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Currency history

Estonian kroon — restored 1992 currency

Dates in use
Introduction and ending not established
Ancestry branch
Russian ruble

Its place in the family

All ancestors and descendants ↗
Estonian kroon — restored 1992 currency: documented and qualified family connections PARENTS THIS CURRENCY CHILDREN Russian ruble — Muscovite, Imperial, Soviet and Russian account continuityRussian ruble 1992 · DocumentedEstonia generally exchanged 10 rubles perkroon. Cash above 1,500 rubles used 50:1;Documented connection · 1992 · Estonia generally exchanged 10 rubles per kroon. Cash above 1,500 rubles used 50:1; do not apply 10:1 to every holding. Estonian kroon — restored 1992 currencyEstonian kroon Currency history Later adoption · see history below

Parents 1

Estonian kroon

This currency

Children 0

Later adoption of an existing currency is explained below.

Trace its ancestry backward

Russian ruble

Account tradition documented before 1704; still in use

Earlier ancestry is not established here.

Explore all incoming and outgoing connections →

The story

The surviving evidence establishes this unit of account, but a fuller narrative is still being developed. Its known connections are shown above; the research page documents what is established and what remains uncertain.

Replacement by an existing currency

This conversion belongs to the history of the retiring unit. It does not make that unit an ancestor of the currency adopted.

Turning points

Territorial currency separation

Estonia generally exchanged 10 rubles per kroon. Cash above 1,500 rubles used 50:1; do not apply 10:1 to every holding. [1]

Name revival

The restored kroon revived the interwar currency name and symbols. [2]

Euro monetary substitution

1 EUR = 15.6466 EEK. Estonia: euro adoption January 1, 2011; cash January 1, 2011. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. [3] [4] [5]

Euro cash changeover

Estonia: euro adoption January 1, 2011; cash January 1, 2011. [4]

Sources and evidence

  1. Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025
  2. Eesti Pank Museum · History of Estonian money
  3. Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026
  4. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026
  5. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026

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Cite this page

“Estonian kroon — restored 1992 currency.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-13; data version v44. https://familytreeofmoney.org/currency/T-FTM000803.html

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