Some €45.9m worth of old currency still not exchanged (2)

The kroon was taken out of circulation in 2011, yet millions worth of bank notes and coins in the old currency remain in people's hands. (Postimees/Scanpix)
1/2/2017 10:35 AM
Source: BNS
Category: News

At the beginning of 2017, six years after the euro replaced the Estonian kroon, €45.9m in Estonian kroons still remained in people’s hands, including bank notes worth €39.2m and coins worth €6.7m.

In 2016, bank notes worth around €550,000 were exchanged at the Bank of Estonia, and some €6,000 in old currency coins, spokesman Viljar Raask told BNS.

“The exchanged bank notes are mechanically counted and destroyed automatically in the process,” Raask added.

Estonia adopted the euro on Jan. 1, 2011. From 2014 onwards kroons can only be exchanged for euros at the Bank of Estonia’s museum in Tallinn.

Editor: Dario Cavegn

The name field cannot be empty
No more than 50 characters
Comment field cannot be empty
No more than 50 characters
Comment field cannot be empty
No more than 1024 characters
{{error}}

Message forwarded to the editor

This Ip-address has limited access

There are no comments yet. Be the first!

Reply to comment

+{{childComment.ReplyToName}}:
Reply to comment
Reply

Laadi juurde ({{take2}})
The name field cannot be empty
No more than 50 characters
Comment field cannot be empty
No more than 1024 characters
{{error}}
Add new comment

RECENT STORIES

Features