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At the end of 1991. Croatian Government has
decided to inroduce new currency instead of Yugoslavian DINAR,
common currency of Socialistic Yugoslavia. That was the period after Croatia
proclaimed its independence, and attack of the Yugoslavian
National Army was on its highest level.
New currency has been just temporary,
wartime, so many enthusiastic nationalistic and historic names
for it were rejected by the Croatian National Bank and
currency was at last simply named CROATIAN DINAR. It was
not divided into smaller parts. Also, there were no coins at all, just banknotes which were oftenly printed
in higher values as the inflation was high.
Already in 1993 Croatian National Bank
decided to make a monetary reform in mid-1994. Due to pro-nazi
regime in WWII (NDH) and its monetary system, it was decided new currency will be
named KUNA, divided into 100 BANICA. Very soon
that was rejected, and new currency was named KUNA, divided into 100 LIPA.
Name "kuna", which means marten, was derived from the
earliest history of Croatian people, back in VII century; it was used as natural
money, before any Croatian king has minted real money -
coins. Villagers have been paying taxes in marten's furs until XV and
even XVI century. Even then, marten has been theme on Croatian
early coinage, as well as on NDH (pro-nazi Croatian country in WWII)
probe coins. As kuna (marten) belongs to Fauna, the hundredth
part was choosen from Flora world - "Lipa" is Croatian word
for Lime tree. Competition for coin design won sculptor Kuzma
Kovacic, from Split. His initials KK are incused on every regular
Croatian coin issue. Motives on obverse of Kuna coins belogs to
Fauna, and obverses of Lipa coins shows members of Flora. Probe coins, according to
Croatian National Bank, were made in just few pieces and
destroyed before May, 30th 1994. when KUNA was finally introduced.
Coins were minted in 9 denominations: 1, 2,
5, 10, 20, 50 lipa and 1, 2, 5 kuna. On this page you can
download for free my catalog of coins issued by Republic of Croatia (Croatian National Bank)
in three parts as follows (old version, new in preparation):
CIRCULATION
COINS (.doc format, 3553 kB)
SILVER COMMEMORATIVES (.doc format, 697 kB)
GOLD
COMMEMORATIVES (.doc format, 403 kB)
It contains double-sized
pictures of every coin type, includes data and mintages of all
years (newest data from the Croatian National Bank). All information comprised in this catalog are correct,
which was confirmed by the Croatian National Bank. It will differ
than Krause in some statements because there are some errors that have
entered the catalog were never corrected. |