5 krooni
   HOME

TheInfoList



OR:

The 5 krooni banknote (5 EEK) is a denomination of the
Estonian kroon The kroon (sign: KR; code: EEK) was the official currency of Estonia for two periods in history: 1928–1940 and 1992–2011. Between 1 January and 14 January 2011, the kroon circulated together with the euro, after which the euro became the sole ...
, the former currency of
Estonia Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, a ...
.
Paul Keres Paul Keres (; 7 January 1916 – 5 June 1975) was an Estonian chess grandmaster and chess writer. He was among the world's top players from the mid-1930s to the mid-1960s, and narrowly missed a chance at a World Chess Championship match on five ...
(1916–1975), an Estonian international Grandmaster and prominent chess theorist, is featured with an engraved portrait on the obverse. The reverse features a panoramic view of the
Hermann Castle Hermann Castle ( et, Hermanni linnus, russian: Замок Герман; also known as Hermannsfeste, Herman Castle, Narva Castle (russian: На́рвский за́мок), and Narva fortress) is a castle in Narva, eastern Estonia. It was found ...
in the Estonian city of
Narva Narva, russian: Нарва is a municipality and city in Estonia. It is located in Ida-Viru County, Ida-Viru county, at the Extreme points of Estonia, eastern extreme point of Estonia, on the west bank of the Narva (river), Narva river which ...
and, across the
Narva river The river Narva ( et, Narva jõgi; russian: Нарва), formerly also Narova flows north into the Baltic Sea and is the largest Estonian river by discharge. A similar length of land far to the south, together with it and a much longer interm ...
, the neighbouring
Ivangorod Fortress Ivangorod Fortress (russian: Ивангородская крепость, et, Jaanilinna linnus, vot, Jaanilidna) is a 15th century castle in Ivangorod, Leningrad Oblast, Russia. It is located on the east bank of the Narva river which curre ...
. The 5 krooni banknote was first issued in June 1992, shortly after the restoration of the independent Republic of Estonia in August 1991, and it remained in circulation until the kroon was replaced by the
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 . ...
. A 5 krooni coin was also minted but the banknote was in circulation in much greater numbers. As of now, the note can be exchanged indefinitely at the currency museum of Eesti Pank for €0.32.


History of the banknote

* 1991: first series issued by the
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 ...
; * 1992: second series issued; * 1994: third 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 note is horizontal, but springs to life when the note is held against the light. The watermark is in two parts on the edges of the note. #Each note contains a security thread. #The portraits are printed in the main colour of the note and their raised surface can be felt with the fingertips. #Each note has an individual serial number. The horizontal number on the left is printed in black and the vertical number on the right is printed in a different colour on each denomination. #When the note is held at an angle to the light, the denomination of the note can be seen. * 1994 #New colour tints have been used in these areas. #Silver ink has been incorporated into the note. #A new style serial number appears on the right-hand side, in a different colour for each denomination. #When the note is held up to the light, printed areas on the back of the note fill the unprinted areas on the front of the note.


See also

*
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 ...
* Estonian euro coins *
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 exchan ...
*
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 ...
*
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 ...


References


External links


Global Financial Data data series - Estonia Kroon

The Global History of Currencies - Estonia
{{Estonian currency and coinage Currencies of Estonia Five-base-unit banknotes