5 Krooni
Encyclopedia
The Estonia
n 5 Krooni bill (5 EEK) is a denomination
of the Estonian currency
. Paul Keres
(1916–1975), who was a world famous Estonia
n chess player
, international
Grandmaster, prominent chess theorist, is featured with an engraved portrait on the front side of the bill.
On the reverse side of the bill features Hermann Castle
founded in 1256 by the Danes
and Ivangorod Fortress
established by Ivan III in 1492. The 5 Krooni bill is not one of the primary banknotes dispensed by ATMs in Estonia as well as the primary bill used for withdrawals or cashing checks. It is, however, one of the smallest denomination note most commonly used by Estonians on an everyday basis.
Estonia
Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...
n 5 Krooni bill (5 EEK) is a denomination
Denomination (currency)
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. See also Redenomination.-Subunit and super unit:...
of the Estonian currency
Estonian kroon
In 1992, coins were introduced in denominations of 5, 10, 20 & 50 senti, as well as 1 kroon. The 1 kroon was struck in cupronickel, the others in aluminum-bronze. However, in 1997, nickel-plated steel 20 senti were introduced, followed by aluminum-bronze 1 kroon in 1998. 5 senti coins were not...
. Paul Keres
Paul Keres
Paul Keres , was an Estonian chess grandmaster, and a renowned chess writer. He was among the world's top players from the mid-1930s to the mid-1960s....
(1916–1975), who was a world famous Estonia
Estonia
Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...
n chess player
Chess
Chess is a two-player board game played on a chessboard, a square-checkered board with 64 squares arranged in an eight-by-eight grid. It is one of the world's most popular games, played by millions of people worldwide at home, in clubs, online, by correspondence, and in tournaments.Each player...
, international
International
----International mostly means something that involves more than one country. The term international as a word means involvement of, interaction between or encompassing more than one nation, or generally beyond national boundaries...
Grandmaster, prominent chess theorist, is featured with an engraved portrait on the front side of the bill.
On the reverse side of the bill features Hermann Castle
Hermann Castle
Hermann Castle is a castle in Narva, eastern Estonia. It was founded in 1256 by the Danes and the first stone castle was built in the beginning of the 14th century...
founded in 1256 by the Danes
Danes
Danish people or Danes are the nation and ethnic group that is native to Denmark, and who speak Danish.The first mention of Danes within the Danish territory is on the Jelling Rune Stone which mentions how Harald Bluetooth converted the Danes to Christianity in the 10th century...
and Ivangorod Fortress
Ivangorod fortress
Ivangorod Fortress is a Russian medieval castle established by Ivan III in 1492 and since then grown into the town of Ivangorod....
established by Ivan III in 1492. The 5 Krooni bill is not one of the primary banknotes dispensed by ATMs in Estonia as well as the primary bill used for withdrawals or cashing checks. It is, however, one of the smallest denomination note most commonly used by Estonians on an everyday basis.
History of the banknote
- 1991: first series issued by the Bank of EstoniaBank of EstoniaThe Bank of Estonia , is the central bank of Estonia, which is a member of the European Union organisation and the European System of Central Banks...
; - 1992: second series issued;
- 1994: third series issued;
Security features
Source: http://www.eestipank.info/pub/en/yldine/pangatahed/pangatahed/_5.html- 1991;1992
- The watermark of the three lions is visible when the note is horizontal, but springs to life when the note is held against the light. The watermark is in two parts on the edges of the note.
- Each note contains a security thread.
- The portraits are printed in the main colour of the note and their raised surface can be felt with the fingertips.
- Each note has an individual serial number. The horizontal number on the left is printed in black and the vertical number on the right is printed in a different colour on each denomination.
- When the note is held at an angle to the light, the denomination of the note can be seen.
- 1994
- New colour tints have been used in these areas.
- Silver ink has been incorporated into the note.
- A new style serial number appears on the right-hand side, in a different colour for each denomination.
- When the note is held up to the light, printed areas on the back of the note fill the unprinted areas on the front of the note.
See also
- Currencies related to the euro
- Estonian euro coinsEstonian euro coinsEstonian euro coins feature a single design for all eight coins. This is a design by Lembit Lõhmus and features a silhouette map of Estonia together with the word Eesti and twelve stars, symbolic of the European Union, surrounding the map...
- Currency boardCurrency boardA currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target....
- Estonian markEstonian markThe mark was the currency of Estonia between 1918 and 1928. It was initially equivalent to the German Papiermark, which had been circulating alongside the Russian/Soviet ruble since the German occupation. It was divided into 100 penni...
- Economy of EstoniaEconomy of EstoniaEstonia is a member of the European Union and the eurozone and is an advanced economy, according to the IMF.Before the Second World War Estonia's economy was based on agriculture, but there was a significant knowledge sector and a growing industrial sector, similar to Finland...