Estonian kroon (EEK)

ISO number: 233
ISO text: EEK
Name: Estonian kroon

The kroon (sign: kr; code: EEK) is the currency of Estonia. It is subdivided into 100 senti (singular sent). The word kroon (English: crown) is related to that of other Nordic currencies (such as the Swedish krona and the Danish and Norwegian krone) and derived from the Latin word corona ("crown"). The kroon succeeded the mark in 1928 and was in use until the Soviet invasion in 1940, after which it was replaced by the Soviet ruble. Upon regaining independence in 1992 the kroon was reintroduced. The euro will replace the kroon on 1 January 2011.