Editing Slovenian tolar (section)

==History==
The name ''tolar'' comes from [[Thaler]], and is [[cognate]] with ''[[dollar]]''. The tolar was introduced on 8 October 1991. It replaced the 1990 (Convertible) version of [[Yugoslav dinar]] at parity. On 28 June 2004, the tolar was pegged against the euro in the [[European Exchange Rate Mechanism|ERM II]], the European Union exchange rate mechanism. All recalled banknotes can be exchanged at the central bank for current issue.

===Phase-out===
On 1 January 2007, the tolar was supplanted by the [[euro]]. Slovenia issues [[Slovenian euro coins|its own euro coins]], like all other nations in the [[Eurozone]].

The timescale for conversion from the tolar to the euro operated differently from the first wave of [[European Monetary Union]] (EMU). The permanent euro/tolar conversion rate was finalised on 11 July 2006 at 239.640 tolar per euro. Unlike the
first wave of EMU, this period was only a day (the conversion rates were fixed on 31 December 1998 and euro non-cash payments were possible from 1 January 1999). Also unlike the first wave of EMU which had a three-year transition period (1999–2001), there was no transition period when non-cash payments could be made in both tolar and euro. The tolar was used for all transactions (cash and non-cash) until 31 December 2006 and the euro was compulsory to use for all payments (cash and non-cash) from 1 January 2007. However, as with the first wave of EMU, cash payments with the tolar could continue until 14 January 2007, but change had to be given in euro.