On the national holiday of Statehood Day on May 30, 1994, Croatia introduced a new currency – the kuna, which became the official money in the independent Republic of Croatia. The kuna was divided into 100 lipas and represented the fulfillment of a long-standing desire for financial independence after the breakup of Yugoslavia. Although some expressed concern about the name kuna and its association with the NDH, this currency actually has a historical background with roots in the 13th-century silver denarius. Throughout history, motifs of the kuna were used on various currencies, the most famous of which are certainly the Slavonian banovci. Since its introduction, the kuna has demonstrated stability as the Croatian national currency with very low inflation.
Source: YouTube channel “pro patria” (The video was originally published as a report on HRT.)
