Austria 20 Schilling

$1.40

Do you have a Austria 20 Schilling Banknote? Here’s how to exchange it with us.

 

  • Tell us how many 20 Austrian Schilling you want to exchange
  • Click on the ‘Add to Cart’ button.
  • This will add the exchange value to your online wallet.
Repeat these steps for all banknotes, coins, stamps, and gift cards you want to exchange. Complete the checkout process and get paid within a week or less.
You get: $1.40
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Description

The schilling was the official currency of Austria from 1925 to 1938 and from 1945 to 1999. The official currency symbol: S or öS. The first schilling was established in 1924, after the pronouncement of the Schilling Act. The following year the Oesterreichische Nationalbank issued notes in denominations of 1, 5, 10, 20, 100 and 1,000 schilling. The second series of banknotes was introduced between 1927 and 1929, with denominations of 5, 10, 20, 50 and 100 schilling.

Then in the wake of Germany’s annexation of Austria in 1938, the schilling was abolished. After World War II, Allied Military reintroduced the schilling in 1945. Banknotes in denominations of 50 groschen, 2, 5, 10, 20, 25, 50, 100, and 1000 schilling were emitted. The same year, the National Bank began issuing schilling notes, followed by coins in the next year. In addition, a new schilling law was announced in 1947 that introduced new banknotes. In denominations of 5, 10, 20, 50, 100 and 1,000 schilling. The first 500 schilling banknote was issued in 1957, and coins replaced the 5 and 10 schilling notes. In 1980, the 20 schilling note was replaced by coins. However, the 20 schilling note continued to be produced. The 5,000 schilling notes were added in 1988.

Because of the collapse of the Bretton Woods system (Bretton Woods Agreement of 1944: established the rules for trade and financial relations between the United States, Canada, Western European countries, Australia, and Japan) in 1971, the shilling had tied to a series of different currencies, a situation that ended in 1976, when it was tied to the German mark.

The euro became the official currency of Austria in 1999; however, the euro coins and notes were not introduced until 2002. Old shilling coins and banknotes were gradually withdrawn from circulation; those valid during the introduction of the euro can be exchanged for euros at any branch of the Oesterreichische Nationalbank indefinitely.

The 20 Austrian schilling note front design features the portrait of Moritz Michael Daffinger (1790 – 1849), was an Austrian miniature painter and sculptor, followed by the sketch of a palette of paints and a brush. The design is completed with a stylized design of the National Coat of Arms.

The reverse of the note illustrates the Albertina museum located in Vienna (Capital city). The lettering of the note is presented in the German language. This note is part of the 1986 series, and its color is dark brown and brown on a multicolor underprint.

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