Euro area member since 1 January 1999
Fixed conversion rate
1 = 13.7603 AST
Adoption of the euro
The euro banknotes and coins were introduced in Austria on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as 'book money'. The dual circulation period – when both the schilling and the euro had legal tender status – ended on 28 February 2002.
Exchange of former national currency
The Österreichische Nationalbank (Austrian National Bank) continues to exchange schilling banknotes and coins for an unlimited period.