Instarem vs OFX Business: Which is better for your Business?
Choosing the right business account makes a big difference in how you manage your finances…
The Estonian Kroon (EEK) was the official currency of Estonia from 1992 to 2010 before being replaced by the Euro (EUR) on January 1, 2011. It was issued by the Bank of Estonia and originally introduced to replace the Soviet Ruble following Estonia's independence. The kroon was pegged to the German Mark (DEM) and later to the Euro (EUR) to ensure stability. The currency was subdivided into 100 senti, and banknotes ranged from EEK 1 to EEK 500. While it is no longer in circulation, Estonians were able to exchange kroons for euros at a fixed rate of 1 EUR = 15.6466 EEK indefinitely at the Bank of Estonia.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.