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obverse
reverse
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3 Euro (Boris Pahor) – Slovenia

Circulating commemorative coins
Commemoration: 110th anniversary of the birth of Slovenian writer Boris Pahor
Slovenia
Context
Year: 2023
Issuer: Slovenia Issuer flag
Period:
(since 1991)
Currency:
(since 2007)
Total mintage: 67,250
Material
Diameter: 32 mm
Weight: 15 g
Thickness: 2.39 mm
Shape: Round
Composition: Bimetallic (Copper-nickel center, Brass ring)
Technique: Milled
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard159
Numista: #378758
Value
Exchange value: 3 EUR = $3.54
Inflation-adjusted value: 3.43 EUR

Obverse

Inscription:
3

EURO

SLOVENIJA 2023
Translation:
EURO

SLOVENIA 2023
Script: Latin
Languages: Slovene, English

Reverse

Description:
The coin's text, from Pahor's "The Old Lighthouse," fades into birds flying away. They symbolize freedom and the global reach of his translated works.
Inscription:
BORIS PAHOR 1913
Script: Latin

Edge

Reeded.

Mints

NameMark
Rome

Mintings

YearMint MarkMintageQualityCollection
202360,000
20231,250Proof
20236,000BU

Historical background

In 2023, Slovenia remains a fully integrated member of the Eurozone, having adopted the euro as its sole legal tender on 1 January 2007. Consequently, the country's monetary policy is set by the European Central Bank (ECB), with the Bank of Slovenia participating in the Eurosystem. The primary domestic currency discussions, therefore, do not revolve around a national currency but focus on the broader impacts of the ECB's policies on the Slovenian economy, including efforts to manage inflation and ensure financial stability.

The key economic backdrop for the year was the continued effort to tackle high inflation, which peaked in late 2022 and remained a significant concern throughout 2023. Like other Eurozone members, Slovenia experienced rising consumer prices driven by elevated energy costs and persistent core inflation. The national debate centered on the social and economic effects of these price increases, with the government implementing targeted measures such as energy price caps and subsidies to shield households and businesses, while the country adhered to the ECB's consecutive interest rate hikes aimed at cooling the economy.

Looking forward, Slovenia's currency situation is firmly anchored to the euro's future. In 2023, the country also reached a major milestone by joining the OECD, further cementing its position within the core of European and global economic structures. Domestic financial discourse focused on maintaining competitiveness within the single currency area, managing public debt in line with EU fiscal rules, and preparing for the future digital euro project, ensuring the nation remains aligned with the Eurozone's evolving monetary framework.
🌱 Fairly Common