Editing Slovenian tolar

{{Short description|Currency of Slovenia from 1991 to 2007}}
{{Infobox currency
| local_name1 = slovenski tolar
| local_name_lang1 = sl
| image_1 = 
| image_title_1 = 10 and 50 tolar coins
| iso_code = SIT
| date_of_introduction = 8 October 1991
| replaced_currency = [[Yugoslav dinar]]
| date_of_withdrawal   = {{end date|2006|12|31|df=yes}}
| replaced_by_currency = [[Euro]]
| using_countries = None, previously:<br />{{SLO}}
| inflation_rate = 0.8%
| inflation_source_date = [http://www.bsi.si/library/includes/datoteka.asp?DatotekaId=2061 Bank of Slovenia], 2005
| inflation_method = [[Consumer price index|Core CPI]]
| ERM_since = 28 June 2004
| ERM_fixed_rate_since = 11 July 2006
| euro_replace_non_cash = 1 January 2007
| euro_replace_cash = 14 January 2007
| ERM_fixed_rate = 239.640 tolars
| ERM_band = 15%
| subunit_ratio_1 = {{frac|1|100}}
| subunit_name_1 = stotin
| symbol = T
| plural_slavic = Y
| frequently_used_coins = 50 stotinov, 1, 2, 5, 10, 20, 50 tolarjev
| rarely_used_coins = 10, 20 stotinov
| used_banknotes = 10, 20, 50, 100, 200, 500, 1000, 5000, 10,000  tolarjev
| issuing_authority = [[Bank of Slovenia]]
| issuing_authority_website = {{URL|www.bsi.si}}
| obsolete = yes
}}

The '''tolar''' was the [[currency]] of [[Slovenia]] from 8 October 1991 until the introduction of the [[euro]] on 1 January 2007. It was subdivided into 100 ''stotinov'' (cents). The [[ISO 4217|ISO 4217 currency code]] for the Slovenian tolar was ''SIT''. From October 1991 until June 1992, the acronym ''SLT'' was in use.<ref>{{cite news |url=http://www.sta.si/vest.php?s=s&id=1154217 |title=Pregled pomembnejših dogodkov v Sloveniji med 29. junijem in 4. julijem |publisher=Slovenian Press Agency |language=sl |trans-title=Review of More Important Events in Slovenia From 29 June until 4 July |archive-date=2013-10-03 |access-date=2012-05-21 |archive-url=https://web.archive.org/web/20131003020922/http://www.sta.si/vest.php?s=s&id=1154217 |url-status=dead }}</ref>

==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.

==Coins==
In 1992, coins were introduced in denominations of 10, 20 and 50 stotinov (10, 20 and 50 stotins), 1 tolar, 2 tolarja and 5 tolarjev (2 and 5 tolars). 10 tolarjev (10 tolars) coins were added in 2000, followed by 20 and 50 tolarjev (20 and 50 tolars) in 2003. The obverse designs all show the denomination, with animals native to Slovenia on the reverses. The coins were designed by [[Miljenko Licul]] and [[Zvone Kosovelj]] and featured reliefs of animals by [[Janez Boljka]].<ref name="Šiška2012-01">{{cite web |url=http://www.ukom.gov.si/en/media_relations/background_information/history_national_events/twenty_years_of_national_currency/ |first=Marko |last=Šiška |title=Twenty Years of National Currency |publisher=Government Communication Office, Republic of Slovenia |date=January 2012 |work=Www.ukom.gov.si |url-status=dead |archive-url=https://web.archive.org/web/20131022082941/http://www.ukom.gov.si/en/media_relations/background_information/history_national_events/twenty_years_of_national_currency/ |archive-date=2013-10-22 }}</ref>

{|class="wikitable" style="margin:auto; font-size:90%; border-width:1px;"
! colspan=12 | Coins of the Slovenian tolar[http://www.bsi.si/en/banknotes-and-coins.asp?MapaId=204]
|-
! rowspan=2 | Image
! rowspan=2 | Value
! colspan=5 | Technical parameters
! colspan=3 | Description
! rowspan=2 | Issued<br/>from
! rowspan=2 | Lapse
|-
! Diameter<br/>(mm)
! Thickness<br/>(mm)
! Mass<br/>(g)
! colspan=2 | Composition
! Edge
! Obverse
! Reverse
|-
|
| 10 stotinov
| align=center | 16.00
| rowspan=3 align=center | 1.30
| align=center | 0.55
| style="background-color:#dcdcdc;"|
| rowspan=3 | [[Aluminium]]: 98%<br/>[[Magnesium]]: 2%
| rowspan=3 | Smooth
| rowspan=9 | Value;<br/>year of issue;<br/>Lettering:<br/>''Republika<br/>Slovenije''
| [[Olm]]<br/>''(Proteus anguinus)''
| rowspan="2"| 29 April 1993
| rowspan=9 | 2017
|-
|
| 20 stotinov
| align=center | 18.00
| align=center | 0.70
| style="background-color:#dcdcdc;"|
| [[Long-eared owl]]<br/>''(Asio otus)''
|-
|
| 50 stotinov
| align=center | 20.00
| align=center | 0.85
| style="background-color:#dcdcdc;"|
| [[Western honey bee]]<br/>''(Apis mellifera)''
| rowspan=4 | 4 January 1993
|-
|
| 1 tolar
| align=center | 22.00
| rowspan=3 align=center | 1.70
| align=center | 4.50
| style="background-color:#ffe550;"|
| rowspan=3 | [[Copper]]: 78%<br/>[[Zinc]]: 20%<br/>[[Nickel]]: 2%
| rowspan=5 | Reeded
| Brown trout<br/>''([[Salmo trutta fario]])''
|-
| 
| 2 tolarja
| align=center | 24.00
| align=center | 5.40
| style="background-color:#ffe550;"|
| [[Barn swallow]]<br/>''(Hirundo rustica)''
|-
| 
| 5 tolarjev
| align=center | 26.00
| align=center | 6.40
| style="background-color:#ffe550;"|
| [[Alpine ibex]]<br/>''(Capra ibex)''
|-
| 
| 10 tolarjev
| align=center | 22.00
| rowspan=3 align=center | 2.00
| align=center | 5.75
| style="background-color:#dcdcdc;"|
| rowspan=3 | [[Cupronickel]]:<br/>{{small|Cu: 75%<br/>Ni: 25%}}
| [[Horse]]<br/>''(Equus)''
| 19 April 2000
|-
|
| 20 tolarjev
| align=center | 24.00
| align=center | 6.85
| style="background-color:#dcdcdc;"|
| [[White stork]]<br/>''(Ciconia ciconia)''
| rowspan="2"| 7 July 2003
|-
| 
| 50 tolarjev
| align=center | 26.00
| align=center | 8.00
| style="background-color:#dcdcdc;"|
| Interrupted<br/>reeding
| [[Bull]]<br/>''(Taurus taurus)''
|-
| colspan="12"|{{Standard coin table notice|BrE=Y}}
|}

== Banknotes ==
The first banknotes were provisional payment notes issued on 8 October 1991, in denominations of 1, 2, 5, 10, 50, 100, 200, 500, 1000, and 5000 tolarjev (0.50 and 2000 tolarjev notes were also printed, but never issued; one thousand sets with matching serial numbers were sold for 5,000 tolarjev each beginning on 6 May 2002).<ref>{{cite book | last1 = Linzmayer | first1 = Owen | title = The Banknote Book | chapter = Slovenia | publisher = www.BanknoteNews.com | year = 2012 | location = San Francisco, CA | url = http://www.banknotebook.com}}</ref> These notes all feature [[Triglav]], the tallest mountain in Slovenia, on the front, and the [[Prince's Stone]], honeycomb pattern, and [[Carniolan honey bee]] on the back.

In 1992, the [[Bank of Slovenia]] introduced the following banknotes, all of which feature notable Slovenes. The banknotes were designed by [[Miljenko Licul]] and coauthors, with portraits drawn by [[Rudi Španzel]]. They were printed by the British company [[De La Rue]] on paper produced in [[Radeče]], Slovenia.<ref name="Šiška2012-01" />

{|class="wikitable" style="font-size:90%; border-width:1px;"
!colspan="10"| 1992 Series [https://www.bsi.si/en/banknotes-and-coins/slovenian-tolar/banknotes]
|-
!rowspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Euro<br/>equivalent !!rowspan="2"| Dimensions<br/>(mm) !!rowspan="2"| Main colour !!colspan="2"| Description !!colspan="2"| Date of
|-
! Obverse !! Reverse !! first printing !! issue
|-
|align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=61]
| align="center"| 10 tolarjev
| align="center"| €0.04
| align="center"| 120 × 60
| Green
| [[Primož Trubar]]
| [[Ursuline Church of the Holy Trinity|Ursuline Church]] in [[Ljubljana]]<br/>Motif from the New Testament
| rowspan="7"| 15 January 1992
| 27 November 1992
|-
| align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=59]
| align="center"| 20 tolarjev
| align="center"| €0.08
| align="center"| 126 × 63
| Orange
| [[Johann Weikhard von Valvasor]]
| Angels from ''[[The Glory of the Duchy of Carniola]]'' by Valvasor<br/>Segments of the map of Slovenia
| 28 December 1992
|-
| align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=62]
| align="center"| 50 tolarjev
| align="center"| €0.21
| align="center"| 132 × 66
| Violet
| [[Jurij Vega]]
| [[Solar System]]<br/>[[Slovenian Academy of Sciences and Arts]]
| 19 March 1993
|-
| align="center"| 
| align="center"| 100 tolarjev
| align="center"| €0.42
| align="center"| 138 × 69
| Yellow
| [[Rihard Jakopič]]
| ''The Sun'' by Jakopič<br/>Plan of the former Jakopič Pavilion
| 30 September 1992
|-
| align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=64]
| align="center"| 200 tolarjev
| align="center"| €0.83
| align="center"| 144 × 72
| Brown
| [[Jacobus Gallus]]
| [[Slovenian Philharmonic]] Hall<br/>Musical notations
| 22 February 1993
|-
| align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=65]
| align="center"| 500 tolarjev
| align="center"| €2.09
| align="center"| 150 × 75
| Red
| [[Jože Plečnik]]
| [[National and University Library of Slovenia]]
| 30 September 1992
|-
| align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=66]
| align="center"| 1000 tolarjev
| align="center"| €4.17
| align="center" rowspan="3"| 156 × 78
| Blue green
| [[France Prešeren]]
| Text from ''[[Zdravljica]]'' by Prešeren
| 30 September 1992
|-
| align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=158]
| align="center"| 5000 tolarjev
| align="center"| €20.86
| Brown
| [[Ivana Kobilca]]
| [[National Gallery of Slovenia]]<br/>[[Robba fountain]]
| 1 June 1993
| 13 December 1993
|-
| align="center"| [http://www.bsi.si/library/includes/slika.asp?SlikaId=71]
| align="center"| 10&nbsp;000 tolarjev
| align="center"| €41.73
| Purple
| [[Ivan Cankar]]
| [[Chrysanthemum]]<br/>Cankar's handwriting
| 28 June 1994
| 15 March 1995
|-
|colspan="9"|{{Standard banknote table notice}}
|}

==Historical exchange rates==
[[File:Euro exchange rate to SIT.svg|thumb|300px|The cost of one euro in Slovenian tolar's (from&nbsp;1999 till 2006).]]
Lower number indicates the tolar has a higher value.

*SIT per [[Euro|EUR]] &ndash; 233.0 (April 2006); 239.5 (June 2005); 235.7 (November 2003); 227.3 (June 2002). From 1 January 2007 the rate was irrevocably set at 239.640 and has been finalised by the [[European Commission]].
*SIT per [[United States dollar|USD]] &ndash; 193.0 (April 2006); 198.0 (June 2005); 201.3 (November 2003); 195.06 (January 2000); 181.77 (1999); 166.13 (1998); 159.69 (1997); 135.36 (1996); 118.52 (1995).

==See also==
* [[Economy of Slovenia]]
* [[Slovenian euro coins]]

==References==
{{reflist}}
{{refbegin}}
*{{numis cite SCWC | date=1991}}
*{{numis cite SCWPM | date=1994}}
{{refend}}

== External links ==
* [https://www.bsi.si/en/banknotes-and-coins/slovenian-tolar Information on the Slovenian tolar] {{Webarchive|url=https://web.archive.org/web/20200531041123/https://www.bsi.si/en/banknotes-and-coins/slovenian-tolar |date=2020-05-31 }}, Bank of Slovenia
* {{cite web|url=http://www.bis-ans-ende-der-welt.net/Slowenien-B-En.htm|title=Historical banknotes of Slovenia|language=en,de|editor=Heiko Otto|access-date=2018-08-13}}

{{Currencies of Former Yugoslavia}}
{{Euro topics}}
{{dollar}}
{{Thaler}}
{{Portal bar|Europe|Money|Numismatics|Slovenia}}

{{DEFAULTSORT:Slovenian Tolar}}
[[Category:1991 establishments in Slovenia]]
[[Category:2007 disestablishments in Slovenia]]
[[Category:Currencies of Slovenia]]
[[Category:Currencies replaced by the euro]]
[[Category:Cultural history of Slovenia]]
[[Category:Modern obsolete currencies]]
[[Category:Economic history of Slovenia]]
[[Category:Currencies introduced in 1991]]
[[Category:Dollar]]
[[Category:Thaler]]