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Currency history

Estonian interwar currency — mark and kroon

Estonian interwar currency: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
Prussian thaler

Its place in the family

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Estonian interwar currency

This currency

Children 1

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The story

The kroon replaced 100 Estonian marks. [1]

Estonia introduced Soviet rubles at 1.25 rubles per kroon. Kroons temporarily co-circulated; the displayed ratio is kroons per ruble. [2]

Turning points

Account-unit observation

Official bank dates the establishment decision30 November 1918; explicit obligation substitution is documented2 May 1919. Keep separate decision and operational anchors. [3]

Unit standard adoption

The Estonian mark was initially defined at parity with the ostmark. Initial standard, not proof of exclusive replacement of every circulating currency. [4]

Withdrawal

Estonian kroons lost validity under Soviet occupation. [5]

Sources and evidence

  1. Eesti Pank Museum · History of Estonian money C819 ↗
  2. Eesti Pank · History of Eesti Pank C820 ↗
  3. Eesti Pank Museum · History of Estonian money; Estonian Provisional Government; transcription collected by Pekka Linnainen · Ajutise Walitsuse poolt2.mail 1919.a.wastuwõetud määrus wäljamaa rahade asjus C1528 ↗
  4. Eesti Pank Museum · History of Estonian money C818 ↗
  5. Eesti Pank Museum · History of Estonian money C821 ↗

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Cite this page

“Estonian interwar currency — mark and kroon.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000878.html

Editorial evidence supplement · Download dataset v44

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