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Czechoslovakia: a currency split that worked

Posted on 09 December 2011

Policymakers wondering how a euro zone disintegration would play out could do worse than study one monetary union collapse that went well: the split of the Czech-Slovak currency union. The successful conversion of a federal currency into Czech and Slovak crowns on February 8, 1993, has become a model.
Although there were many differences between the Czechoslovak case and a potential euro zone breakup — not least the economic importance — it does bear some scrutiny………………………………………..Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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