The Bohemian and Moravian koruna replaced the Czechoslovak koruna at par and was replaced by the reconstituted Czechoslovak koruna, again at par. It was pegged to the Reichsmark at a rate of 1 Reichsmark = 10 koruna and was initially equal in value to the Slovak koruna, although this currency was devalued in 1940.
Coins
In 1940, zinc 10, 20 and 50 haléřů coins were introduced, followed by zinc 1 koruna in 1941. The reverse designs were very similar to the earlier Czechoslovak coins.
Banknotes
A 50 korun note of the Protectorate
In 1939 and 1940, Czechoslovak banknotes for 1 and 5 korun were stamped with the name of the Protectorate for use in Bohemia and Moravia. These were followed, in 1940, by regular type government issues of 1, 5, 50 and 100 korun in 1940, 10 korun in 1942 and 20 korun in 1944. The National Bank introduced 500 and 100 korun notes in 1942, followed in 1943 by overprinted Czechoslovak 5000 korun notes in 1943. In 1944, the National Bank issued regular type 5000 korun notes.
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