200 Kuna (Archaeological Museum in Split) – Croatia
Non-circulating coins
Commemoration: 200th anniversary of the Archaeological Museum in Split
Croatia
Context
Material
References
KM: #Click to copy to clipboard123
Numista: #258171
Value
Exchange value: 200 HRK
Bullion value: $88.43
Obverse
Description:
The central commemorative silver coin depicts the Archaeological Museum in Split complex: the museum building with its spacious porch, enclosed by a high wall and surrounded by a garden of Mediterranean conifers. Circling the edge is the inscription "200. ANNIVERSARY OF THE ESTABLISHMENT OF THE ARCHAEOLOGICAL MUSEUM IN SPLIT," with "1820. - 2020." below the building.
Inscription:
REPUBLIKA HRVATSKA
200 KUNA
200 KUNA
Translation:
REPUBLIC OF CROATIA
200 KUNA
200 KUNA
Script: Latin
Language: Croatian
Designer: Kuzma Kovačić
Reverse
Description:
The reverse of the coin features the early 4th-century Sarcophagus of the Good Shepherd, discovered at Solin's Manastirine and now held in Split's Archaeological Museum. Above it, "REPUBLIKA HRVATSKA" arches around the national coat of arms. Below the sarcophagus is the denomination "200 KUNA".
Inscription:
200. OBLJETNICA OSNIVANJA ARHEOLOŠKOG MUZEJA U SPLITU
1820. - 2020.
1820. - 2020.
Translation:
200th Anniversary of the Founding of the Archaeological Museum in Split
1820. - 2020.
1820. - 2020.
Script: Latin
Language: Croatian
Designer: Kuzma Kovačić
Edge
Plain
Mintings
| Year | Mint Mark | Mintage | Quality | Collection |
|---|---|---|---|---|
| 2020 | — | 2,000 | Proof |
Historical background
In 2020, Croatia's currency situation was defined by its longstanding pursuit of adopting the euro, operating within the framework of the European Exchange Rate Mechanism II (ERM II). The national currency, the kuna (HRK), had been pegged to the euro since its introduction in 1994, first via the German Mark and then directly, ensuring remarkable stability for decades. This stability was a key strategic priority, and by 2020, Croatia had successfully met all formal convergence criteria—including price stability, sound public finances, and exchange rate stability—paving the way for a final decision on euro adoption.
The year was pivotal, as Croatia received crucial political endorsements. In July 2020, after nearly two years of preparation, Croatia was formally admitted into ERM II, often called the "euro waiting room." This required the kuna to maintain a central rate of 7.53450 to the euro with a standard fluctuation band of ±15%. Concurrently, Croatia joined the European Banking Union. These milestones were confirmed by the European Council and signaled a firm commitment from both Croatian authorities and EU institutions that the country was on an irreversible path to replacing the kuna with the euro.
Despite the stable peg, the broader economic context in 2020 was dominated by the COVID-19 pandemic, which caused a sharp recession. The government implemented significant fiscal measures to support the economy, leading to increased public debt. However, the currency peg itself remained unchallenged and provided an anchor of stability during the crisis, preventing exchange rate volatility. The focus throughout the year was less on managing currency fluctuations and more on finalizing the legal and technical preparations for the planned euro changeover, which was subsequently achieved on January 1, 2023.
The year was pivotal, as Croatia received crucial political endorsements. In July 2020, after nearly two years of preparation, Croatia was formally admitted into ERM II, often called the "euro waiting room." This required the kuna to maintain a central rate of 7.53450 to the euro with a standard fluctuation band of ±15%. Concurrently, Croatia joined the European Banking Union. These milestones were confirmed by the European Council and signaled a firm commitment from both Croatian authorities and EU institutions that the country was on an irreversible path to replacing the kuna with the euro.
Despite the stable peg, the broader economic context in 2020 was dominated by the COVID-19 pandemic, which caused a sharp recession. The government implemented significant fiscal measures to support the economy, leading to increased public debt. However, the currency peg itself remained unchallenged and provided an anchor of stability during the crisis, preventing exchange rate volatility. The focus throughout the year was less on managing currency fluctuations and more on finalizing the legal and technical preparations for the planned euro changeover, which was subsequently achieved on January 1, 2023.
✨ Legendary