Croatia To Switch To Euro From January 2023

Croatian authorities expect the country to be able to fully adopt the euro from 1 January 2023, Prime Minister Andrej Plenković said.

Croatia currently uses the national currency, the kuna. The exchange rate fluctuates around 7.5 kuna per 1 euro.

« We expect to meet the conditions for the introduction of the euro by the end of the first quarter of 2022, the final decision at the EU level mid-year, final approval after the tourist season, prices in two currencies from September and transition on January 1, 2023, » Plenković said at a government meeting on Thursday.

He specified that after the transition to the European currency, a period of 14 days is planned, when the kuna will continue to be used in the country. Once it is over, citizens will be able to exchange the national currency for euros in banks and post offices until 1 January 2024, and indefinitely at the Croatian National Bank.

source: euronews.com

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