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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 dollar replaced the South African rand, which had been the country's currency while it was under South African rule as South-West Africa 1920-1990. The rand is still legal tender, as the Namibian dollar is linked to the South African rand and can be exchanged on a one-to-one basis locally.
1 EEK = 0.6452 NAD
Estonian KroonNamibian Dollar
