The Austrian schilling, formerly the official currency of Austria until it was replaced by the euro in 2002, has several synonyms. Some of the most popular synonyms include the Austrian Groschen, which was a subdivision of the Austrian schilling, and the ÖS, which was its abbreviation. Other synonyms for the Austrian schilling include the Schilling Österreichs, which is its name in German language, and simply, the schilling. As Austria's currency for nearly 60 years, the Austrian schilling played a significant role in the country's economy and remains a cultural icon for Austrians. Despite its replacement, the word "schilling" continues to be used colloquially in reference to the country's previous currency.