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	The national currency of Estonia is called the Kroon and was introduced on 20 June 1992. The Kroon is abbreviated as EEK. The smaller unit is called the Sent, 1 kroon = 100 sents. The kroon is pegged to the EURO at 1 EUR = appr. 15.65 EEK. After centuries of Danish, Swedish, German, and Russian rule, Estonia attained independence in 1918. Forcibly incorporated into the USSR in 1940, it regained its freedom in 1991, with the collapse of the Soviet Union. Since the last Russian troops left in 1994, Estonia has been free to promote economic and political ties with Western Europe. It joined both NATO and the EU in the spring of 2004.
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The national currency of Estonia is called the Kroon and was introduced on 20 June 1992. The Kroon is abbreviated as EEK. The smaller unit is called the Sent, 1 kroon = 100 sents. The kroon is pegged to the EURO at 1 EUR = appr. 15.65 EEK.

After centuries of Danish, Swedish, German, and Russian rule, Estonia attained independence in 1918. Forcibly incorporated into the USSR in 1940, it regained its freedom in 1991, with the collapse of the Soviet Union. Since the last Russian troops left in 1994, Estonia has been free to promote economic and political ties with Western Europe. It joined both NATO and the EU in the spring of 2004.

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