Kroon
One kroon is divided into 100 sent (singular). The ISO 4217 code is EEK. Historically, the Estonian Kroon was pegged to the Deutsche Mark; it is now attached to the Euro and has been stable since 1993 at a rate of 15.64664 Krooni to the Euro. Notes in circulation: 1, 2, 5, 10, 25, 50, 100, 500 Krooni. Coins in circulation: 5, 10, 20, and 50 Senti, 1 Kroon and 5 Krooni. The kroon is now pegged closely to the Euro in ERM II, the EU's exchange rate mechanism. Estonia was party to joining the mechanism since joining the EU - actual entry was on 28 June 2004 [1] (http://www.ecb.int/press/pr/date/2004/html/pr040627_2.en.html).
See also: Swedish Krona, Danish Krone, Norwegian Krone, Icelandic Króna, Czech Koruna de:Estnische Krone it:Corona Estone sv:Kroon
Categories: Currencies | Estonia |
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