Cryptocurrency Q&A Are kunas still accepted in Croatia?

Are kunas still accepted in Croatia?

Chiara Chiara Thu Oct 10 2024 | 5 answers 907
I'm wondering if the kuna, which was the official currency of Croatia in the past, is still being accepted in the country as a valid form of payment. Are kunas still accepted in Croatia?

5 answers

emma_anderson_scientist emma_anderson_scientist Fri Oct 11 2024
After December 31, 2025, kuna coins will no longer be exchangeable at any institution, including the Croatian National Bank. This decision is aimed at streamlining the country's monetary system and reducing the circulation of outdated or unnecessary coins.

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KimonoElegantGlitter KimonoElegantGlitter Fri Oct 11 2024
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Riccardo Riccardo Fri Oct 11 2024
Effective January 1 of the upcoming year, the Croatian National Bank will become the sole institution authorized to facilitate the exchange of kunas. This measure underscores the central bank's role in maintaining currency stability and regulating the Flow of money within the country.

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Alessandro Alessandro Fri Oct 11 2024
The Croatian National Bank offers unlimited exchange of kuna banknotes, allowing individuals and businesses to convert their physical currency without any restrictions. This policy ensures seamless financial transactions and promotes economic fluidity.

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Alessandro Alessandro Fri Oct 11 2024
However, kuna coins will enjoy a more limited exchange period. Holders of kuna coins will have until December 31, 2025, to exchange them for other forms of currency or deposit them into their bank accounts. This deadline provides ample time for the public to adapt to the new regulations.

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