Currency

The official currency in Estonia is the Euro (EUR, €). Like in other 'euro zone' countries, the notes come in denominations of €5, €10, €20, €50, €100, €200 and €500. The denominations of coins are: 1, 2, 5, 10, 20 and 50 cents and €1 and €2.

The euro was introduced as official currency on January 1, 2011, replacing the Estonian kroon. The banks will exchange kroons to euro until the end of 2011.

Currently the 'euro zone' consists of the following European countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. In addition to the above, the euro is officially used in Andorra, Kosovo, Monaco, Montenegro, San Marino and Vatican.

Foreign Currency Exchange

Foreign currency can be exchanged at banks or independent money exchange offices (valuutavahetus) that can be also found in larger hotels, the airport, harbour, railroad station and major shopping centers. Avoid exchange offices at the airport or at sea ports, they offer the worst rates. Banks and exchange offices accept all major currencies.

ATMs

Automated Teller Machines (ATMs) are available in almost all Estonian towns. They operate on international networks such as Cirrus and Plus and foreign travelers can use them to withdraw money using their debit card or they can get a credit card cash advance.

Credit Cards

Credit cards are widely accepted in Estonia by Almost all larger hotels, stores and restaurants. Most popular cards are Visa and MasterCard, but many merchants also accept Eurocard, Diner’s Club and American Express. Most banks will give a cash advance on a credit card (passport will be required).

Traveler's Checks

Most widely accepted traveler's checks are Eurocheques, followed by Amex and Thomas Cook, but in general traveler's checks are difficult to cash, even at banks. Travelers are advised not to rely completely on traveler's checks to obtain cash in Estonia.

Banking Hours

Typically banks are open from 9:00am to 4:00pm, Monday to Friday, but many banks in Tallin close at 6:00pm. Exchange bureaus are open longer hours, many also on Saturdays and some on Sundays.

Current Euro Rates

For other currencies or conversion amounts go to Currency Converter

    

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