Tolar

The Tolar is the currency of Slovenia from October 1991. Its smaller unit is the stotin, 1 SIT = 100 stotins.

The ISO 4217 currency code for the Slovene Tolar is SIT.

The name tolar descends from the thaler, a silver coin first minted in 1518 in Joachimsthal, Bohemia, and is cognate with Dollar.

On 28 June 2004 the Tolar was pegged against the Euro in ERM II [1], the EU's exchange rate mechanism. Slovenia was party to joining the mechanism since joining the EU.

Current exchange rates:

  • tolars (SlT) per US$1 - 201.3 (November 2003), 195.06 (January 2000), 181.77 (1999), 166.13 (1998), 159.69 (1997), 135.36 (1996), 118.52 (1995),
  • tolars (SIT) per 1 EUR - 235.7 (November 2003), 227.3 (June 2002).

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