Finnish markka — 1860 to euro continuity
Finnish markka: a historical unit of account.
- Dates in use
- Introduction and ending not established
- Ancestry branch
- Russian ruble
Where this money came from
11 ancestors · 1 descendant. Follow a name to its history. Select a dated connection for its evidence.
The story
The surviving evidence establishes this unit of account, but a fuller narrative is still being developed. Its known connections are shown above; the research page documents what is established and what remains uncertain.
Turning points
Territorial unit derivation
Inference: Finland introduced the markka as one quarter of a silver ruble in 1860, replacing rubles in accounts and transactions from 1863. A staged unit derivation within the Russian Empire, not instantaneous withdrawal of every Russian coin. [1]
Redenomination
One new Finnish markka replaced 100 old markkaa. [2]
Euro monetary substitution
1 EUR = 5.94573 FIM. Finland: euro adoption 1999-01-01; cash 2002-01-01. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. [3] [4] [5]
Euro cash changeover
Finland: euro adoption 1999-01-01; cash 2002-01-01. [4]
Sources and evidence
- Bank of Finland · Bank of Finland 200 years, part I — Imperial Cashier to Central Bank C860 ↗
- Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 C861 ↗
- Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026 C670 ↗
- Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C671 ↗
- Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C646 ↗
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Cite this page
“Finnish markka — 1860 to euro continuity.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000791.html