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Exchange rates for the US dollar in Croatia / USD 1 = HRD ... (buying) / up to 1993

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Time series key BBEX3.A.HRD.USD.CA.AA.A04
Unit HRD
Dimension one
Timespan from 1992 to 1993
Last update 20.09.2023 12:48:48 PM
   
General Croatia introduced the Croatian dinar (HRD) as provisional legal tender with effect from 23 December 1991. The Yugoslav dinar was converted to Croatian dinar at a rate of 1:1. With effect from 30 May 1994, the kuna (HRK) was introduced as Croatia's new legal tender. The Croatian dinar was converted to kuna at a rate of HRD 1,000 = HRK 1; the Croatian dinar could be exchanged for kuna at this rate until 31 December 1994. Exchange rates as of 1994, see BBEX3.A.HRK.USD.CA.AA.A04.
Methodology Calculated on the basis of mid-month and month-end rates.
Source Zagrebacka Banka, Zagreb.
   
Comment on 1993 With effect from 4 October 1993, the exchange rates were adjusted sharply. We recorded the following exchange rates (buying/selling rate): 2 October 1993: USD 1 = HRD 6,130.6726 / 6,192.2874 4 October 1993: USD 1 = HRD 7,251.7192 / 7,324.6008 On the basis of the above-mentioned rates, the Croatian dinar depreciated by 15.5%.
Comment on 1992 With effect from 6 March 1992, the exchange rates were adjusted sharply. We recorded the following exchange rates (buying/selling rate): 5 March 1992: USD 1 = HRD 91.0645 / 91.6125 6 March 1992: USD 1 = HRD 111.6278 / 112.2996 On the basis of the above-mentioned rates, the Croatian dinar depreciated by 18.4%. With effect from 18 April 1992, the Croatian dinar was devalued. We recorded the following exchange rates (buying/selling rate): 17 April 1992: USD 1 = HRD 110.8663 / 111.5335 18 April 1992: USD 1 = HRD 156.2092 / 157.1492 On the basis of the above-mentioned rates, the Croatian dinar depreciated by 29.0%.