Republic Austria - Nationalbank 1924-36
The Oesterreichische Nationalbank was founded in 1923 to succeed the Oesterreichisch-Ungarische Bank. This was due to the monetary situation being very bad in the previous years leading to high inflation and the fact that the liquidation of the Oesterreichisch-Ungarische Bank had been part of the World War 1 peace treatments.
The monetary reform in 1925 carried out by the Austrian government and the Oesterreichische Nationalbank introduced a new currency – the Schilling. It started with an issue of the 1 Schilling banknote, which was an overprint of a 10,000 Kronen banknote. Completely new banknotes denominated in Schilling were given out in due course. The introduction of the Schilling and the more stringent monetary policy led to a more stable currency and economic situation.
1924 First Issue
10,000 Kronen 1924 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1924.
(P# 85)
1 Million Kronen 1924 This note was issued by the Oesterreichische Nationalbank. It is dated 1 July 1924.
(P# 86)
1924 Reform Issue
1 Schilling 1924 This bill is an overprint of the the 10,000 Kronen banknote from 1924 and was issued by the Oesterreichische Nationalbank. It is dated 2 January 1924.
(P# 87)
1925 Issue
5 Schilling 1925 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1925.
(P# 88)
10 Schilling 1925 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1925.
(P# 89)
20 Schilling 1925 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1925.
(P# 90)
100 Schilling 1925 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1925.
(P# 91)
1,000 Schilling 1925 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1925.
(P# 92)
1927-30 Issue
5 Schilling 1927 This note was issued by the Oesterreichische Nationalbank. It is dated 1 July 1927.
(P# 93)
10 Schilling 1927 This note was issued by the Oesterreichische Nationalbank. It is dated 3 January 1927.
(P# 94)
20 Schilling 1928 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1928.
(P# 95)
50 Schilling 1929 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1929.
(P# 96)
100 Schilling 1927 This note was issued by the Oesterreichische Nationalbank. It is dated 3 January 1927.
(P# 97)
1,000 Schilling 1930 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1930.
(P# 98)
1933-36 Issue
10 Schilling 1933 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1933.
(P# 99)
50 Schilling 1935 This note was issued by the Oesterreichische Nationalbank. It is dated 2 January 1935.
(P# 100)
100 Schilling 1936 This note was planned by the Oesterreichische Nationalbank. It is dated 2 January 1936, but was never issued. (P# 101)
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