Finland is among the states thatentered the European Union in the process of a large-scale campaign for international integration. In order to strengthen economic ties with other countries of the Commonwealth, as well as optimize trade processes, the leadership of the republic decided to switch to a single European monetary unit. This period was preceded by several stages in the development of the national financial system, during which the Finnish currency was in circulation throughout the country.
In the era of subordination to the king of Sweden the main monetaryunit in the country was the rixdaler. What currency in Finland was involved in turnover, except for Swedish? Following the results of the military confrontation between Russia and the Swedish state, the Russian ruble becomes the official monetary unit. The national currency first appears in Finland in 1860. She received the name of the brand.
Russian Emperor Alexander II by decreeallowed to enter into circulation the national currency of Finland. Immediately after she began using this currency, she related to the Russian ruble 1: 4. That is, for one Finnish mark they gave four rubles. It should be noted that the exchange peg of the mark to the Russian currency operated until 1865. Then it was decided to use the so-called Silver Standard, used in the Latin Monetary Union.
And in 1878, the transition toThe gold standard, which operated until the beginning of World War I, provided for the mandatory maintenance of 1/3 grams of pure gold with each Finnish coin (or to be perfectly accurate, 0.290322 grams of gold - by analogy with the French franc). An interesting fact is that the currency of Finland and its name became the prototype of the German currency with the same name.
The Republic of Finland has become a member of the European Union 1January 1995. But the turning point for the country's monetary system was 2002, when it was decided to enter the state in the Eurozone and introduce a common currency, the euro. It should be noted that in the manufacture of euro coins, the peculiarities of the EU member states in which they will be used are taken into account. This rule applies to the Finnish euro. So, on the back side of the coin of the currency of Finland the face value is depicted, and on the obverse - soaring swans. The basis for this design decision was the commemorative coin, which was made on the occasion of the eightieth anniversary of the independence of the Finnish state.
In addition to the euro, the largest in the countrygained popularity American dollar. Along with these two monetary units, many others can be purchased in Finland. Currency exchange is carried out almost everywhere. It can be ferries, hotels, hotels, airports or railway stations. Throughout the country there are many special exchange offices and bank branches, which are open full-time. The exchange rate in Finland is set by the ECB - the European Central Bank.
It should be noted that in some localinstitutions for the implementation of currency exchange will be required to submit an identity document. Most often we are talking about a citizen's passport. In addition, travelers, tourists and business travelers should pay attention to the fact that local legislation does not regulate the amount of currency imported into the country. In other words, there are no restrictions on this issue.
