奥地利先令是原奥地利的货币单位。奥地利财政部长凯恩博克因此决定于1923年12月推出名为“先令”的新货币。先令硬币于1924年6月投入流通，纸币于1925年2月发行。现在已经停止使用。
埃森格林指出，第一次世界大战爆发前夕，荷兰盾、比利时法郎和奥地利先令都是比美元更重要的储备货币。
On the eve of the first world war, Eichengreen shows, the Dutch guilder, Belgian franc and Austrian schilling were all more important as reserve currencies than the dollar.
我们三个人的膳宿费每天大约两美元，随着奥地利先令由于通货膨胀而贬值，我们的房租和伙食费不断地在减少。
The pension was about two dollars a day for the three of us, and as the Austrian schilling went down with inflation, our room and food were less all the time.
此次发行的最后一枚普通金属50先令是为了纪念“先令”，它在20世纪的大部分时间里是奥地利的法定货币。
Consequently this last base metal 50 Schilling issue commemorates the Schilling, which was the national currency of Austria for the greater part of the 20th century.
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