Society, economy & sport

Introduction of Slovenian tolar

1991

The Slovenian tolar was introduced in October 1991 as the currency of newly independent Slovenia, replacing the Yugoslav dinar a few months after the country broke away from Yugoslavia. Its name comes from the same root as the dollar and the thaler, a silver coin once used across central Europe. The tolar was used for sixteen years and was kept relatively stable during the early years of transition, which helped the country's economy. Slovenia was the first of the countries that joined the European Union in 2004 to adopt the euro. The tolar was replaced by the euro on 1 January 2007.

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