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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 ...
Since the introduction of the euro in 1999, the exchange rate between the two currencies rarely fluctuated to a substantial degree, remaining at a near constant 7.5:1 (HRK to EUR) rate. Croatia joined the European Union on 1 July 2013 and the Exchange Rate Mechanism on 10 July 2020 at a rate of 7.53450 HRK to €1. [11] [12]
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
The currency of Croatia is the euro, in use since 2023. ... By 6 May 1945, the exchange rate between the Kuna and Reichsmark was fixed at 120.00 Kn (Kuna) ...
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
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
The kuna replaced the Yugoslav dinar at par and was fixed to the Reichsmark with dual exchange rates, [citation needed] one fixed at 20 kuna = 1 RM, the other a state-stimulated rate of: 31 December 1941 - 25.00 Kn = 1 ℛℳ; 31 December 1942 - 37.50 Kn = 1 ℛℳ; 31 December 1943 - 40.00 Kn = 1 ℛℳ; 31 December 1944 - 80.00 Kn = 1 ℛℳ