# Austro-Hungarian krone

> currency of Austria-Hungary between 1892 and 1918

**Wikidata**: [Q303713](https://www.wikidata.org/wiki/Q303713)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Austro-Hungarian_krone)  
**Source**: https://4ort.xyz/entity/austro-hungarian-krone

## Summary
The Austro-Hungarian krone was the official currency of the Austria-Hungary empire from August 2, 1892, until 1918. Functioning as a generally accepted medium of exchange for goods and services, this form of European crown currency circulated throughout the empire's territories in Central Europe. It replaced the previous Austro-Hungarian gulden and was eventually succeeded by multiple national currencies, including the Austrian krone, Hungarian korona, and Yugoslav krone, following the empire's dissolution.

## Key Facts
- The Austro-Hungarian krone was the official currency of Austria–Hungary, a Central European empire that existed from 1867 to 1918.
- It was introduced on August 2, 1892, and ceased to be used in 1918.
- The currency directly succeeded the Austro-Hungarian gulden.
- It was succeeded by the Austrian krone, the Hungarian korona (introduced January 1, 1919), and the Yugoslav krone.
- It is classified as a form of currency, specifically a "crown" currency utilized in various European states.
- The currency is also known by several aliases, including the Austrian crown, Austro-Hungarian corona, Austro-Hungarian koruna, Austro-Hungarian krona, and Austro-Hungarian korona, among others.

## FAQs
**What currency did the Austro-Hungarian krone replace and what replaced it?**
The Austro-Hungarian krone replaced the Austro-Hungarian gulden as the official medium of exchange. Following the collapse of the empire in 1918, it was succeeded by the Austrian krone, the Hungarian korona, and the Yugoslav krone.

**In which regions was the Austro-Hungarian krone used?**
The krone was the official currency of the Austria–Hungary empire, a state located in Central Europe. This meant it was utilized across all imperial territories, including the Kingdom of Hungary and the Kingdom of Croatia-Slavonia, as well as regions under Austro-Hungarian rule like Bosnia and Herzegovina.

**What type of currency was the Austro-Hungarian krone?**
It was a generally accepted medium of exchange classified as a "crown" currency, a type of currency used in several European states. 

## Why It Matters
The Austro-Hungarian krone holds historical significance as the unifying monetary instrument of one of Europe's major powers leading up to World War I. Its introduction in 1892 standardized trade and economic activity across a vast, multi-ethnic empire. Furthermore, the currency's discontinuation in 1918 serves as a direct financial reflection of the empire's geopolitical collapse. The subsequent partitioning of the krone into distinct national currencies—such as the Austrian krone and Hungarian korona—highlights the broader political reorganization of Central Europe into independent nation-states.

## Notable For
- Serving as the singular, unifying medium of exchange for the Austria-Hungary empire during its final decades.
- Being a prime example of a European "crown" currency, sharing nomenclature with other contemporary European currencies.
- Acting as the foundational monetary unit for multiple successor currencies across newly independent nations after 1918.
- Possessing a highly multilingual set of aliases reflecting the diverse linguistic makeup of the empire it served.

## Body

### Historical Context and Origin
The Austro-Hungarian krone was established as the official currency of Austria–Hungary on August 2, 1892. Austria–Hungary was a prominent Central European empire that had been established on March 1, 1867. The krone replaced the Austro-Hungarian gulden to become the generally accepted medium of exchange for goods and services throughout the empire.

### Geographic and Political Reach
During its circulation, the krone was located in and originated from Austria–Hungary. Its use extended across all of the empire's administrative divisions and territories. This included the Kingdom of Hungary, a Central European monarchy established in the year 1000, and the Kingdom of Croatia-Slavonia, an administrative division active between 1868 and 1918. Additionally, the currency was utilized in the territory of Bosnia and Herzegovina during the period of Austro-Hungarian rule that began on October 20, 1878.

### Successor Currencies
Following the end of the Austro-Hungarian krone in 1918, the currency was succeeded by several distinct national currencies tied to the empire's successor states:
- **Austrian krone:** Became the currency of the Republic of German-Austria starting November 11, 1918, and later the First Republic of Austria starting September 10, 1919. It was also used in Liechtenstein from November 11, 1918, until December 20, 1924.
- **Hungarian korona:** Introduced on January 1, 1919, as the currency for Hungary following the establishment of the First Hungarian Republic on November 16, 1918.
- **Yugoslav krone:** Established as the currency for the Kingdom of Serbs, Croats, and Slovenes.

### Nomenclature and Classifications
As a "crown" currency—a classification shared by various historical European states—the Austro-Hungarian krone is recognized by numerous multilingual aliases. These include the Austrian crown, Austro-Hungarian coroană, Austro-Hungarian corona, Austro-Hungarian korona, Austro-Hungarian koruna, Austro-Hungarian krona, Austro-Hungarian krune, Austro-Hungarian coroana, and the Austrian korona.

## References

1. Freebase Data Dumps. 2013