NOMISMA

Ausgleich

アウスグライヒ — Institutions

The Compromise of 1867. The establishment of the Austro-Hungarian Dual Monarchy.

Austria — One bank, two countries / Vienna and Budapest
Austria One bank, two countries / Vienna and Budapest

The compromise concluded between Austria and Hungary in 1867. The Dual Monarchy was established, creating a system where one currency was supported by two governments.

⚠ One currency, two treasuries. This imbalance cast a shadow over the design of the coinage until the end of the empire.