5 Korún

The Slovak Republic that issued this note was the client state established under German protection in March 1939 — by 1945, the regime was in its death throes. Neografia in Turčiansky Svätý Martin had been the principal printing house for Slovak currency throughout the war years, and this late issue reflects a state still maintaining the administrative forms of sovereignty even as the front collapsed around it.

The Slovak National Uprising of August 1944 had already severely disrupted the political and economic order. Notes dated 1945 circulated only briefly before Czechoslovak currency was restored following liberation.