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Estonian interwar currency — mark and kroon: research record

Evidence coverage: 1918–1941. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Estonian interwar currency — mark and kroon

T-FTM000878 · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Dated observations: 1918–1941; this does not establish the entire lifetime.

Parents / predecessors

German mark — 1871–1948 continuityregional account unit branch · 1919
↗

Children / successors

Russian ruble — Muscovite, Imperial, Soviet and Russian account continuityabsorbed into existing currency · 1940-11 · later absorption or contribution
↗

Siblings

Unit and issue records 2 records

Evidence within this identity, not separate currencies.

Estonian markFTM000877 · C818, C819
Estonian kroon — 1928 scaleFTM000879 · C819, C820, C821, C825

Standards and other context

standard alignment

The Estonian mark founding standard referenced the Ostmark; this standard reference is retained as context and excluded from ancestry traversal.

C818, C1648

Latest research

Historical account research

Official bank dates the establishment decision30 November1918; explicit obligation substitution is documented2 May1919. Keep separate decision and operational anchors.

Sources and qualifications →
Historical account research

Old mark-denominated claims expressly become payable in Estonian marks.

Sources and qualifications →
Modern account-unit review

The Estonian mark founding standard referenced the Ostmark; this standard reference is retained as context and excluded from ancestry traversal. Retain supported optional standard_reference, not ancestry; keep_qualified denotes unresolved proposed ancestry only. Do not downgrade existing parity fact.

Sources and qualifications →

Account-unit observations

Dated evidence, not exact birth or extinction dates.

1918–1919supported

Official bank dates the establishment decision30 November1918; explicit obligation substitution is documented2 May1919. Keep separate decision and operational anchors.

C1528

Reforms within this currency

1928-01-01Redenomination

The kroon replaced 100 Estonian marks.

100 Estonian mark per 1 Estonian kroon — 1928 scaleV0158 · The kroon replaced 100 Estonian marks.

C819
Monetary history 3 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

1918-11-30Unit standard adoption

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

C818
1928-01-01Redenomination

The kroon replaced 100 Estonian marks.

C819
1941-03-25Withdrawal

Estonian kroons lost validity under Soviet occupation.

C821
Evidence & research notes 9 claims

Dated observations, not a proven complete lifespan.

Supported C818

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

Eesti Pank Museum · History of Estonian money Citation S410 · Open source ↗

Estonian mark; first kroon; occupation; second kroon sections

Source access and limitations

The museum simplifies Soviet reforms.

Record their existence, but do not infer a universal 1947 conversion rate or uninterrupted territorial use.

Supported C819

The kroon replaced 100 Estonian marks.

Eesti Pank Museum · History of Estonian money Citation S410 · Open source ↗

Estonian mark; first kroon; occupation; second kroon sections

Source access and limitations

The museum simplifies Soviet reforms.

Record their existence, but do not infer a universal 1947 conversion rate or uninterrupted territorial use.

Supported C820

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

Eesti Pank · History of Eesti Pank Citation S411 · Open source ↗

20 June 1924; 1 January 1928; November 1940 entries

Supported C821

Estonian kroons lost validity under Soviet occupation.

Eesti Pank Museum · History of Estonian money Citation S410 · Open source ↗

Estonian mark; first kroon; occupation; second kroon sections

Source access and limitations

The museum simplifies Soviet reforms.

Record their existence, but do not infer a universal 1947 conversion rate or uninterrupted territorial use.

Supported C825

The restored kroon revived the interwar currency name and symbols.

Eesti Pank Museum · History of Estonian money Citation S410 · Open source ↗

Estonian mark; first kroon; occupation; second kroon sections

Source access and limitations

The museum simplifies Soviet reforms.

Record their existence, but do not infer a universal 1947 conversion rate or uninterrupted territorial use.

Supported C1528

Official bank dates the establishment decision30 November1918; explicit obligation substitution is documented2 May1919. Keep separate decision and operational anchors.

Eesti Pank Museum · History of Estonian money Citation S410 · Open source ↗

Estonian mark section; ordinance §§3,6

Source access and limitations

The museum simplifies Soviet reforms.

Record their existence, but do not infer a universal 1947 conversion rate or uninterrupted territorial use.

Estonian Provisional Government; transcription collected by Pekka Linnainen · Ajutise Walitsuse poolt2.mail 1919.a.wastuwõetud määrus wäljamaa rahade asjus Citation S875 · Open source ↗

Estonian mark section; ordinance §§3,6

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Substantive Estonian primary-law transcription inspected within research article. §3 contracts/goods offered only in Estonian marks and all claims denominated in marks fulfilled in same money. §6 amends occupation regulation by substituting Estonian marks for German and eastern marks.

DIGAR original issue landing page opened (https://dea.digar.ee/cgi-bin/dea?a=d&d=AKriigiteataja19190521.2.6); issue PDF403, so original scan was NOT inspected.

Supported C1533

Old mark-denominated claims expressly become payable in Estonian marks.

Estonian Provisional Government; transcription collected by Pekka Linnainen · Ajutise Walitsuse poolt2.mail 1919.a.wastuwõetud määrus wäljamaa rahade asjus Citation S875 · Open source ↗

section Säännökset aikajärjestyksessä, item19, §§1–3,6; Riigi Teataja21 May1919

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Substantive Estonian primary-law transcription inspected within research article. §3 contracts/goods offered only in Estonian marks and all claims denominated in marks fulfilled in same money. §6 amends occupation regulation by substituting Estonian marks for German and eastern marks.

DIGAR original issue landing page opened (https://dea.digar.ee/cgi-bin/dea?a=d&d=AKriigiteataja19190521.2.6); issue PDF403, so original scan was NOT inspected.

Supported C1648

The Estonian mark founding standard referenced the Ostmark; this standard reference is retained as context and excluded from ancestry traversal.

Eesti Pank · The first20years of Estonia’s independent economy in 1920–1940 (2025) Citation S780 · Open source ↗

Printed p9,PDF10; Estonian mark; first kroon; occupation; second kroon sections

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Eesti Pank Museum · History of Estonian money Citation S410 · Open source ↗

Printed p9,PDF10; Estonian mark; first kroon; occupation; second kroon sections

Source access and limitations

The museum simplifies Soviet reforms.

Record their existence, but do not infer a universal 1947 conversion rate or uninterrupted territorial use.

Supported C1707

The2 May1919 ordinance substituted Estonian marks for German/Ostmarks in the inherited monetary regulation and required mark-denominated claims to be discharged in Estonian marks.

Estonian Provisional Government; transcription collected by Pekka Linnainen · Ajutise Walitsuse poolt2.mail 1919.a.wastuwõetud määrus wäljamaa rahade asjus Citation S875 · Open source ↗

ordinance §§3,6

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Substantive Estonian primary-law transcription inspected within research article. §3 contracts/goods offered only in Estonian marks and all claims denominated in marks fulfilled in same money. §6 amends occupation regulation by substituting Estonian marks for German and eastern marks.

DIGAR original issue landing page opened (https://dea.digar.ee/cgi-bin/dea?a=d&d=AKriigiteataja19190521.2.6); issue PDF403, so original scan was NOT inspected.

Eesti Pank Museum · History of Estonian money Citation S410 · Open source ↗

ordinance §§3,6

Source access and limitations

The museum simplifies Soviet reforms.

Record their existence, but do not infer a universal 1947 conversion rate or uninterrupted territorial use.

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