An exhibition on Estonian monetary reforms at the Museum of Eesti Pank

Postitatud:

10.06.2008

Today the Museum of Eesti Pank opened an exhibition "Own state, own money: the history of the Estonian money". The exhibition was officially opened by Governor of Eesti Pank Andres Lipstok.

The exhibition provides an overview of the monetary reforms in Estonia in the period 1919-1992, the economic situation during the reforms and the results thereof, as well as the devaluing of the kroon in 1933.

"The first monetary reform took place in 1919, when the mark - Estonia's first own money - was introduced. This celebrated also the beginning of our independence. The roots of the current kroon lie in the year 1928, when the second monetary reform in Estonia resulted in launching the Estonian kroon. The monetary reform of 1992 is one of the most significant events in the history of the newly independent Estonia. Since we are celebrating the anniversary year of the Republic of Estonia and the month of Eesti Pank, it is a very good time to call attention to these important events in the history of Estonia and our money," said Andres Lipstok.

The exhibition plays also with alternative developments had our history followed different paths and draws parallels with other countries' choices and developments. The author of the exhibition texts is the historian Jaak Valge.

Everybody is welcome to visit the exhibition at the Museum of Eesti Pank open from Wednesday to Friday 12.00-17.00 and on Saturdays 11.00-16.00. The museum is located at Estonia pst 11 and there is no entrance fee. The exhibition is open until 27 September.

On Saturday, June 14, from 14.00 to 16.00 it is possible to hear the historian Ott Sandrak's presentation about the people depicted on the kroon banknotes.