Current information on withdrawal of the Slovak koruna from circulation

09. 01. 2009 | Information for Public

Národná banka Slovenska informs that as at 31 December 2008 there were SKK 77 billion in circulation, which was approximately 50 % of the value in circulation (SKK 155.15 bn) as at 31 December 2007.

The volume of cash withdrawn from circulation in the first eight days of the new year was  more than SKK 11 billion, i.e. it represented more than 14 % of the value in circulation as at 31 December 2008.

The total volume of the cash withdrawn so far represents more than 67 % of the value in circulation as at 31 December 2007.

More detailed data on the development of the value in circulation from 31 December to 8 January are listed in the table bellow:

Date Slovak koruna in circulation  (SKK) % of the value in circulation as at 31 December 2007
31 December 2008 77 642 407 277 50 %
2 January 2009 72 452 577 284 53 %
3 January 2009 69 546 245 662 55 %
4 January 2009 66 452 416 817 57 %
5 January 2009 63 358 083 103 59 %
6 January 2009 60 238 140 921 61 %
7 January 2009 55 824 694 277 64 %
8 January 2009 51 638 455 947 67 %

In this connection, Národná banka alerts the public to be cautious when receiving and exchanging money and advices to exchange Slovak koruna into euro banknotes and coins only in banks. Security features of euro banknotes can be found on the web sites: www.euromena.sk, www.nbs.sk, www.ecb.int.

Jana Kováčová
Spokesperson of the NBS

National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2161,+421-2-5865 2161, +421-2-5787 2166, 421-2-5865 2166
Internet: http://www.nbs.sk

Reproduction is permitted provided that the source is acknowledged.


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