20 Korun

Printed in Moscow by Goznak during the Second World War, this note was prepared for the post-liberation Czechoslovak government-in-exile's eventual return — part of a series commissioned in the Soviet Union while the republic remained under German occupation. The choice of Goznak over the London printers used for earlier exile-period issues reflects the shifting political alignment of the Czechoslovak government as liberation approached from the east rather than the west.

Notes from this series entered circulation only after the Red Army's advance through Slovak and Czech territories in 1944–45. That timing gave the series an unmistakably Soviet-adjacent character from the start.