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50 Krooni
The 50 krooni banknote (50 EEK) is a denomination of the Estonian kroon, the former currency of Estonia. A portrait of Rudolf Tobias (1873–1918), a famous Estonian composer, is engraved on the front side of the bill along with the pipe organ of the Käina church (which features the Eye of Providence). The vignette on the back features the Estonia Theatre in Tallinn. The only printing of the 50 krooni banknote took place in 1994. Fewer 50 krooni notes were ordered by the Bank of Estonia than any other denominations. A medium size banknote, it was one of the most rarely used denominations. It can be exchanged indefinitely at the currency museum of Eesti Pank for €3.20. History of the banknote * 1994: First and only series issued by the Bank of Estonia; * 2011: withdrawn from circulation and replaced by the euro Security features Source: * 1994 #The watermark of three lions is visible when the note is horizontal, and can be seen clearly when the note is held against the lig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonia Theatre
Estonia Theatre is an historic building in Tallinn, Estonia, which houses the Estonian National Opera and the Estonian National Symphony Orchestra. The original Jugendstil building was designed by Finnish architects Armas Lindgren and Wivi Lönn. It was built as a national effort with the leadership of Estonia society in 1913 and was opened to the public on 24 August. At the time, it was the largest building in Tallinn. The theatre was heavily damaged in the Soviet air raid on Tallinn on 9 March 1944. It was reconstructed in a classical and Stalinist style, and reopened in 1947.In 1946, it served as the home of the newly created Tallinn Ballet School and was the location of the debut of one of the graduates of the school's first class, Helmi Puur. She was the prima ballerina of the theater between 1954 and 1956, 1958 and 1960, and 1964 to 1966. The building has two large auditoriums in two separate wings. A chamber hall was opened in 2006. Also the Concert Hall is located ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Estonia
The economy of Estonia is an advanced economy and the country is a member of the European Union and of the eurozone. Estonia's economy is heavily influenced by developments in the Finnish and Swedish economies. Overview Before the Second World War, Estonia's economy was based on agriculture, but there was a significant knowledge sector, with the university city of Tartu known for scientific contributions, and a growing industrial sector, similar to that of neighbouring Finland. Products, such as butter, milk, and cheese were widely known in the west European markets. The main markets were Germany and the United Kingdom, and only 3% of all commerce was with the neighbouring USSR. Estonia and Finland had a relatively similar standard of living. The USSR's occupation and annexation of Estonia in 1940 and the ensuing Nazi German and Stalinist Soviet destruction during World War II crippled the Estonian economy. The subsequent Soviet occupation and post-war Sovietization of life cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonian Mark
The Estonian mark ( et, Eesti mark) was the currency of Estonia between 1918 and 1927. It was initially equivalent to the German ostmark, which had been circulating alongside the Imperial rouble since the German occupation. It was divided into 100 ''penns'' (in Nominative case: ''penn''). It was replaced in 1928 by the Estonian kroon at a rate of 1 kroon = 100 marka. Until 1919 there were also Russian rubles, German ostrubels and Finnish marks in circulation. Coins Coins were issued in denominations of 1, 3, 5, and 10 marka between 1922 and 1926. The 1922 issues were struck in cupro-nickel Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. ( Monel is a nickel-copper alloy that contains a ... whilst the later issues were in nickel-bronze. Banknotes In 1919, treasury notes ("kassatäht") were issued in denominations of 5, 10, 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Board
In public finance, a 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. In colonial administration, currency boards were popular because of the advantages of printing appropriate denominations for local conditions, and it also benefited the colony with the seigniorage revenue. However, after World War II many independent countries preferred to have central banks and independent currencies. Although a currency board is a common (and simple) way of maintaining a fixed exchange rate, it is not the only way. Countries often keep exchange rates within a narrow band by regulating balance of payments through various capital controls, or though international agreements, among other methods. Thus, a rough peg may be maintained without a currency board. Features of "orthodox" currency boards ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonian Euro Coins
Estonian 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 (Estonia) and twelve stars, symbolic of the European Union, surrounding the map. This was the winning design in a public vote of ten announced in December 2004. Estonian euro coins entered circulation on 1 January 2011. Estonia is the fifth of ten states that joined the EU in 2004, and the first ex-Soviet republic to join the eurozone. History Of the ten new EU member states, Estonia was the first to unveil its design. The country originally planned to adopt the euro on 1 January 2007; however, it did not formally apply when Slovenia did, and officially changed its target date to 1 January 2008, and later, to 1 January 2011. On 12 May 2010, the European Commission announced that Estonia had met all criteria to join the eurozone. On 8 June 2010, the EU finance ministers agreed that Estonia would be able to j ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Related To The Euro
The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to the pre-euro currencies, such as in Monaco. Four small states have been given a formal right to use the euro, and to mint their own coins, but all other usage outside the eurozone (the EU states who have adopted the euro) has been unofficial. With or without an agreement, these countries, unlike those in the eurozone, do not participate in the European Central Bank or the Eurogroup. Its international usage has also grown as a trading currency, acting as an economic or political alternative to using the United States dollar. Its increasing usage in this sense has led to its becoming the only significant challenger to the U.S. dollar as the world's main reserve currency. International adoption Sovereign states Several European microsta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Estonia
Bank of Estonia ( et, Eesti Pank) is the central bank of Estonia as well as a member of the Eurosystem organisation of euro area central banks. The Bank of Estonia also belongs to the European System of Central Banks. Until 2010, the bank issued the former Estonian currency, the kroon. The Governor of the Bank of Estonia, currently Madis Müller, is a member of the Governing Council of the European Central Bank. TALIBOR Prior to the introduction of the euro, TALIBOR or the Tallinn Interbank Offered Rate was a daily reference rate based on the interest rates at which banks offer to lend ''unsecured'' funds to other banks in the Estonian wholesale money market (or interbank market in Estonian kroons). TALIBOR was published daily by the Bank of Estonia, together with TALIBID (Tallinn Interbank Bid Rate). TALIBOR was calculated based on the quotes for different maturities provided by reference banks at about 11.00 am each business day by disregarding highest and lowest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tallinn
Tallinn () is the most populous and capital city of Estonia. Situated on a bay in north Estonia, on the shore of the Gulf of Finland of the Baltic Sea, Tallinn has a population of 437,811 (as of 2022) and administratively lies in the Harju '' maakond'' (county). Tallinn is the main financial, industrial, and cultural centre of Estonia. It is located northwest of the country's second largest city Tartu, however only south of Helsinki, Finland, also west of Saint Petersburg, Russia, north of Riga, Latvia, and east of Stockholm, Sweden. From the 13th century until the first half of the 20th century, Tallinn was known in most of the world by variants of its other historical name Reval. Tallinn received Lübeck city rights in 1248,, however the earliest evidence of human population in the area dates back nearly 5,000 years. The medieval indigenous population of what is now Tallinn and northern Estonia was one of the last " pagan" civilisations in Europe to adopt Christia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vignette (philately)
In philately, the vignette is the central part of a postage stamp design, such as, a monarch's head or a pictorial design, which often shades off gradually to the edges of the stamp. The central vignette is often surrounded by a frame which may be printed separately and is normally of a different colour. The plate from which the vignette is printed is known as the ''vignette plate''. Printing errors have sometimes led to the vignette being inverted. Perhaps the most famous example is the Inverted Jenny. Alternative meaning A different use of the term ''vignette'' in philately is to describe publicity labels or poster stamps which do not have postal validity,Mackay, James. ''Philatelic Terms Illustrated'', 4th edition, Stanley Gibbons, London, 2003, p.165. . such as those produced in France during World War One by Delandre. See also *Vignetting In photography and optics, vignetting is a reduction of an image's brightness or saturation toward the periphery compared ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eye Of Providence
The Eye of Providence (or the All-Seeing Eye of God) is a symbol that depicts an eye, often enclosed in a triangle and surrounded by rays of light or glory, meant to represent divine providence, whereby the eye of God watches over humanity. A well-known example of the Eye of Providence appears on the reverse of the Great Seal of the United States, which is depicted on the United States one-dollar bill. Use by governments and confederations United States In 1782, the Eye of Providence was adopted as part of the symbolism featured on the reverse side of the Great Seal of the United States. It was first proposed as an element of the Great Seal by the first of three design committees in 1776, and is thought to be the suggestion of the artistic consultant, Pierre Eugene du Simitiere, Bureau of Public Affairs. July 2003.The Great Seal of the United States" Washington: U.S. Department of State Archive; See alsoGreat Seal" Bureau of Public Affairs. 2002. Both retrieved 6 Jun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
