The European Central Bank (ECB) made the announcement on Tuesday that Croatia will adopt the euro on January 1, 2023, with the exchange rate being 1 euro for 7.53450 Croatian kunas.
As a reminder that Croatia has been a member of the European Union (EU) since 2013, the European Central Bank (ECB) has issued a warning that "the prices of goods and services will be indicated in euros and kunas until December 31, 2023."
Because "this measure is essential for consumer protection," the European monetary authorities recommended that the exchange rate appear clearly and visibly on price tags.
After the introduction of the euro, for a period of two weeks, both euro banknotes and coins as well as kuna banknotes and coins will be accepted as a means of payment.
There will not be a fee for exchanging kuna bills and coins until the 31st of December, 2023, and the maximum amount that can be exchanged in a single transaction is 100 kuna bills and 100 coins.
