Information on currency : Estonian kroon

Page last updated on December 9, 2023

Currency code (ISO 4217):

EEK

Numeric code:

233

Currency symbol:

Subunit (quantity):

Senti (100)

Country or territory:

Estonia (EE)

Status:

No longer in use

Replaced by

Euro (EUR)

Exchange rate mechanism:

Monetary authority:

(created: )

The Estonian Kroon (Estonian kroon) was the official currency of Estonia before the country adopted the Euro. It was in use from 1992 to 2011.

The Estonian Kroon was introduced after Estonia gained independence in 1992. It was replaced by the Euro on January 1, 2011, when Estonia, along with several other European countries, adopted the common currency.

Subunits

The Estonian Kroon was divided into 100 senti.

Coins and Banknotes

The Estonian Kroon had various denominations of coins and banknotes. Coins were issued in senti and Kroons, while banknotes were issued in various denominations.

Euro Adoption

Estonia adopted the Euro on January 1, 2011. From this date, the Estonian Kroon ceased to be legal tender, and all transactions switched to the Euro.

Since the adoption of the Euro, the Estonian Kroon is no longer in circulation, and any remaining banknotes and coins are considered collector's items. The Euro is now the official currency used in Estonia.

Exchange Rate

The exchange rate at which the Estonian Kroon was replaced by the Euro was fixed at 1 Euro = 15.6466 Estonian Kroons.