Economy of Slovakia
Slovakia switched its currency from the Slovak crown (SK-slovenská koruna) to the Euro on 1 January 2009, at a rate of 30.1260 korunas to the euro.
National Bank of Slovakia
The supreme governing body of the National Bank of Slovakia is the Bank Board, which formulates monetary policy, applies appropriate instruments, and rules on monetary measures. It is composed of the Governor and two Vice-Governors, who are appointed and dismissed by the President of Slovakia and other eight members, who are appointed and dismissed by the Slovak government following the proposal of the Governor. As many as three members of the Bank Board are not required to be in a working relationship with the NBS.