15 May 2009

Useful stuff: What is this money?

This part of the world straddles the Eurozone, so you are likely to run into some prices that don't make sense at first glance. Obviously, you will want to check the exact exchange rates at the time you travel (e.g. on Oanda), but this should give you a rough idea of what you might see.

Slovenia and Italy are both part of the EU's Eurozone. Also, although not in the EU, both Montenegro and Kosovo use the Euro as their official currency.

The official currency in Croatia is the Kuna (KN or HRK) which runs around 7 to 7 1/2 to the Euro, e.g. 73 KN is about €10, or 100KN is about €13.5. One kuna = 100 lipa, but you really don't need to know that. The Kuna comes in 1, 2, 5, and less frequently, 25KN coins, and 5, 10, 20, 50, 100, 200, 500, and 1000KN notes.

The Bosnian Mark, or Konvertibilna Marka (BAM or KM), is not quite exactly 2 to 1 with the Euro, so 20Km is just at €10. It comes in 1 and 2KM coins as well as 5, 10, 20, 50, 100, and 200 mark notes. One mark equals 100 fenings (again, not so useful, except for the 50 fening coin).

One Euro gets you about 100 Serbian dinars, so 1000 dinars is just over €10. It comes in 10, 20, 50, 100, 200, 500, 1000, and 5000 notes, and there are some annoying small-value coins as well.

And finally, the Macedonian denar sits around 60/62 to the Euro, so a 500 Denar bill is worth almost €8.25. It comes in 10, 50, 100, 500, 1000, and 5000 denar notes, as well as coins up to 10 and 50 denars.

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