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50 Kuna

Issuer Hrvatska Narodna Banka (Croatian National Bank)
Year 2002-2012
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In circulation to 2023
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Protection type Watermark, Optically variable ink, Security thread, Microprinting
Protection description Portrait of Ivan Gundulić visible when held to light; optically variable ink (OVI) on denomination square shifting between colors; embedded security thread; repeated text across the center underprint field
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Comments

The 50 Kuna was printed by the Austrian State Printing Works in Vienna — a long-standing arrangement that saw Croatia outsource its currency production abroad throughout much of the kuna's existence. This was unremarkable in practical terms but carried an obvious political irony for a nation that had fought for independence from a federal state only a decade earlier.

The design is credited to Miroslav Šutej, one of Croatia's most prominent graphic artists, working here alongside Šimun Šutej. The kuna itself was reintroduced in 1994, deliberately reviving a name used under the wartime Ustaše regime — a choice that generated genuine controversy domestically and internationally before the government pressed forward regardless.

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