The exchange rate is fixed at 1 € = 13.7603 ATS. Businesses VAT registered in Austria must use these rates when supplying goods and services. Before 31/12/1998, the Euro(EUR) exchange rates are theoretical ones. In Austria, interest rate decisions are taken by the Governing Council of the European Central Bank. Exchange Rate Home >> Foreign Exchange Cities >> Vienna Exchange Rate Vienna. The Trading Economics Application Programming Interface (API) provides direct access to our data. Austrian Press & Information Service in the United States See below for details. Before 13/03/1979 XEU rates are theoretical ones.
In Austria, interest rate decisions are taken by the Governing Council of the European Central Bank.
The following Euro-banknotes and coins are in circulation since January 2002: Banknotes with … The schilling had the symbol ATS and was used between 1924 and 1938, and then again from 1954 until 2002. Use this currency converter for live prices. If they fail to charge the correct rates, they are held liable for any unbilled VAT. The schilling (German: Schilling) was the currency of Austria from 1925 to 1938 and from 1945 to 1999, and the circulating currency until 2002. Fixed rate since: 31 December 1998 Replaced by €, non cash: 1 January 1999 Replaced by €, cash: 1 January 2002 € = S 13.7603: This infobox shows the latest status before this currency was rendered obsolete.
The euro comes in different denominations of coins and banknotes.
Before 13/03/1979 XEU rates are theoretical ones. Use the XEU code to see Ecu (European Currency Unit) exchange rates. It may also levy reduced VAT rates on a limited range of goods for economic reason. Generally, it accepts any posted exchange rate that is used consistently.
Please be advised that Schilling banknotes and coins are no longer legal tender but still redeemable. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
Access currency exchange rates back to January, 1990: Type currency names, 3-letter ISO currency symbols, or country names to select your currency. The euro is the official currency of Austria, which is a member of the European Union. The euro is divided into 100 subunits (cents). At the time of the changeover to the euro, the coins in circulation were the following. Disclaimer: conversions are for illustration purposes only. Silver coins were in the value of 25, 50, 100, 200 and 500 schilling, but gold coins also existed for 500 and 1,000 schilling. About 13 schillings are equal to one euro. Austria-Hungary also decimalized at the same time, resulting in a new currency system of 100 Kreuzer (krajczár) = 1 Gulden (forint) and 1 1 ⁄ 2 Gulden = 1 Vereinsthaler. Please check with the authorities if you are unsure about your specific requirements. Travel, Currency and Money saving tips for Austria. Vienna is the capital of Austria. The Euro Area refers to a currency union among the European Union member states that have adopted the euro as their sole official currency. The current rates are: Austria is content to bask in its good living and elegant, opulent past as the former head of one of Europe's grandest empires. The 1 and 5 groschen and the first type of 10 groschen were in zinc, with the 20 groschen struck in aluminium-bronze.
Use this currency converter for live prices. If you are traveling to Vienna, you will need to exchange your currency for the Austrian Euro. Banknotes are usually available in denominations of 5, 10, 20, 50, 100, 200, and 500 euros.
The Internal Revenue Service has no official exchange rate. Coins were not affected by this reform. The gap between these two periods occurred due to the introduction of the German reichsmark during World War II. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies. The coins are made in denominations of 1, 2, 5, 10, 20 and 50 cents. The earlier notes could be exchanged for new notes at par for the first 150 schilling and at a rate of 1 new schilling for 3 old schillings thereafter. Currency. The Euro Area refers to a currency union among the European Union member states that have adopted the euro as their sole official currency. Currency in Austria: Euro (EUR) Exchange rate to other major currencies. Small, landlocked Austria offers alpine scenery, world-class museums, cobbled quaintness, and Wiener schnitzel.