Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /mnt/stor4-wc1-dfw1/392338/659480/ on line 211
World coins catalogue: Estonia became the 17th country to join the Euro Zone
world coins cataloguecatalogue of world coins
What's new ?
Russian Olympic Committee Centennial Coin
America the Beautiful Quarters Silver Proof 2012
India 2011 - New series of coins
Worlds Largest Gold Coin
New Coin Releases for June 2011 from Australia
Australia: The Royal Wedding 2011 Silver Proof Coin
Coin Collecting Calendar 2011
Royal Canadian Mint has released 2011 Silver Maple Leaf Coins
Chinese Dollar - Record on German Auction
US Mint: Schedule of Coin Product Release Dates
Estonia joins the Euro Zone
2011 Native American $1 Coin Design
Subscribe Subscribe
How to Learn Were an Australian Coin Was Minted
Commemorative coins
Old Coins - Where to Find
How to Clean Old Coins
Coins of The World: European Gold Coins
Subscribe Subscribe
Coin collecting terms
Coin abbreviations

Estonia became the 17th country to join the Euro Zone

On the 1st January 2011, Estonia became the 17th country to join the Euro Zone.

The Bank of Estonia commissioned the Finnish Mint to produce the eight denominations of coins which will go into circulation and will transport enough banknotes to satisfy the needs of the nations 1.4 million citizens. The coins were designed by artist Lembit Lhmus and they depict the contour of Estonias map. Weighing in at more than 600 tonnes, it will take about 30 truckloads to move the new Euro coins and banknotes which will then be transported by ship between Finland and Estonia.

It is expected that the change-over will last about two weeks and thereafter, Estonians will be using only the Euro in their daily transactions. Taking into consideration that the first monetary reform went without a hitch, it is likely that this new chapter in Estonias monetary history will proceed just as smoothly as that of 1992.


© 2006 Coins World. All rights reserved.