It is interesting to note that the first foil patch was used on an
Austrian schilling banknote in 1988.
A son, Willi, born half a dozen years later, was deemed to be "not ze full
Austrian Schilling", so Willi was always referred to as "Silly Sausage" - especially after declaring himself to be "schwetting like ein peeg" in the Red Lion one evening, only for the landlord to discover he was standing beneath a drip from a shower leak upstairs.
(22) The district governor's offices charged an administration fee of one
Austrian schilling for every ten addresses.
With the exchange rate between the German Mark and the new
Austrian Schilling set at 1:1, the Soviet authorities released the old German stamps showing Hitler's face with overprint "Oesterreich".
Another 26% even expressed their wish to come back to the
Austrian Schilling.
In January 2002, Austria introduced Euro notes and coins in place of the
Austrian schilling. Economists agree that the economic effects in Austria of using a common currency with the rest of the members of the Euro-zone have been positive.
You may have packed your French francs, Spanish pesetas and
Austrian Schilling. Or maybe you have you taken out travellers' cheques in euros.
The data used to estimate the model are short-term interest rates and inflation rates for Austria and Germany, as well as the exchange rate between the
Austrian schilling and the Deutsche mark.
[3] The currencies include the
Austrian schilling, the Belgian franc, the Danish kroner, the Finnish markkaa, the French franc, the German mark, the Greek drachma, the Irish punt, the Italian lira, the Dutch guilder, the Portuguese escudos, the Spanish peseta, the Swedish kronor, and the British pound.