As Poslovni Dnevnik writes, the country’s many banks, Fina and Hrvatska posta (Croatian post) will all play the main role in the kuna exchange process as we head towards Croatian Eurozone accession at the very beginning of next year. Throughout the first twelve months from the day of the introduction of the euro as the country’s main currency, it will be possible to exchange kuna coins and banknotes in all banks, Croatian post offices and Fina branches without any charge and with the application of a fixed conversion rate.
In addition to banks, Fina and Croatian post, many shops and other companies will have to be supplied with euro cash in a timely manner in order to be able to carry out cash transactions in the new currency from the day of the introduction of the euro.
After the first twelve months of Croatia using the euro as its official currency expires, the country’s banks, Fina branches and Croatian post will all stop providing their free, fixed rate kuna exchange services. After that first year, kuna banknotes and coins will only be able to be exchanged at the Croatian National Bank (CNB/HNB) and that too will continue to be of charge.
According to euro.hr, the Croatian National Bank will exchange kuna banknotes for free permanently, while kuna coins will be able to be exchanged within three years from the date of introduction of the euro, and after that it will not be possible to do so.
For more on upcoming Croatian Eurozone accession and other important news, keep up with our dedicated news section.
