Obverse. Photo © Monetnik.ru
  • 2 Euro 2020, KM# 170, Slovakia, 20th Anniversary of the Entry of Slovakia to the OECD
  • 2 Euro 2020, KM# 170, Slovakia, 20th Anniversary of the Entry of Slovakia to the OECD
Description

The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental economic organisation with 36 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum of countries describing themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices and coordinate domestic and international policies of its members.

In 1989, after the Revolutions of 1989, the OECD started to assist countries in Central Europe (especially the Visegrád Group) to prepare market economy reforms. In 1990, the Centre for Co-operation with European Economies in Transition (now succeeded by the Centre for Cooperation with Non-Members) was established, and in 1991, the Programme "Partners in Transition" was launched for the benefit of Czechoslovakia, Hungary, and Poland. This programme also included a membership option for these countries. As a result of this, Poland, Hungary, the Czech Republic, and Slovakia, as well as Mexico and South Korea became members of the OECD between 1994 and 2000.

Obverse

Depicts an inscription "20th Anniversary of the Entry of Slovak Republic to the OECD", the state name and the date of issue on the left. The stylized representation of a human brain with abstract connections of a computer board and a centralized circle, the microprocessor on the right. The coat of arms of Slovakia on the right bottom. The outer ring depicts the 12 stars of the European flag.

The coat of arms of Slovakia consists of a shield, in early Gothic style, charged with a double cross standing on the middle peak of a dark blue mountain consisting of three peaks. Extremities of the cross are amplified, and its ends are concaved. The double cross is a symbol of its Christian faith and the hills represent three symbolic mountain ranges: Tatra, Fatra (made up of the Veľká Fatra and Malá Fatra ranges), and Mátra (the last one is in northern Hungary).

Design: Peter Valach

20
VÝROČIE
VSTUP SR DO
OECD
SLOVENSKO
2020

Reverse

A geographical map of Western Europe spans the outer ring and inner core on the right side of the coin. The inscription 2 EURO is superimposed over the map of Europe, with the numeral “2” located in an open field representing the eastern Atlantic Ocean.

12 stars are located on the right side of the outer ring, with six stars atop the map of Europe and six stars below it; six vertical stripes cut across the inner core of the coin, visually connecting the upper and lower star segments.

Luc Luycx, a designer at the Royal Belgian Mint, designed the Euro’s common reverse; his initials, LL, are seen on the right side of the design, just under the “O” in “EURO.”

2 EURO
LL

Edge

Slovak Republic in Slovak with two stars and linden leaf between

★ SLOVENSKÁ REPUBLIKA ★

2 Euro

20th Anniversary of the Entry of Slovakia to the OECD

KM# 170
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Characteristics
Type Commemorative Issue (Circulating)
Material Bi-Metallic
Ring Cupronickel
Center Nickel Brass
Weight 8.5 g
Diameter 25.75 mm
Thickness 2.2 mm
Shape round
Alignment Medal
Mint
Kremnica Mint (MK)

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