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Slovakia (SKK) Slovakian Koruna

The Slovak Koruna (code: SKK) or the Slovak crown was the currency of Slovakia until 31st December 2008. Being a part of the EU, it has adopted the Euro from 1st January 2009 but the Slovak koruna is still in circulation until the Euro takes over completely by the end of 2010. A Slovak Koruna is made up of a 100 haliere and is followed by the symbols ‘sk’ or ‘h’ after the numeric value.

Currently in circulation

The coins in circulation are in the denominations 50 haliere and 1, 2, 5 and 10 korunas. Banknotes are available in the denominations of 20, 50, 100, 500, 1000 and 5000 koruna.

Exchange facilities and traveller’s cheques

The preferred way of converting foreign exchange in Slovakia is via foreign exchange offices of which you will find plenty. This gives you the opportunity to compare the exchange rates before you cash the amount. Apart from this you can exchange foreign currencies at airports, railway stations and shopping centres. As for traveller’s cheques, Thomas Cook, American Express, Visa, Swiss Bankers and Citybank traveller’s cheques are accepted in banks and exchange offices. But tourists are advised to carry cheques only in Euros, Pound Sterling or US Dollars.

Using credit/debit cards

The use of credit and debit cards is commonplace in Slovakia and all major credit cards are accepted here. You can also acquire funds from debit cards through the ATM’s linked to international banking networks.

Restrictions

The import and export of both local and foreign currencies is limited, with the amount not exceeding 150,000 korunas. You must declare the amount that is being brought in or taken out of the country.

Slovakia: An overview

Slovakia is fast becoming one of the centres of tourist attraction in Europe. The beautiful countryside with its fascinating landscape, reasonable expenses and warm people is definitely an eye-catcher.

The cost of living in Slovakia is significantly lower than the other European countries. A three-course meal along with beer or wine can be bought for under £10/$15. Local transportation is very cheap with a one-day pass which is valid on all kinds of transport costing you a bare £1.

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