1 kroon coin (1934) of only 16 mm and on the front the inscription "Eesti" instead of "Eesti Vabariik". These coins are both made of gold as well as silver. Another re-issued version of the coin is about its original size, but the quality of the parts is much worse. In 2012, the 1934 one-kroon coin was voted "the prettiest coin ever to be in circulation in Estonia". 1 kroon coin (1934) The 1 kroon coin was put in circulation from 1 August 1934 to 25 March 1941, during the first independence period of Estonia. The exact number of coins minted is not known,
European Exchange Rate Mechanism letter to the Eurogroup in July 2018 on its desire to participate in ERM II. In theory, most of the currencies are allowed to fluctuate as much as 15% from their assigned value. In practice, however, the currency of Denmark deviates very little. The former members of ERM II are the Greek drachma, Slovenian tolar, Cypriot pound, Estonian kroon, Maltese lira, Slovak koruna, Lithuanian litas and Latvian lats. European Exchange Rate Mechanism The European Exchange Rate Mechanism (ERM) was a system introduced by the European Economic Community on 13 March 1979, as part of the European Monetary System (EMS), to