The schilling was established by the schilling Act (Schillingrechnungsgesetz) of December 20, 1924 at a rate of 1 schilling to 10,000 Austro-Hungarian kronen and issued on March 1, 1925.
Šilling kehtestati 1924. aasta 20. detsembril Šillingi Aktiga, kursiga 1 šilling kümnele tuhandele Austria-Ungari kroonile ning anti välja 1. märtsil 1925.