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Currencies

Money Matters:

The #1 misconception amongst travelers is that all new EU countries are on the Euro. The truth is that all these newer EU countries (including Czech Republic and Hungary among others) are still using their own currency.

Slovenia

With Slovenia’s economic growth being one of the highest in all of Europe, Slovenia has switched to the Euro as of January 2007. It is the only country from the 2004 EU enlargement class that has moved to the Euro. The old Slovenian Tolar (SIT) is still on some meuns and price lists but is no longer used.

Croatia

The Kuna (KN) is Croatia’s national currency. Since Croatia isn’t in the EU and won’t be until 2009 at the earliest, be prepared to pay in Kuna although Euros seem to be more widely used than in other non-Euro countries. You can expect prices at many places to be listed in both Kuna and Euro to make the math easier for those don’t keep up on all the currency rates.

 
>Croatian Kuna note
 

Croatian Kuna note

Bosnia

The Deutchmark might be gone, but the currency that’s been pegged to it is still around. Bosnia’s convertible mark (KM or BAM) was pegged to the Deutchmark for stability and now that Germany uses the Euro, Bosnia pegs its currency to the Euro. Taxi drivers and some shops will take the Euro, while many other business will quote prices in it.

 
>Bosnian Mark
 

Bosnian Mark

Current exchange rates

This information last updated May 29, 2007