kroon

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kroon

 (krōn)
n. pl. kroon·i (krō′nē)
The primary unit of currency in Estonia before the adoption of the euro.

[Estonian, from German Krone, from Middle High German krōn, krōne, from Old High German korōna, from Latin corōna, crown (from the crown printed on the coin); see crown.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

kroon

(kruːn)
n, pl kroons or krooni (ˈkruːnɪ)
(Currencies) the former standard monetary unit of Estonia, divided into 100 senti
[Estonian kron, from German Krone krone2]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.kroon - the basic unit of money in Estonia
Estonian monetary unit - monetary unit in Estonia
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
In 1924, the first Estonian kroon was introduced, linked to the Swedish krona at 1:1.
While most customers (56%) were continuing to pay for goods in shops in the Estonian kroon, on 3 January, the European Commission says that 30% of those surveyed were using the euro alone and 90% were getting their change in euro, indicating that the changeover to the single currency is "running smoothly and according to plan," and that the figures are in line with those seen in Slovakia when it adopted the single currency in 2009.
The introduction of the Estonian kroon in June 1992, with only U.S.
"The Estonian kroon has functioned very well in its 18 years.
The European Central Bank said that it would, along with Estonia's Eesti Pank, monitor the Estonian kroon's movement against the euro.
Estonia has tried to pre-empt this problem by following a policy of pegging the Estonian kroon to the euro for several years.
The following year, the introduction of the Estonian kroon (4), which was the first independent currency of a republic of the former Soviet Union, helped to accelerate Estonia's ability to access and trade with markets of the west (Echikson 1994).
To arrest inflation, the government established a currency board, which tied the exchange rate of the Estonian kroon to the deutschmark and, later, the euro.
Average meal prices: Main courses in a restaurant will normally cost between 90 and 100 Estonian Kroon (pounds 3.90 - pounds 4.40) but cafes, bars and pubs often offer much cheaper alternatives.

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