Convert USA Dollars (USD) to Estonian Kroon EEK

Currency converter calculators
for USA Dollars (USD) to Estonian Kroons today currency exchange ratio:

Our sponsors:

Date for today: Friday 18th of May 2012 05:19:21 AM
Choose currency

Enter the unit of currency for which you are interested and click next table. If you enter 1 Estonian Kroon for example, you will receive its equivalent in Dollars, Euros, Dinars, Liras, Levs, Rubles etc. You can enter any arbitrary amount of currencies below. Rates are updated daily and accuracy is provide by Google gadgets.

The kroon (sign: KR; code: EEK) is the currency of Estonia. It is subdivided into 100 senti (singular sent). The word kroon, meaning "crown", is related to that of other Nordic currencies (such as the Swedish krona and Norwegian krone) and to the Latin word corona ("crown").. To compare the price of Estonian Kroon to other currencies you can use the following currency converter

Estonian Kroon

Banknotes of Estonian Kroon

In 1992, banknotes were introduced in denominations of 1, 2, 5, 10, 25, 100 and 500 krooni. Some of the 5, 10, 25, 100 and 500 krooni notes were dated 1991. In 1994, a 50 krooni note was introduced.

Notes of Estonian Kroon in circulation:

1 kroon (1992),

2 krooni (1992;2006;2007),

5 krooni (1991;1992;1994),

10 krooni (1991;1992;1994;2006;2007),

25 krooni (1991;1992;2002;2007),

50 krooni (1994),

100 krooni (1991;1992;1994;1999;2007),

500 krooni (1991;1994;1996;2000;2007).

The 1 kroon notes are no longer issued. The 50 krooni notes are not very popular in Estonia and are not seen in everyday circulation very often.

500 Estonian Kroons

Economy of Estonia

Estonia is a member of the European Union and a developed market economy.
Before the Second World War Estonia's economy was based on agriculture, but there was a significant knowledge sector (with Tartu known for scientific contributions) and growing industrial sector, similar to Finland. Products such as butter, milk and cheese were widely known on the western European markets. Main markets were Germany and United Kingdom, and only 3% of all commerce was with the neighbouring USSR. The USSR's forcible annexation of Estonia in 1940 and the ensuing Nazi and Soviet destruction during World War II crippled the Estonian economy.

Post-war Sovietization of life continued with the integration of Estonia's economy and industry into the USSR's centrally planned structure. Estonia and Finland had about the same GDP per capita before Estonia became a socialist economy. By 1987, the capitalist Finland's GDP per capita was 14,370 USD and the socialist Estonia's GDP per capita was around 2,000 USD.