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2 Krooni
| Issuer | Eesti Pank (Bank of Estonia) |
|---|---|
| Year | 1992 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | EESTI PANK 2 KAKS KROONI K. E. VON BAER 1792-1876 PRESIDENT NOUKOGU LIIGE 1992 (Translation: Bank of Estonia / Two / Two Kroon / K. E. von Baer / 1792-1876 / President / Board Member / 1992) |
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| Reverse lettering | EESTI PANK 2 KROONI EP KAKS KROONI (Translation: Bank of Estonia / Two / Kroon / EP / Two Kroon) |
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| Comments |
Estonia restored the kroon in June 1992, replacing Soviet rubles at a fixed rate of 10 rubles per kroon — a deliberate hard peg to the Deutsche Mark at 8 EEK to 1 DEM, backed by gold reserves that had been held in Western banks since the original Soviet occupation in 1940. Giesecke & Devrient produced the entire first series under considerable political urgency; the currency reform was executed in under a week to prevent ruble outflows destabilizing the transition.
The 2 krooni is the lowest denomination in that first post-restoration series. A watermark serves as the sole mechanical security feature — modest by contemporary standards, though adequate given the note's low face value.