Banknotes of Austria

The official currency of Austria is the Euro, introduced as a paper currency in 2002 by the European Central Bank. The Austrian National Bank (Oesterreichische Nationalbank) serves as the issuing authority. Paper money was first circulated in Austria in the late 18th century, with the introduction of banknotes by the Bank of the Austrian Empire. A notable series consists of the 1945 currency reform, which aimed to stabilize the economy post-World War II. Collectors are drawn to Austria's banknotes for their intricate designs and historical significance. The 1929 series, featuring prominent figures such as Johann Strauss II, showcases the vibrant arts and cultural contributions of Austria during that period. Additionally, security features like watermarks and holograms in modern notes enhance their collecting appeal, making them a subject of interest for numismatists.