Which currency did Estonia use before adopting the euro in 2011?
Answer
Estonian kroon
Answer
Estonian kroon
Before adopting the euro in 2011, Estonia used the Estonian kroon.
Estonia introduced the kroon in 1992, shortly after restoring independence from the Soviet Union. It replaced the Soviet ruble and was designed to establish a stable national monetary system. The currency was initially pegged to the German mark and later linked to the euro through Estonia’s fixed exchange-rate arrangements.
The Bank of Estonia issued kroon banknotes and coins. The kroon was divided into 100 senti, and its ISO 4217 code was EEK. Estonia joined the European Union in 2004 and adopted the euro on 1 January 2011, making it the first Baltic state to do so.
The kroon is often confused with Latvia’s lats and Lithuania’s litas because all three Baltic countries had national currencies before joining the euro. Estonia’s euro changeover ended the kroon’s role as legal tender, although kroon notes and coins remain historical reminders of the restored republic.
Source: Wikipedia · fact-checked Sept. 2026