2, 5, 10, 20, 50 tolarjev |
| Rarely used | 10, 20 stotinov |
| Demographics | |
| Date of introduction | 8 October 1991 |
| Replaced | Yugoslav dinar |
| Date of withdrawal | 31 December 2006 (2006-12-31) |
| Replaced by | Euro |
| User(s) | None, previously: Slovenia |
| Issuance | |
| Central bank | Bank of Slovenia |
| Website | www |
| Valuation | |
| Inflation | 0.8% |
| Source | Bank of Slovenia, 2005 |
| Method | Core CPI |
| EU Exchange Rate Mechanism(ERM) | |
| Since | 28 June 2004 |
| Fixed rate since | 11 July 2006 |
| Replaced by euro, non cash | 1 January 2007 |
| Replaced by euro, cash | 14 January 2007 |
| 1 € = | 239.640 tolars |
| Band | 15% |
| This infobox shows the latest status before this currency was rendered obsolete. | |
Thetolar was thecurrency ofSlovenia from 8 October 1991 until the introduction of theeuro on 1 January 2007. It was subdivided into 100stotinov (cents). TheISO 4217 currency code for the Slovenian tolar wasSIT. From October 1991 until June 1992, the acronymSLT was in use.[1]
The nametolar comes fromThaler, and iscognate withdollar. The tolar was introduced on 8 October 1991. It replaced the 1990 (Convertible) version ofYugoslav dinar at parity. On 28 June 2004, the tolar was pegged against the euro in theERM II, the European Union exchange rate mechanism. All recalled banknotes can be exchanged at the central bank for current issue.
On 1 January 2007, the tolar was supplanted by theeuro. Slovenia issuesits own euro coins, like all other nations in theEurozone.
The timescale for conversion from the tolar to the euro operated differently from the first wave ofEuropean Monetary Union (EMU). The permanent euro/tolar conversion rate was finalised on 11 July 2006 at 239.640 tolar per euro. Unlike thefirst wave of EMU, this period was only a day (the conversion rates were fixed on 31 December 1998 and euro non-cash payments were possible from 1 January 1999). Also unlike the first wave of EMU which had a three-year transition period (1999–2001), there was no transition period when non-cash payments could be made in both tolar and euro. The tolar was used for all transactions (cash and non-cash) until 31 December 2006 and the euro was compulsory to use for all payments (cash and non-cash) from 1 January 2007. However, as with the first wave of EMU, cash payments with the tolar could continue until 14 January 2007, but change had to be given in euro.
In 1992, coins were introduced in denominations of 10, 20 and 50 stotinov (10, 20 and 50 stotins), 1 tolar, 2 tolarja and 5 tolarjev (2 and 5 tolars). 10 tolarjev (10 tolars) coins were added in 2000, followed by 20 and 50 tolarjev (20 and 50 tolars) in 2003. The obverse designs all show the denomination, with animals native to Slovenia on the reverses. The coins were designed byMiljenko Licul andZvone Kosovelj and featured reliefs of animals byJanez Boljka.[2]
| Coins of the Slovenian tolar[1] | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Image | Value | Technical parameters | Description | Issued from | Lapse | ||||||
| Diameter (mm) | Thickness (mm) | Mass (g) | Composition | Edge | Obverse | Reverse | |||||
| 10 stotinov | 16.00 | 1.30 | 0.55 | Aluminium: 98% Magnesium: 2% | Smooth | Value; year of issue; Lettering: Republika Slovenija | Olm (Proteus anguinus) | 29 April 1993 | 2017 | ||
| 20 stotinov | 18.00 | 0.70 | Long-eared owl (Asio otus) | ||||||||
| 50 stotinov | 20.00 | 0.85 | Western honey bee (Apis mellifera) | 4 January 1993 | |||||||
| 1 tolar | 22.00 | 1.70 | 4.50 | Copper: 78% Zinc: 20% Nickel: 2% | Reeded | Brown trout (Salmo trutta fario) | |||||
| 2 tolarja | 24.00 | 5.40 | Barn swallow (Hirundo rustica) | ||||||||
| 5 tolarjev | 26.00 | 6.40 | Alpine ibex (Capra ibex) | ||||||||
| 10 tolarjev | 22.00 | 2.00 | 5.75 | Cupronickel: Cu: 75% Ni: 25% | Horse (Equus) | 19 April 2000 | |||||
| 20 tolarjev | 24.00 | 6.85 | White stork (Ciconia ciconia) | 7 July 2003 | |||||||
| 50 tolarjev | 26.00 | 8.00 | Interrupted reeding | Bull (Taurus taurus) | |||||||
| For table standards, see thecoin specification table. | |||||||||||
The first banknotes were provisional payment notes issued on 8 October 1991, in denominations of 1, 2, 5, 10, 50, 100, 200, 500, 1000, and 5000 tolarjev (0.50 and 2000 tolarjev notes were also printed, but never issued; one thousand sets with matching serial numbers were sold for 5,000 tolarjev each beginning on 6 May 2002).[3] These notes all featureTriglav, the tallest mountain in Slovenia, on the front, and thePrince's Stone, honeycomb pattern, andCarniolan honey bee on the back.
In 1992, theBank of Slovenia introduced the following banknotes, all of which feature notable Slovenes. The banknotes were designed byMiljenko Licul and coauthors, with portraits drawn byRudi Španzel. They were printed by the British companyDe La Rue on paper produced inRadeče, Slovenia.[2]
| 1992 Series[2] | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Image | Value | Euro equivalent | Dimensions (mm) | Main colour | Description | Date of | |||
| Obverse | Reverse | first printing | issue | ||||||
| [3] | 10 tolarjev | €0.04 | 120 × 60 | Green | Primož Trubar | Ursuline Church inLjubljana Motif from the New Testament | 15 January 1992 | 27 November 1992 | |
| [4] | 20 tolarjev | €0.08 | 126 × 63 | Orange | Johann Weikhard von Valvasor | Angels fromThe Glory of the Duchy of Carniola by Valvasor Segments of the map of Slovenia | 28 December 1992 | ||
| [5] | 50 tolarjev | €0.21 | 132 × 66 | Violet | Jurij Vega | Solar System Slovenian Academy of Sciences and Arts | 19 March 1993 | ||
| 100 tolarjev | €0.42 | 138 × 69 | Yellow | Rihard Jakopič | The Sun by Jakopič Plan of the former Jakopič Pavilion | 30 September 1992 | |||
| [6]Archived 2015-09-23 at theWayback Machine | 200 tolarjev | €0.83 | 144 × 72 | Brown | Jacobus Gallus | Slovenian Philharmonic Hall Musical notations | 22 February 1993 | ||
| [7] | 500 tolarjev | €2.09 | 150 × 75 | Red | Jože Plečnik | National and University Library of Slovenia | 30 September 1992 | ||
| [8] | 1000 tolarjev | €4.17 | 156 × 78 | Blue green | France Prešeren | Text fromZdravljica by Prešeren | |||
| [9] | 5000 tolarjev | €20.86 | Brown | Ivana Kobilca | National Gallery of Slovenia Robba fountain | 1 June 1993 | 13 December 1993 | ||
| [10] | 10 000 tolarjev | €41.73 | Purple | Ivan Cankar | Chrysanthemum Cankar's handwriting | 28 June 1994 | 15 March 1995 | ||
| For table standards, see thebanknote specification table. | |||||||||
Lower number indicates the tolar has a higher value.
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