Central Banking

Estonian central bank finds public retaining kroons as memento

kroon-coins

According to a survey that was commissioned by the Bank of Estonia in December 2011, the majority of Estonian people still have kroon banknotes or coins, which they have kept as a memento after the currency switch to the euro.

The results of the survey, published on February 6, revealed that 81% of the 500 people asked had retained some kroon banknotes and coins. Of the respondents, 83% said they had kept the kroon cash as a memento, while 14% said they simply hadn't yet got round to exchanging

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