25 Kuna (Croatian Association of Technical Culture) – Croatia
Circulating commemorative coins
Commemoration: 75th Anniversary of founding of the Croatian Association of Technical Culture
Croatia
Context
Material
Diameter: 32 mm
Weight: 12.75 g
Thickness: 2.2 mm
Shape: Dodecagonal
Technique: Milled
Alignment: Medal alignment
flip
References
KM: #Click to copy to clipboard126
Numista: #299079
Value
Exchange value: 25 HRK
Obverse
Description:
The central core features a stylized "25" with a right-facing kuna beetle integrated into its contours. The Croatian coat of arms is above the number, and the word "KUNA" is below it. The ring bears the semicircular text "REPUBLIC OF CROATIA" above the core, and a laurel twig and an oak twig below it. A chain of couplings runs along the upper edge of the ring.
Inscription:
REPUBLIKA HRVATSKA
25
KUNA
25
KUNA
Translation:
REPUBLIC OF CROATIA
25
KUNA
25
KUNA
Script: Latin
Language: Croatian
Designer and engraver: Damir Mataušić
Reverse
Description:
The coin's core features a cube, echoing the Croatian Association of Technical Culture's emblem and symbolizing stability, durability, and one field from the Croatian coat of arms. Its twelve edges represent the Association's twelve organizational principles. The central cube displays the anniversary years "1946" and "2021," while the surrounding core shows elements of an electronic circuit board.
Encircling this is the text "75. ANNIVERSARY OF THE ESTABLISHMENT OF THE CROATIAN COMMUNITY OF TECHNICAL CULTURE." The coin's ring depicts a chain of circular links, each symbolizing a different technical culture activity; united, they represent strength and togetherness in its development.
Encircling this is the text "75. ANNIVERSARY OF THE ESTABLISHMENT OF THE CROATIAN COMMUNITY OF TECHNICAL CULTURE." The coin's ring depicts a chain of circular links, each symbolizing a different technical culture activity; united, they represent strength and togetherness in its development.
Inscription:
75. OBLJETNICA OSNIVANJA HRVATSKE ZAJEDNICE TEHNIČKE KULTURE
1946.
2021.
1946.
2021.
Translation:
75TH ANNIVERSARY OF THE FOUNDING OF THE CROATIAN COMMUNITY OF TECHNICAL CULTURE
1946
2021
1946
2021
Script: Latin
Language: Croatian
Designer and engraver: Damir Mataušić
Edge
Plain
Categories
| Symbols> Coat of Arms |
Mints
| Name | Mark |
|---|---|
| Croatian Mint | — |
Mintings
| Year | Mint Mark | Mintage | Quality | Collection |
|---|---|---|---|---|
| 2021 | — | 50,000 |
Historical background
In 2021, Croatia was in the final phase of a long-standing monetary transition, operating with the kuna (HRK) as its national currency while being formally integrated into the European Exchange Rate Mechanism II (ERM II). This "waiting room" for Eurozone membership, which Croatia entered in July 2020, required the country to maintain a stable exchange rate against the euro within a narrow band of ±15%. Throughout 2021, the Croatian National Bank successfully maintained this stability, with the kuna trading firmly around 7.5 HRK per EUR, a level it had held for years. This stability was a key prerequisite for the upcoming adoption of the euro.
The year was characterized by active technical and legislative preparations for the historic currency switch. The government and financial institutions worked on a detailed changeover plan, including public communication campaigns, logistical preparations for the dual circulation period, and the recalibration of millions of prices and automated systems. A significant milestone was the official convergence report published by the European Commission in June 2021, which gave a positive assessment of Croatia's readiness, confirming it met all the Maastricht criteria for adoption, albeit with a high but falling public debt level.
Underlying these technical steps was a broad political and social consensus in favor of euro adoption. Key motivations included the elimination of exchange rate risk and transaction costs for the tourism-dependent economy, enhanced investment stability, and the symbolic completion of Croatia's deeper integration into the European Union's core economic and political structures. Therefore, 2021 was not a year of monetary crisis or fluctuation for the kuna, but rather one of deliberate and stable preparation, setting the stage for the planned replacement of the kuna with the euro on January 1, 2023.
The year was characterized by active technical and legislative preparations for the historic currency switch. The government and financial institutions worked on a detailed changeover plan, including public communication campaigns, logistical preparations for the dual circulation period, and the recalibration of millions of prices and automated systems. A significant milestone was the official convergence report published by the European Commission in June 2021, which gave a positive assessment of Croatia's readiness, confirming it met all the Maastricht criteria for adoption, albeit with a high but falling public debt level.
Underlying these technical steps was a broad political and social consensus in favor of euro adoption. Key motivations included the elimination of exchange rate risk and transaction costs for the tourism-dependent economy, enhanced investment stability, and the symbolic completion of Croatia's deeper integration into the European Union's core economic and political structures. Therefore, 2021 was not a year of monetary crisis or fluctuation for the kuna, but rather one of deliberate and stable preparation, setting the stage for the planned replacement of the kuna with the euro on January 1, 2023.
🌱 Fairly Common