Banknotes of Estonia

The official currency of Estonia is the euro (EUR), issued by the Bank of Estonia, which transitioned to this currency on January 1, 2011. Prior to the euro, Estonia used the kroon (EEK), with paper money first introduced in 1918. A key moment in the currency's history was the redenomination in 2010, which saw the kroon replaced by the euro at a fixed rate of 15.6466 EEK to 1 EUR. Collectors are drawn to Estonia's banknotes for their unique designs and vibrant colors. The 2007 series, which marked the transition to euro usage, features intricate motifs including the national symbols of Estonia, such as the ornamental patterns inspired by traditional folk art. Each denomination showcases elements that reflect different aspects of Estonian identity and history, enhancing their appeal among enthusiasts.