Everything about Estonian Mark totally explained
The
mark (plural
marka) was the
currency of
Estonia between 1919 and 1928. It was initially equivalent to the
German Papiermark, which had been circulating alongside the
Russian/Soviet ruble since the German occupation. It was divided into 100
penni. It was replaced in 1928 by the
Estonian kroon at a rate of 1 kroon = 100 marka.
Coins
Coins were issued in denominations of 1, 3, 5 and 10 marka between 1922 and 1926. The 1922 issues were struck in
cupro-nickel whilst the later issues were in nickel-bronze.
Banknotes
In 1919, treasury notes ("kassatäht") were issued in denominations of 5, 10, 20 and 50 penni, 1, 3, 5, 10, 25 and 100 marka along with 50 marka banknotes ("pangatäht"). Later, treasury notes were issued in demnominations up to 1000 marka, along with banknotes up to 5000 marka. Exchange notes ("vahetustäht") were also issued, in 1922, in denominations of 10 and 25 marka.
Further Information
Get more info on 'Estonian Mark'.
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