What currency replaced the Czechoslovak koruna in the Czech Republic in 1993?

The currency that replaced the Czechoslovak koruna in the Czech Republic in 1993 was the Czech koruna.

The Czech koruna was introduced on 8 February 1993, shortly after Czechoslovakia split peacefully into the Czech Republic and Slovakia. The two new countries initially used a temporary monetary arrangement, then issued separate currencies: the Czech koruna and the Slovak koruna.

Koruna means “crown,” linking the currency’s name to several other Central European and Nordic monetary names. The Czech koruna is not the same as the former Czechoslovak koruna, even though both names refer to crowns.

The currency’s ISO 4217 code is CZK. It is divided into 100 haléřů in accounting terms, although haléř coins ceased to circulate in the Czech Republic in 2008.