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Estonian Kroon
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The kroon is the currency of Estonia. It is subdivided into 100 senti (singular sent). The word kroon, meaning "crown", is related to that of other Nordic currencies (such as the Swedish krona and Norwegian krone) and to the Latin word corona ("crown"). The kroon became the currency of Estonia on 1 January 1928. It replaced the mark at a rate of 100 marka = 1 kroon. The kroon was subdivided into 100 senti. Sir Walter J. F. Williamson, a financial expert at the League of Nations, was hired in 1927 for the execution of the reforms. He worked as a counsellor for Eesti Pank until 1932. In 1927,…mehr

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Produktbeschreibung
The kroon is the currency of Estonia. It is subdivided into 100 senti (singular sent). The word kroon, meaning "crown", is related to that of other Nordic currencies (such as the Swedish krona and Norwegian krone) and to the Latin word corona ("crown"). The kroon became the currency of Estonia on 1 January 1928. It replaced the mark at a rate of 100 marka = 1 kroon. The kroon was subdivided into 100 senti. Sir Walter J. F. Williamson, a financial expert at the League of Nations, was hired in 1927 for the execution of the reforms. He worked as a counsellor for Eesti Pank until 1932. In 1927, Nikolai Köstner was nominated the Minister of Finance's representative at Eesti Pank. In 1928, he became the government's commissioner at the Bank.