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10 Krooni
The 10 krooni banknote (10 EEK) is a denomination of the Estonian kroon, the former currency of Estonia. Jakob Hurt (1839–1907), who was an Estonian folklorist, theologian, linguist and prominent social figure during the Estonian national awakening in the 19th–20th century, is featured with an engraved portrait on the obverse side of the banknote. The 10 krooni bill is sometimes called a ''"Hurt"''. A view of the Tamme-Lauri oak tree at Urvaste is featured on the reverse. The EEK has been withdrawn and replaced by the euro, but the 10 krooni can be exchanged indefinitely at the currency museum of Eesti Pank for €0.64. The History of the Banknote * 1991: first series issued by the Bank of Estonia; * 1992: second series issued; * 1994: third series issued; * 2006: fourth series issued; * 2007: fifth series issued; * 2011: withdrawn from circulation and replaced by the euro Security features Source: * 1991;1992 #The watermark of the three lions is visible when the no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Estonia
The economy of Estonia is an advanced economy and the country is a member of the European Union and of the eurozone. Estonia's economy is heavily influenced by developments in the Finnish and Swedish economies. Overview Before the Second World War, Estonia's economy was based on agriculture, but there was a significant knowledge sector, with the university city of Tartu known for scientific contributions, and a growing industrial sector, similar to that of neighbouring Finland. Products, such as butter, milk, and cheese were widely known in the west European markets. The main markets were Germany and the United Kingdom, and only 3% of all commerce was with the neighbouring USSR. Estonia and Finland had a relatively similar standard of living. The USSR's occupation and annexation of Estonia in 1940 and the ensuing Nazi German and Stalinist Soviet destruction during World War II crippled the Estonian economy. The subsequent Soviet occupation and post-war Sovietization of life cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonian Mark
The Estonian mark ( et, Eesti mark) was the currency of Estonia between 1918 and 1927. It was initially equivalent to the German ostmark, which had been circulating alongside the Imperial rouble since the German occupation. It was divided into 100 ''penns'' (in Nominative case: ''penn''). It was replaced in 1928 by the Estonian kroon at a rate of 1 kroon = 100 marka. Until 1919 there were also Russian rubles, German ostrubels and Finnish marks in circulation. Coins Coins were issued in denominations of 1, 3, 5, and 10 marka between 1922 and 1926. The 1922 issues were struck in cupro-nickel Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimu ... whilst the later issues were in nickel-bronze. Banknotes In 1919, treasury notes ("kassatäht") were issued in denominations of 5, 10, 20, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Board
In public finance, a currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target. In colonial administration, currency boards were popular because of the advantages of printing appropriate denominations for local conditions, and it also benefited the colony with the seigniorage revenue. However, after World War II many independent countries preferred to have central banks and independent currencies. Although a currency board is a common (and simple) way of maintaining a fixed exchange rate, it is not the only way. Countries often keep exchange rates within a narrow band by regulating balance of payments through various capital controls, or though international agreements, among other methods. Thus, a rough peg may be maintained without a currency board. Features of "orthodox" currency boards The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonian Euro Coins
Estonian euro coins feature a single design for all eight coins. This is a design by Lembit Lõhmus and features a silhouette map of Estonia together with the word Eesti (Estonia) and twelve stars, symbolic of the European Union, surrounding the map. This was the winning design in a public vote of ten announced in December 2004. Estonian euro coins entered circulation on 1 January 2011. Estonia is the fifth of ten states that joined the EU in 2004, and the first ex-Soviet republic to join the eurozone. History Of the ten new EU member states, Estonia was the first to unveil its design. The country originally planned to adopt the euro on 1 January 2007; however, it did not formally apply when Slovenia did, and officially changed its target date to 1 January 2008, and later, to 1 January 2011. On 12 May 2010, the European Commission announced that Estonia had met all criteria to join the eurozone. On 8 June 2010, the EU finance ministers agreed that Estonia would be able to join ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Related To The Euro
The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to the pre-euro currencies, such as in Monaco. Four small states have been given a formal right to use the euro, and to mint their own coins, but all other usage outside the eurozone (the EU states who have adopted the euro) has been unofficial. With or without an agreement, these countries, unlike those in the eurozone, do not participate in the European Central Bank or the Eurogroup. Its international usage has also grown as a trading currency, acting as an economic or political alternative to using the United States dollar. Its increasing usage in this sense has led to its becoming the only significant challenger to the U.S. dollar as the world's main reserve currency. International adoption Sovereign states Several European microsta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
10-1991b
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
10-1991a
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Estonia
Bank of Estonia ( et, Eesti Pank) is the central bank of Estonia as well as a member of the Eurosystem organisation of euro area central banks. The Bank of Estonia also belongs to the European System of Central Banks. Until 2010, the bank issued the former Estonian currency, the kroon. The Governor of the Bank of Estonia, currently Madis Müller, is a member of the Governing Council of the European Central Bank. TALIBOR Prior to the introduction of the euro, TALIBOR or the Tallinn Interbank Offered Rate was a daily reference rate based on the interest rates at which banks offer to lend ''unsecured'' funds to other banks in the Estonian wholesale money market (or interbank market in Estonian kroons). TALIBOR was published daily by the Bank of Estonia, together with TALIBID (Tallinn Interbank Bid Rate). TALIBOR was calculated based on the quotes for different maturities provided by reference banks at about 11.00 am each business day by disregarding highest and lowest qu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tamme-Lauri Oak Tree
The Tamme-Lauri oak ( et, Tamme-Lauri tamm, vro, Tammõ-Lauri tamm) is a large common oak. It is the thickest and oldest tree in Estonia and is located in Antsla Parish, Võru County. The height of the tree is , and the circumference is , measured from the ground. According to researchers, the tree was planted around 1326. The oak has been hit repeatedly by lightning, damaging the branches and hollowing out the center. During restoration in the 1970s an old hideout of the Forest Brothers was found inside the cavity. Seven people could stand inside the tree before it was filled with of reinforced concrete. The tree is still viable, although it has lost its top because of the lightning strikes. The name of the Tamme-Lauri oak comes from the Tamme-Lauri farm, which in turn got its name from the spirit that was thought to live in the oak, bringing bad and sometimes good luck. It was the spirit of fire called Laurits. The Tamme-Lauri oak is depicted on the reverse of the Eston ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
