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1 Koruna

Issuer Národní Banka pro Čechy a Moravu (National Bank for Bohemia and Moravia)
Year 1940
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Shape Rectangular
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Obverse description Multicolour print with a vignette of a young woman's portrait at centre. The bilingual designation of the protectorate — in German (Protektorat Böhmen und Mähren) and Czech (Protektorát Čechy a Morava) — appears as inscriptions on the note, alongside the denomination. A warning against counterfeiting is printed in both languages.
Obverse lettering 1 Protektorat Böhmen und Mähren 1 Eine krona JEDNA KORUNA Nachmachung wird beſtraft · Padělání se trestá 1 PROTEKTORÁT ČECHY A MORAVA 1
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Comments

The Národní Banka pro Čechy a Moravu was a German-directed institution created after the March 1939 occupation to replace the Czechoslovak National Bank. Its notes were deliberately kept interchangeable with the Protectorate's broader currency regime, allowing Berlin to extract economic value from Bohemia and Moravia through controlled exchange rates and occupation costs billed back to the Protectorate itself.

Státní tiskárna cenin — the State Security Printing Works in Prague — continued operating under German oversight throughout the occupation, producing this series on domestic equipment with domestic labor. The 1 Koruna was among the first notes issued under the new authority, entering circulation in a territory whose prewar currency had been systematically stripped of its backing.

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