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The kroon was reintroduced as Estonia's currency in 1992, replacing the Soviet ruble. In 2004 Estonia joined the ERM2, the EU's exchange rate mechanism. The kroon is pegged to the Euro at 1 € = 15.6466 Krooni.
The Real, meaning 'royal, was first introduced by Portugese settlers and became Brazil's official currency in 1690. It was not sub-divided in smaller units. The modern real (plural reais) was introduced on July 1, 1994.
1 EEK = 0.1456 BRL
Estonian KroonBrazilian Real
