Austria Banknotes Catalog

The history of banknotes in Austria is fascinating and reflects the country's political and economic changes over time. From its first banknotes to the adoption of the euro, Austria has experienced a significant evolution in its paper currency.

Old Austrian banknotes

The first Austrian banknotes were issued in 1762 by the Bank of Vienna. Throughout the 19th and 20th centuries, Austria used various currencies, including the Austro-Hungarian guilder and the Austrian schilling. After World War I, hyperinflation led to the issuance of banknotes with extremely high denominations. In 1925, the modern Austrian schilling was introduced and remained the national currency until the adoption of the euro.

Current banknotes in circulation

Since 2002, Austria has used the euro as its official currency. Euro banknotes are identical in all eurozone countries, but the coins have a national design on the reverse. Although it no longer issues its own currency, Austria participates in the production of euro banknotes through the Austrian National Bank. Euro banknotes in circulation range from €5 to €500, with designs depicting different European architectural periods.