The krone (alternatively crown; German: Krone, Hungarian: korona, Italian: corona, Polish: korona, Slovene: krona, Serbo-Croatian: kruna, Czech: koruna, Slovak: koruna, Romanian: coroană, Ukrainian: корона) was the official currency of Austria-Hungary from 1892 (when it replaced the gulden as part of the adoption of the gold standard) until the dissolution of the empire in 1918.

The subunit was one hundredth of the main unit, and was called a Heller in the Austrian and a fillér in the Hungarian part of the Empire.

Currency names in other ethnic languages were also recognised and appeared on the banknotes: koruna (pl.

After several earlier attempts the Austro-Hungarian Empire adopted the gold standard in 1892 according to a plan drawn up by the Hungarian Minister of Finance Sándor Wekerle.

Consumer prices rose sixteenfold during the war, as the government had no hesitation in running the Austro-Hungarian Bank's printing presses to pay its bills: this triggered a higher inflation rate than in other combatant countries.

After the end of the First World War it was initially hoped that the Krone might remain the common currency of the Empire's successor states, but in January 1919 the Kingdom of Serbs, Croats, and Slovenes (later Yugoslavia) became the first successor state to overstamp the Austro-Hungarian Bank's notes, limiting their validity to its own territory.

Czechoslovakia followed suit in February 1919, and on 12 March 1919 the new Republic of Austria stamped the notes circulating in its territory with "DEUTSCHÖSTERREICH".

In August 1922 consumer prices were 14,000 times greater than before the start of the war eight years earlier.

The Hungarian korona was devalued by hyperinflation, due to the consequences of World War I and the Treaty of Trianon.

All banknotes issued by the Austro-Hungarian Bank were bilingual in German and Hungarian: the denomination was also indicated in other languages of the Monarchy.

The designers included Koloman Moser, Rudolf Rössler, Josef Pfeiffer and László Hegedűs.