2 Euros Centenary of the Tartu Peace Treaty

The Treaty of Tartu, signed on 2 February 1920, ended the Estonian War of Independence and established the border between Estonia and Soviet Russia — the first international treaty in which Russia formally recognized an Estonian state. For Estonia, it functioned as the foundational document of sovereign statehood, and the centenary carried particular weight given that Soviet occupation had spent decades denying the treaty's legitimacy entirely.

Finland issued a companion commemorative the same year; both nations had fought parallel wars of independence against Bolshevik forces and ratified their respective peace treaties within months of each other.