The euro is introduced in Croatia around the turn of the year. This makes the country the 20th member of the Eurosystem.
On this occasion, the Oesterreichische Nationalbank (OeNB) will exchange all Croatian kuna banknotes printed since 1993 free of charge from 2 January to 28 February.
Coins cannot be exchanged
However, the exchange is limited to 8000 kuna per day and transaction, coins cannot be exchanged. The exchange rate was set at 7.53450 kuna for one euro.
Croatia will be the 20th EU member state to adopt the single currency. In 2015, Lithuania was the last country to be admitted to the group of euro countries. Croatia has been trying to meet the eligibility criteria for years. The country on the Adriatic Sea has been part of the European Union since 2013.
Source: Krone
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