Slovenian tolar

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Tolar
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Image:1talleroslovenia1994front.jpg	Image:1talleroslovenia1994back.jpg
1 tolar coin (1994)

The tolar is the currency of Slovenia. It is divided into 100 stotins. The ISO 4217 currency code for the Slovenian tolar is SIT. The name tolar comes from Thaler.

1 History
2 Future
3 Coins
4 Banknotes
5 Historical exchange rates
6 Current SIT exchange rates
7 External links

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History

The tolar was introduced in October 1991. It replaced the Yugoslav dinar at par. On 28 June 2004 the tolar was pegged against the euro in the ERM II [1], the EU's exchange rate mechanism. The first banknotes were provisional payment notes issued on 8 November 1991 and had a bee on the obverse and a mountain - Triglav, at 2864m the highest mountain in Slovenia - on the reverse, these notes ceased to be issued when the current banknotes were released in 1992. All recalled banknotes can be exchanged at the central bank for current issue.

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Future

On January 1, 2007, the tolar is expected to be replaced with the euro; Slovenia will mint its own euro coins, like all other nations in the Eurozone.

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Coins

The following coins are minted [2]. Typical animals are represented on the obverse side.

10 stotins - olm (Proteus anguinus)
20 stotins - long-eared owl (Asio otus)
50 stotins - western honeybee (Apis mellifera)
1 tolar - brown trout (Salmo trutta fario)
2 tolars - barn swallow (Hirundo rustica)
5 tolars - steinbock (Capra ibex)
10 tolars - horse (Equus)
20 tolars - white stork (Ciconia ciconia)
50 tolars - bull (Taurus taurus)

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Banknotes

The following banknotes are printed [3]. All of them feature important Slovenians.

10 tolars - Primož Trubar, author of the first book in Slovenian language
20 tolars - Janez Vajkard Valvasor, polyhistor
50 tolars - Jurij Vega, mathematician
100 tolars - Rihard Jakopič, Impressionist painter
200 tolars - Jacobus Gallus, Renaissance composer
500 tolars - Jože Plečnik, architect
1,000 tolars - France Prešeren, poet
5,000 tolars - Ivana Kobilca, artist
10,000 tolars - Ivan Cankar, writer and dramatist

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Historical exchange rates

Lower number indicates the tolar has a higher value.

SIT per USD – 193.0 (April 2006); 198.0 (June 2005); 201.3 (November 2003); 195.06 (January 2000); 181.77 (1999); 166.13 (1998); 159.69 (1997); 135.36 (1996); 118.52 (1995).
SIT per EUR – 233.0 (April 2006); 239.5 (June 2005); 235.7 (November 2003); 227.3 (June 2002).

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