|1 schilling (1983)|
Originally launched in the early 1920s, the Schilling was abolished in the wake of the Anschluss (1938) and reintroduced after WWII on November 30, 1945. The exchange rate to the Reichsmark was 1:1, limited to 150 Schillings per person. With a second "Schilling" law in November 1947 "new" notes were introduced which could also be exchanged in certain amounts for the old ones. The currency stabilized in the 1950s.