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What Does ATS (Austrian Schilling) Mean?

April 26, 2017ATS austrian mean schilling

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What Does ATS (Austrian Schilling) Mean?

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The currency abbreviation, or currency symbol, for the Austrian schilling (ATS), the currency for Austria from 1924 to 1938 and between 1945 to 1999. The schilling is made up of 100 groschen and is often presented with the symbol S or öS. The Austrian schilling still circulated in Austria from 1999 until 2002, when it was replaced by the euro at a conversion rate of 13.7603 schillings for every euro.