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Estonia (EEK) Estonian Kroon
The Kroon, currency code EEK, is the official currency of Estonia. It is divided
into 100 senti. The kroon replaced the mark in 1928, but in 1940, due to the
Soviet invasion, the kroon was taken over by the Russian ruble. The currency was
brought into force again in 1992.
Currently in circulation
Coins in circulation are 5, 10, 20 and 50 senti and 1 kroon. 5 senti coins are
not given out any longer but are still legal tender and the 5 kroon coins are
hardly seen in circulation. Banknotes are available in the denominations of 1,
2, 5, 10, 25, 50, 100 and 500 kroon. The 1 kroon notes are no longer tendered
and the 50 kroon are hardly seen in day-to-day circulation.
Exchange facilities and traveller’s cheques
It is easy to change foreign currency at hotels, banks, exchange bureaux in
major cities, at the airport and at the main railway station. Traveller’s
cheques that are easily accepted are those from Amex, Thomas Cook and Eurocheque.
Using credit/debit cards
You can use your credit or debit cards to get cash from various cash points in
the country. All major hotels, restaurants and retail outlets accept credit
cards.
Restrictions
As has been declared in all EU countries, a person travelling to and from a
country outside of the European Union is required to declare cash at the place
of arrival or departure if the sum being carried exceeds Є10,000. This includes
apart from cash, cheques, traveller’s cheques and money orders. However, the
rule is not applicable to those travelling to or from another EU country.
Estonia: An overview
Estonia is a small country and surprisingly enough, you can travel from one
corner of the country to the other in a matter of a few hours. Estonia has
existed for almost thirteen centuries and has a rich cultural heritage. It has a
remarkable diversity of picturesque landscape, flora, seasons and climate
variations within just a few kilometres radius. The nation’s capital of Tallinn
is becoming increasingly popular with city break tourists who are drawn by its
breathtaking architecture and general history.
The cost of living generally depends on your demands. It is comparatively low as
compared to the other European countries. A meal at a medium range restaurant
will cost you about 7 Euro/£6/$9 to 8 Euro/£7/$10 while beer at a bar would cost
you Euro 1.5/£1.30/$2 for a bottle.
