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Schilling
(redirected from Austrian schilling)

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schilling
1. the former standard monetary unit of Austria, divided into 100 groschen; replaced by the euro in 2002
2. an old German coin of low denomination

Schilling 

the monetary unit of Austria; equal to 100 groschen. Introduced in 1925 to replace the crown, the schilling was replaced by the reichsmark in 1938 but reintroduced in 1945. According to the rate of exchange set by the State Bank of the USSR in January 1978,100 schillings = 4.55 rubles.



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AUSTRIAN SCHILLING 1924-2001 THE schilling replaced the corona as Austria's currency in 1924 following the break-up of the Austro-Hungarian empire.
The Central Bank of Iraq has begun buying European currencies, including the euro, the German mark, Swiss and French francs, the Dutch florin, the Austrian schilling and the Italian lira.
Drink is pricey for Brits, who suffer as the Austrian Schilling is strong against the pound.
 
 
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