The Baltic states of Estonia, Latvia and Lithuania had joined the European Union on the 1st May 2004. All the new member states of the EU are obliged to join the eurozone once they meet the strict Maastricht criteria. Before a country is allowed to join the euro it must stay…Continue
Added by euroHOBBY on July 20, 2013 at 15:19 — No Comments
According to the website EuroBillTracker, the Estonian 20 euro banknotes just started to appear in circulation in France. Estonian euro banknotes have their serial code…Continue
Added by euroHOBBY on May 8, 2013 at 21:00 — No Comments
Design Selection Process
On the 15th December 2004, the Governor of Eesti Pank, Vahur Kraft, disclosed the winner of the competition for the design of the national side of Estonian euro coins. The winning design was by Lembit Lõhmus who received…Continue
Added by euroHOBBY on January 20, 2013 at 12:53 — No Comments
Today, Eesti Pank issued a silver €12 collector coin dedicated to the XXX Summer Olympic Games in London. One coin costs 40 euros and…Continue
This year, Eesti Pank is supplementing the stock of circulation coins by 1- and 2-cent coins. The new coins are released today…Continue
This coin was issued in 2 stages;…
The above set is now available for sale from the central bank of Estonia official eSHOP, 3500 sets were made and each set is being sold for €98 - each person can…Continue
Estonia this September will issue its first set of standard coins in Proof version. The set will include all the 8 standard coins from the 1c up to €2. The mintage volume will be very low, only 3,500 sets will be made. Once issued they will be put for sale on the Eesti Post website here…Continue
Estonia next year will issue its first 2 euro commemorative coin to commemorate the 10 Years since euro banknotes and coins started to circulate in back then the 12 nations of the euro area. This coin will be issued in all the current 17 euro area countries. Estonia will mint 2,000,000 of this coin and has no plans to…Continue
“Many people will certainly want to keep the sents, many sents have been lost and many have travelled abroad in the pockets of foreigners,” Banking Association…
According to the forum numisforum.eu Estonia had minted the following volumes;
2 Euro .....,... 1 Euro ........ 50 Cent ....... 20 Cent ...... 10 Cent ....... 5 Cent ........ 2 Cent ......... 1 Cent…
Added by euroHOBBY on January 21, 2011 at 20:20 — No Comments
A coinset of Estonia's euro coins consisting of eight Estonian euro circulation coins, i.e. one coin from every denomination, will be presented in a folder as shown in the image above. It represents Estonia's nature and has been designed by artists Tiiu Pirsko and Mati Veermets. The price of the coinset…Continue
The Estonian Euro Changeover is now completed and the only legal currency in Estonia is the euro. Today we pasted the final statistics about the euro changeover in Estonia. This topic will now be archived. I hope that you enjoyed all the images, videos and…Continue
Added by euroHOBBY on January 17, 2011 at 17:37 — No Comments
The dual circulation period ended on Friday 14 January and the euro is now the only official currency in Estonia.
Thanks to careful preparations, in close contact with the European Commission and the European Central Bank, the changeover has been very smooth and successful. No major problems…Continue
Added by Marko Porenta on January 17, 2011 at 17:23 — No Comments
Today, Friday 14 January, is the last day when shops in Estonia accept payments in Estonian kroons. As from Saturday 15 January, only the euro is legal tender in Estonia.
At the end of Thursday 13 January, 84 % of consumers were paying with euro only when using cash and Estonian retailers were providing change almost exclusively in euro…Continue
Added by Marko Porenta on January 14, 2011 at 14:26 — No Comments
At the end of Monday 10 January, 80 % of consumers were paying with euro only when using cash. A large majority paid with cash and virtually all (97 %) customers were receiving their change in their new currency, which shows that the Estonian retail sector is properly supplied with euro cash and able to provide change in euro.
On Monday 10 January, the…Continue
Added by Marko Porenta on January 11, 2011 at 20:35 — No Comments
Added by euroHOBBY on January 10, 2011 at 18:07 — No Comments
Thanks to careful preparations, the changeover is proceeding smoothly and according to plan. No major problems have been encountered so far and banks, post offices and retailers are generally coping well with the extra workload, although there have been some queues in banks and post offices during the first week-days of the changeover.
Added by euroHOBBY on January 6, 2011 at 17:35 — No Comments