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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 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.
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.
Denmark is the only EU member state which has been granted an exemption from using the euro. [1] Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.
Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica Grenada
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 Croatian National Bank (Croatian: Hrvatska narodna banka; pronounced [xř̩ʋaːtskaː nǎːrodnaː bâːŋka]), known until 1997 as the National Bank of Croatia (Croatian: Narodna banka Hrvatske), is the Croatian member of the Eurosystem and has been the monetary authority for Croatia from 1991 to 2022, issuing the Croatian dinar until 1994 and subsequently the Croatian kuna until ...
Croatian money can refer to: Croatian dinar (Croatian currency until 1994) Croatian kuna and lipa (Croatian currency since 1994) Independent State of Croatia kuna, a former Croatian currency used during World War II; Frizatik, a medieval Croatian currency