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Currency history

Austrian schilling — postwar currency

Austrian schilling: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
Prussian thaler

Its place in the family

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Parents 1

Austrian schilling

This currency

Children 1

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The story

The surviving evidence establishes this unit of account, but a fuller narrative is still being developed. Its known connections are shown above; the research page documents what is established and what remains uncertain.

Turning points

Multiple currency unification

Postwar Austrian schillings replaced Reichsmarks at 1:1 under restricted exchange rules. One of two incoming monetary instruments; no exclusive single parent assigned. [1]

Multiple currency unification

Allied military schillings were also exchanged into Austrian schillings at 1:1. The military issue and Reichsmark were coexisting predecessors; per-person cash limits applied. [2]

Name revival

Austria restored the schilling after the Reichsmark interval. [3]

Restricted cash reform

The 1947 reform exchanged schilling notes at 3:1, except 150 per person at par. Cash reform only. No new universally rescaled account unit or blanket deposit conversion is asserted. [4]

Euro monetary substitution

1 EUR = 13.7603 ATS. Austria: euro adoption 1999-01-01; cash 2002-01-01. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. [5] [6] [7]

Euro cash changeover

Austria: euro adoption 1999-01-01; cash 2002-01-01. [6]

Sources and evidence

  1. Oesterreichische Nationalbank · Annual Report 1998 — From the Schilling to the Euro; Oesterreichische Nationalbank · OeNB history C848 ↗
  2. Oesterreichische Nationalbank · Annual Report 1998 — From the Schilling to the Euro; Oesterreichische Nationalbank · OeNB history C849 ↗
  3. Oesterreichische Nationalbank · Annual Report 1998 — From the Schilling to the Euro C850 ↗
  4. Oesterreichische Nationalbank · OeNB history C851 ↗
  5. Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026 C662 ↗
  6. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C663 ↗
  7. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C646 ↗

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Cite this page

“Austrian schilling — postwar currency.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000323.html

Editorial evidence supplement · Download dataset v44

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