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Croatian kuna

The Croatian Kuna was introduced as Croatia’s national currency on 30th May 1994. This followed a period after Croatia declared independence from Yugoslavia in 1990. During this time the Croatian Dinar had replaced the Yugoslav Dinar at par. However, it declined in value by a factor of about 70 until replaced by the Kuna at a rate of 1 Kuna for 1000 Dinar. Lipa coins (the sub unit) come in 1, 2, 5, 10, 20 and 50 Lipa and 1, 2, 5 and 25 Croatian Kuna. Banknotes are available in 5, 10, 20, 50, 100, 200, 500 and 1000 kn.