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Croatia adopted the euro as its currency on 1 January 2023, becoming the 20th member state of the eurozone.A fixed conversion rate was set at €1 = kn 7.5345 [1]. Croatia's previous currency, the kuna (Croatian for marten), used the euro (and prior to that one of the euro's major predecessors, the German mark or Deutsche Mark) as its main reference since its creation in 1994, and a long-held ...
The Croatian euro coins are a set of euro coins currently being minted by the Croatian Mint since July 2022. [ 1 ] [ 2 ] [ 3 ] They are the official euro coins with the national motif of Croatia. The euro was introduced as a replacement for the Croatian kuna on 1 January 2023. [ 4 ]
The kuna (Croatian pronunciation:; sign: kn; code: HRK) was the currency of Croatia from 1994 until 2023, when it was replaced by the euro. The kuna was subdivided into 100 lipa. The kuna was subdivided into 100 lipa.
Several European microstates outside the EU have adopted the euro as their currency. For EU sanctioning of this adoption, a monetary agreement must be concluded. Prior to the launch of the euro, agreements were reached with Monaco, San Marino, and Vatican City by EU member states (Italy in the case of San Marino and Vatican City, and France in the case of Monaco) allowing them to use the euro ...
In the process of accession of Croatia to the European Union, the government decided to eventually replace the kuna with the euro (€, EUR). Following the entry into the ERM II regime in 2020, a fixed conversion rate was set at 1 € = 7.53450 kn in 2022, which was the final year for the kuna as Croatia replaced it with the euro on 1 January 2023.
The euro replaced the Croatian kuna on 1 January 2023. The exchange rate between the euro and kuna had been set on 12 July 2022 at 7.5345 HRK and similar to the previous launch of Slovenia, cash and non-cash transactions were introduced simultaneously on the same day and date the country also entered the Schengen Area.
Zinc coins were issued in denominations of 1 and 2 kuna in 1941. Circulations of the 1 kuna coin were insignificant which made the coin itself extremely rare. [5] One gold coin with two separate designs valued at 500 kuna was minted in 1941. It consisted of 9.95 grams of .900 fine gold, however it never entered circulation. [6]
The Croatian dinar replaced the 1990 version of the Yugoslav dinar at par on 23 December 1991. It was a transitional currency introduced following Croatia's declaration of independence. During its existence, the dinar declined in value by a factor of about 70. On 30 May 1994, the dinar was replaced by the kuna at a rate