Converting from Croatian Kuna (HRK) to Euro (EUR)

What is Croatian Kuna (HRK)

The Croatian Kuna (HRK) is the official currency of Croatia. Its name, "kuna," means "marten" in Croatian and is derived from the historical trade of marten pelts. The Kuna was introduced in 1994, replacing the Croatian dinar at a rate of 1 kuna to 1,000 dinars. The currency is subdivided into smaller units known as lipa, where 1 kuna equals 100 lipa.

The Kuna features various designs, showcasing Croatian history and culture. On the front side of banknotes, you'll find images of notable figures and cultural symbols, while the reverse often displays important landmarks and national treasures. The coins are available in denominations of 1, 2, 5, 10, 20, and 50 lipa, as well as 1, 2, and 5 kuna.

As Croatia adopted the Euro on January 1, 2023, the Kuna is in the process of being phased out. The official conversion rate was set at 7.5345 Kunas to 1 Euro. While the transition phase allows both currencies to be used for a while, it is important to familiarize yourself with the Euro for financial transactions in Croatia going forward.

What is Euro (EUR)

The Euro (EUR) is the official currency of the Eurozone, which consists of 19 of the 27 European Union (EU) member countries. Introduced in 1999 for electronic transactions and 2002 for cash transactions, the Euro was created to facilitate trade and travel within Europe by providing a single currency. The symbol for the Euro is €.

The Euro is divided into 100 cents, and it comes in both coins and banknotes. Euro banknotes feature unique designs that represent various aspects of European architecture and culture. The coins are available in various denominations, including 1, 2, 5, 10, 20, and 50 cents, as well as 1 and 2 Euro coins.

Since the Euro provides a stable and common currency, it simplifies cross-border transactions and exchanges within the Eurozone. Many tourists and businesses prefer the Euro due to its global recognition and acceptance.

Converting HRK to EUR

When converting Croatian Kuna to Euros, you'll need to know the current exchange rate. The fixed conversion rate at the initial phase is set at:

1 EUR = 7.5345 HRK

To convert from Kuna to Euros, the formula is:

EUR = (HRK/7.5345)

For example, if you have 1,000 HRK, you can convert it to Euros as follows:

EUR = (1000/7.5345) ≈ 132.39 EUR

As you navigate this transition, remember to check for real-time exchange rates, as they can fluctuate based on market conditions.