The land of 48 dialects

In June 1991, a new state entered the European concert. Slovenia has just proclaimed its independence. The little story of the Republic of Slovenia is on! This central European country, whose capital is Ljubljana, is located at the crossroads of the Germanic, Italian and Slavic worlds. It shares its borders with Italy to the west, Austria to the north, Hungary to the east-northeast, and Croatia to the southeast.

It is still an unknown country for the greatest number ... because the Slovenian nation was constituted gradually during a long history, but sheltered from external glances. Historically, this people with 48 known dialects, is tossed about by successions from different territories, ranging from the Roman Empire through the Kingdom of Hungary, the Republic of Venice, Austria-Hungary and finally Yugoslavia.

It was the First World War that accelerated Slovenian history with the fall of the Austro-Hungarian Empire and the weakening of this region of the Balkans. In October 1918, the kingdom of the Serbs, Croats and Slovenes was formed. This monarchy took the name of Kingdom of Yugoslavia in 1929. During the Second World War, the kingdom was divided between its neighbors, then fell under Russian dependence in 1945 and became a founding member of the Socialist Federal Republic of Yugoslavia. In the first years of its existence, the state was allied with the Eastern bloc, dominated by the Soviet Union, although it did not integrate the Warsaw Pact. In 1961, Yugoslavia became one of the founders of the Non-aligned Movement.

The struggle for independence is underway when frustrations with a federal state deemed inefficient and expensive accumulate. In parallel with the economic crisis that the whole of the socialist bloc is going through in the 1980s, tensions between the Slovenian and Serbian communist parties are heightened. This national sentiment, supported by a strong and stable economy, led to the success of a referendum favorable to autonomy with nearly 89% of the votes. An attempted Yugoslav military intervention could not prevent Slovenia from conquering its independence on June 25, 1991.

The Bank of Slovenia (Banka Slovenije) was established on the same day by the promulgation of the Central Bank Act by the Parliament of the Republic of Slovenia. The official currency, the Slovenian tolar, was introduced on October 8, 1991 to replace the Yugoslav dinar at equal parity. The first issue of 1990-1992 consists of banknotes of 0.50, 1, 2, 5, 10, 50, 100, 200, 500, 1000, 2000 and 5000 tolars. From 1992 to 2005, a second series of banknotes bearing the image of the great figures of the nation was gradually put into circulation ... until Slovenia entered the European Union in 2004. In 2007, the country becomes the first former communist country to join the euro zone.

Slovenia is the 73rd country to join the Numizon catalog, which for the occasion crosses the symbolic bar of 3000 referenced banknotes!


slovenia_10_tolarjev_1992.jpg

Front of 10 tolarjev Type 1992. Dimensions: 120 x 60 mm. Portrait of Primož Trubar on the right.




Our sources

  • "Slovenia": Wikipedia.
  • "Slovenia": Bank Note Museum website.
  • "The Banknote Book: Slovenia" by Owen W. Linzmeyer.
  • "Slovenia" Standard Catalog of World Paper Money, 1368-1960, 12th edition (page 1073).
  • "Slovenia" Standard Catalog of World Paper Money, 1961-present, 17th edition (pages 885 to 890).
  • Photos from the auction archives of Aureo & Calicó, cgb.fr, ebay, Heritage Auctions and Katz.