Oesterreichische Nationalbank
Skip slideGovernor's Corner
Insights from Governor Martin Kocher on current economic and monetary policy developments
The designs on euro banknotes reflect shared European values:
- front: windows and gateways symbolise openness and cooperation in Europe
- twelve stars: represent unity, harmony and solidarity
- back: bridges symbolise connections between people in Europe and Europe’s links with the wider world
Learn more about the design of euro banknotes.
On 1 July 1762, Empress Maria Theresa authorised the issuance of the first interest-free paper money, known as the “Wiener-Stadt-Banco-Zettel”. One reason for their introduction was the difficulty of transporting large quantities of coins.
Learn more about Austria’s monetary history.
Learn moreCash is distributed in Austria primarily through ATMs. 88% of people obtain their banknotes from there.
Learn more about cash supply in Austria.
Learn moreBefore the introduction of the euro, Austria’s currency was the schilling. Between 1892 and 1925, the country used the Austrian crowns.
Learn more about the history of money.
Learn moreThe designs on euro banknotes reflect shared European values:
- front: windows and gateways symbolise openness and cooperation in Europe
- twelve stars: represent unity, harmony and solidarity
- back: bridges symbolise connections between people in Europe and Europe’s links with the wider world
Learn more about the design of euro banknotes.
On 1 July 1762, Empress Maria Theresa authorised the issuance of the first interest-free paper money, known as the “Wiener-Stadt-Banco-Zettel”. One reason for their introduction was the difficulty of transporting large quantities of coins.
Learn more about Austria’s monetary history.
Learn moreCash is distributed in Austria primarily through ATMs. 88% of people obtain their banknotes from there.
Learn more about cash supply in Austria.
Learn moreBefore the introduction of the euro, Austria’s currency was the schilling. Between 1892 and 1925, the country used the Austrian crowns.
Learn more about the history of money.
Learn more