Estonian kroon received real coverage with the reserves backing the kroon. The issue of treasury notes and exchange notes was terminated. In order to secure the credibility of the kroon, the Bank of Estonia exchanged kroon for foreign currency. All these measures restored confidence in the domestic banking and monetary sector, contributing to the economic reinvigoration of the country and to the improvement of the reputation of the Estonian state in the international arena. During the Great Depression in 1933, the kroon went off the gold standard, devalued 35% and obtained a currency peg with the Great Britain Pound (GBP) at 1
Marco Kroon years' research, recommended to Queen Beatrix of the Netherlands that Kroon be awarded the Military William Order for bravery shown during commando actions in Uruzgan. Queen Beatrix made Kroon a Knight (fourth class) of the Military William Order on 29 May 2009: the first time in 54 years that the honour had been given to an individual. In January 2010, Kroon and his girlfriend (aged 34) were named in a drugs case in The Netherlands. According to publications he was suspected of possession of drugs and of violating the gun law. A police investigation, which was sustained after two interrogations,