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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 koruna (meaning 'crown') has been fully convertible since 1995 and began to float in 1997. The Czech Republicdid intend to adopt the euro in 2012 but this heas been delayed to a later date.
1 EEK = 1.6086 CZK
Estonian KroonCzech Koruna
