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What Currency is Used in Croatia?

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Croatia has developed into Eastern Europe's "Riviera" from being a rather relatively unknown European nation.

Notably, in the year 2019 itself, 19.6 million tourists visited Croatia, implying that it is one of the popular tourist destinations in Europe today.

If you are planning to visit the country, it is important to know what currency is used in Croatia so that you can enjoy a hassle-free trip.

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History of the Croatian Kuna

The Croatian Kuna is the official currency of Croatia,a nation in Europe that is at the confluence of the Mediterranean, the Balkans, and Middle Europe. It has been in circulation since 1994 and is represented by the code HRK.

The independent state of Croatia introduced the Croatian Kuna in 1941, though it remained in circulation until 1945.However, the Banovina of Croatia, an autonomous province within the Kingdom of Yugoslavia, decided to issue its currency, along with the Yugoslav dinar.

The predominant banknotes were 10,50,100,500, and 1000, although later on, banknotes of 1 and 2 were introduced, and 5000 banknotes were added to the collection.

Note denominations of Croatian Kuna

One Kuna is equivalent to one hundred lipas. The Lipais are the smallest denomination of the Croatian Kuna. The currency is represented as HRK in the foreign exchange market.

The Croatian Kuna is available in bills of 10, 20, 50, 100, 200, 500, and 1,000.

The banknotes are issued by the Croatian National Bank, whereas the Croatian Monetary Institute issues the coins.

However, it is believed that 2022 will be the final year until the government uses Kuna as a national currency and soon will be replaced by the Euro around in 2023.

Which countries use the Croatian Kuna?

Croatia is the only country that uses the Croatian Kuna. However, most of the countries of the European Union now use the Euro as their legal tenders.

Where can you buy HRK?

You can buy HRK from a bureau de change or a bank. However, these organisations impose:

Higher exchange rates

Additional hidden fees

Requirement to visit the institutions physically

On the other hand, online currency exchange platforms offer currency exchange at comparatively better rates along with complete transparency.

However, you should conduct extensive research before choosing an online alternative, although they offer competitive exchange rates.

Nevertheless, make sure the organisation you've chosen is transparent and communicates clearly about its fees.

Spending money in Croatia

Croatia emerged as the 'Travel + Leisure's Reader Choice Destination of the Year in 2016' owing to its beautiful beaches, picturesque national parks and multifaceted cuisines attracting millions of tourists every year.

Any natural person may freely and without restrictions enter and exit the Union with any quantity of cash in any currency, as long as they have declared the amount to a customs official. However, carrying a substantial amount of HRK while travelling to this country is important. The approximate expenses of a tourist are as follows:

Taxi: You can opt for taxis that cost around €25 - 30 daily.

Meal for two: A meal in Croatia will cost approximately €10 - 15 per person.

Hotel room: There are various accommodation options around Croatia. For instance, it will cost around €30 - 40 per night if you stay at an Airbnb. On the other hand, a budget or a mid-range hotel will cost around €50 - 80 per night, and a dorm bed will cost about €15 - 20.

Can I use an ATM in Croatia?

Yes, there are ATMs available in Croatia.

However, carrying Croatian Kuna beforehand is recommended since you may have to have to pay an additional charge at the ATMs if you make cash withdrawal.

Summary

Now that you know all about the Croatian currency with all the necessary information regarding what currency is used in Croatia.

It is smart to purchase Croatian Kuna from a reputable online currency exchange platform like The Currency Club.

You would be getting a competitive exchange rate as compared to what you would receive from a bank or a bureau de change. Furthermore, it doesn't take much time,and you can enjoy a hassle-free online process.

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Disclaimer

We have made every effort to ensure that the information published here is correct and accurate, however you should check and confirm the latest exchange rates with The Currency Club directly prior to making a decision. The information published is general and does not consider your personal objectives, financial situation or particular needs. Full disclaimer available

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