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The Estonian kroon was the official currency of Estonia before the country adopted the euro in 2011. It matters historically as a symbol of Estonian independence and economic sovereignty during the period between regaining independence in 1991 and joining the eurozone.
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ISO 4217 CodeEEK Unit Pluralkrooni (Estonian partitive sg.) SymbolKR Nicknamepaper, The family names of the persons on notes: 100 KR – Koidula, 500 KR – Jakobson etc. Denominations Subunit 1⁄100sent Plural sentsenti (Estonian partitive sg.) Banknotes Freq. used1 KR, 2 KR, 5 KR, 10 KR, 25 KR, 50 KR, 100 KR, 500 KR Coins Freq. used10, 20, 50 senti, 1 KR Rarely used5 senti, 5 KR Demographics Date of introduction20 June 1992 ReplacedSoviet ruble (SUR) 10 SUR = 1 EEK Date of withdrawalDecember 31, 2010 (2010-12-31) Replaced byEuro (EUR) 15.6466 EEK = 1 EUR User(s)None, previously: Estonia Issuance Central bankBank of Estonia Websitewww.eestipank.ee Valuation Inflation2.8% SourceEuropean Central Bank, May 2010 MethodHICP EU Exchange Rate Mechanism (ERM) Since28 June 2004 Fixed rate since31 December 1998 Replaced by euro, non cash1 January 2011 Replaced by euro, cash14 January 2011 1 € =15.6466 KR Banddid not fluctuate This infobox shows the latest status before this currency was rendered obsolete.
The kroon (sign: KR; code: EEK) was the official currency of Estonia for two periods in history: 1928–1940 and 1992–2011. Between 1 January and 14 January 2011, the kroon circulated together with the euro, after which the euro became the sole legal tender in Estonia. The kroon was subdivided into 100 cents (senti; singular sent).