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On 1st January 1993, the day of the origin of the independent Slovak Republic, the National Bank of Slovakia was established and began to fulfill the roles of the central bank. One of the most urgent tasks was to prepare the new Slovak currency, the Slovak crown, in a very short time. The first banknote, of nominal value fifty crowns, was put into circulation on 30th August 1993, and the banknotes with other face values gradually followed.
All seven Slovak banknotes were designed by the academic painter Jozef Bubak. Their artistic conception is based on a combination of modern and traditional banknote design combined with a high level of technical protection of the banknotes against counterfeiting. The obverse sides bear portraits of the most important personalities, who were active in the territory of present-day Slovakia during more than a thousand years of history and substantially contributed to the formation of the Slovak nation. The reverse sides bear places and motifs connected with their lives and activities. An exception is the hundred crown note with the motif of the Madonna from the workshop of Master Paul of Levoca.
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