GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the national currency of Estonia?
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Estonian rubles
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Estonian Mark
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Euroa
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Kroner
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Explanation:
Detailed explanation-1: -Under the “Implementation of Monetary Reform” decree of the Monetary Reform Committee of 17 June 1992 the Estonian kroon became the sole legal tender on 20 June the same year, starting from 4.00 a.m.
Detailed explanation-2: -As from 1 January 2011, Estonia is a member of the euro area and shares the same currency with over 330 million people in 17 Member States of the European Union.
Detailed explanation-3: -The euro is the official currency of Estonia, which is a member of the European Union.
Detailed explanation-4: -Living costs in Estonia are affordable and are considered to be lower than in most other European countries.
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