For foreigners coming to Estonia, dealing with a different currency can be a headache, and exchange rates fluctuate.But no worries! This might be the best summer to come to Europe for a long time, thanks to Greece, which has been hiding budget deficits and driving the Euro down on the dollar. There's even some talk that the Euro might collapse completely. That would be ... exciting.
Estonia has its own currency, the kroon ('crown' or 'cr-own' is the correct pronunciation - 'crow-nee' is the plural).
The kroon is linked to the Euro at a fixed rate, so when the Euro drops, so does the kroon against the dollar.
About 10 years ago, when the dollar was really strong, 1 dollar would buy 19 krooni. A few months ago, it was 1 dollar for 9. Now it's about 11.7 and rising again.
We suggest if you are new to dealing with currencies, you print out some cheat sheets to help you, both in Euros and krooni, and any other country you are going to visit, before you come here.
