Catalog
| Issuer | Bank of Estonia (Eesti Pank) |
|---|---|
| Year | 2011-2022 |
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| Composition | Copper plated steel |
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| Obverse description | The obverse features a stylised silhouette map of Estonia positioned centrally in the field, rendered in relief against a plain background. Encircling the map along the outer ring are twelve five-pointed stars, symbolic of the European Union. The year of issue and the country name EESTI appear as an inscription within or adjacent to the design, conforming to the standard national-side layout prescribed for Estonian euro coinage. The design was executed by engraver L. Lõhmus. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | 2018 EESTI (Translation: 2018 Estonia) |
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| Additional information |
Estonia joined the eurozone on January 1, 2011, making it the first former Soviet republic to adopt the euro. The timing was deliberate — the government had maintained its strict currency board arrangement with the Estonian kroon since 1992 specifically to qualify, and the 2008 financial crisis that knocked several eurozone members off course barely dented Estonia's fiscal discipline enough to delay accession.
All euro-denominated coins dated 2011 onward were struck at the Finnish Mint in Vantaa.