100 Korún Slovenských

Slovakia's first independent central bank issued this note shortly after the clerical-nationalist state was declared in March 1939 under Jozef Tiso. The Slovenská koruna replaced the Czechoslovak crown at par, and the new government moved quickly to establish a visible, distinctly Slovak paper currency — partly as administrative necessity, partly as political demonstration.

Printing in-house at Bratislava rather than contracting abroad was itself a deliberate choice, signaling institutional self-sufficiency. Š. Bednár's design work was among the earliest commissions for the new bank's note series. The watermark remains the only mechanical security feature on this issue.