kroon

American  

[kroon] / krun /

noun

plural

kroons, krooni

1. an aluminum bronze coin and monetary unit of Estonia from 1928 to 1940 and from 1992 to 2010, when it was replaced by the euro, equal to 100 marks or senti.

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kroon British  

/ kruːn /

noun

1. the standard monetary unit of Estonia, divided into 100 senti

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Etymology

Origin of kroon

< Estonian < Swedish krona krona

Example Sentences

Ministers say they never even considered devaluing what was then Estonia’s currency, the kroon, which would have derailed a 10-year plan to adopt the euro.

From BusinessWeek • Jul. 19, 2012

Had he been making Estonia’s decisions in 2009, he would have devalued the kroon.

From BusinessWeek • Jul. 19, 2012

Indeed, while the central banks of Germany, France and Estonia are vestiges of the Deutsche mark, French franc and Estonian kroon, they don't dictate many banking policies in their borders.

From The Wall Street Journal • Jun. 14, 2012

Estonia, which hopes to join the euro in January, saw its economy shrink 17% last year after it slashed government spending and refused to devalue the kroon.

From BBC • Dec. 21, 2010

Of key importance has been   the introduction of the kroon in August 1993 and the subsequent reductions   in inflation to 1%-2% per month.

From The 1993 CIA World Factbook by United States. Central Intelligence Agency