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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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Currency Koruna (1939-1945)
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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.
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Reverse description Printed in red and blue, the reverse carries the coat of arms to the left, with the denomination and country name to the right and the serial number below. A border composed of the protectorate's name repeated alternately in Czech and German frames the entire composition.
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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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