Estonian kroon Estonian kroon The kroon (sign: kr; code: EEK) was the official currency of Estonia for two periods in history: 1928–1940 and 1992–2011. Between 1 January and 14 January 2011, the kroon circulated together with the euro, after which the euro became the sole legal tender in Estonia. The kroon was subdivided into 100 cents ("senti"; singular "sent"). The word "kroon" (, “crown”) is related to that of the Nordic currencies (such as the Swedish krona and the Danish and Norwegian krone) and derived from the Latin word "corona" ("crown"). The kroon succeeded the mark in 1928 and was in use
Divisia monetary aggregates index by the European Central Bank, the Bank of Japan, the Bank of Israel, and the International Monetary Fund. Divisia monetary aggregates index In econometrics and official statistics, and particularly in banking, the Divisia monetary aggregates index is an index of money supply. It uses Divisia index methods. The monetary aggregates used by most central banks (notably the US Federal Reserve) are simple-sum indexes in which all monetary components are assigned the same weight: in which formula_2 is one of the formula_3 monetary components of the monetary aggregate formula_4. The summation index implies that all monetary components contribute equally to the