Exploring The True Value Of Austrian Cents

Austrian currency has changed over time. The schilling was the Austrian currency from 1925 to 1938 and from 1945 to 1999, and the circulating currency until 2002. The euro was introduced at a fixed parity of €1 = 13.7603 schilling to replace it. Today, Austrian 1, 2 and 5-cent coins show Alpine flowers representing Austria’s obligations and commitment to the environment: the gentian (1 cent); the edelweiss (2 cent), a traditional symbol of Austrian identity, and the primrose (5 cent). The 10, 20, and 50-cent coins depict architectural works in Vienna.

The Austrian Schilling

The Austrian cent is worth 1/100 of a Euro.

Groschen

In the German-speaking world, the groschen was usually worth 12 pfennigs; many regional (small) groschen e.g. Neugroschen, Groten (plural: Grote) in northern Germany, English: groat, Mariengroschen, Grösch(e)l were worth between 2½ and 10 pfennigs. The later Kreuzer, a coin worth 4 pfennigs arose from the linguistic abbreviation of the small Kreuzgroschen. The groschen was first introduced into the Holy Roman Empire in 1271 by Duke Meinhard II of Tyrol in Merano.

The Austrian schilling was divided into 100 groschen. The schilling was established by the Schilling Act (Schillingrechnungsgesetz) of 20 December 1924, at a rate of one schilling to 10,000 kronen and issued on 1 March 1925. The schilling was a former currency of Austria from 1925 to 1938 and from 1945 to 1999, and the circulating currency until 2002. The euro was introduced at a fixed parity of €1 = 13.7603 schilling to replace it.

The Euro

Austria's currency is the Euro, which was introduced in 2002 at a rate of €1 = 13.7603 schilling. The Austrian schilling was the country's currency from 1925 to 1938, and again from 1945 to 1999.

The Austrian Cent

The Austrian schilling was the country's former currency from 1925 to 1938 and from 1945 to 1999, and the circulating currency until 2002. The schilling was divided into 100 groschen. The euro was introduced at a fixed parity of €1 = 13.7603 schilling to replace it.

The Euro Cent

Austria uses the Euro, which is divided into 100 cents. The 1, 2 and 5-cent coins show Alpine flowers representing Austria’s obligations and commitment to the environment: the gentian (1 cent); the edelweiss (2 cent), a traditional symbol of Austrian identity, and the primrose (5 cent). The 10, 20, and 50-cent coins depict architectural works in Vienna: the spires of St Stephen’s Cathedral (10 cent), the Belvedere Palace (20 cent), and the ‘Sezession’ building in Vienna (50 cent). The €1 coin shows the portrait of Wolfgang Amadeus Mozart, the famous Austrian composer, and his signature.

Prior to the introduction of the Euro, Austria used the Austrian Schilling, which was subdivided into 100 groschen.

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