Menu
Countryaah.com
  • Europe
    • Countries in the EU
    • Countries in South Europe
    • Countries in North Europe
    • Countries in West Europe
    • Countries in East Europe
    • Capital Cities in Europe
    • Europe Population
    • Largest Countries by Area
    • Largest Countries by Population
  • America
    • Caribbean
    • North America
      • United States
      • Capital Cities in North America
      • North America Population
    • Central America
    • South America
      • Capital Cities in South America
      • South America Population
    • Latin America
  • Asia
    • Countries in Middle East
    • Countries in East Asia
    • Countries in South Asia
    • Countries in Southeastern Asia
    • Countries in West Asia
    • Countries in Central Asia
    • Capital Cities in Asia
    • Asia Population
    • Largest Countries by Area
    • Largest Countries by Population
  • Africa
    • Countries in Southern Africa
    • Countries in Central Africa
    • Countries in North Africa
    • Countries in East Africa
    • Countries in West Africa
    • Capital Cities in Africa
    • Africa Population
    • Largest Countries by Area
    • Largest Countries by Population
  • Oceania
    • Countries in Melanesia
    • Countries in Micronesia
    • Countries in Polynesia
    • Capital Cities in Oceania
    • Oceania Population
  • United States
    • Alabama Cities
    • Alaska Cities
    • Arizona Cities
    • Arkansas Cities
    • California Cities
    • Colorado Cities
    • Connecticut Cities
    • Delaware Cities
    • Florida Cities
    • Georgia Cities
    • Hawaii Cities
    • Idaho Cities
    • Illinois Cities
    • Indiana Cities
    • Iowa Cities
    • Kansas Cities
    • Kentucky Cities
    • Louisiana Cities
    • Maine Cities
    • Maryland Cities
    • Massachusetts Cities
    • Michigan Cities
    • Minnesota Cities
    • Mississippi Cities
    • Missouri Cities
    • Montana Cities
    • Nebraska Cities
    • Nevada Cities
    • New Hampshire Cities
    • New Jersey Cities
    • New Mexico Cities
    • New York Cities
    • North Carolina Cities
    • North Dakota Cities
    • Ohio Cities
    • Oklahoma Cities
    • Oregon Cities
    • Pennsylvania Cities
    • Rhode Island Cities
    • South Carolina Cities
    • South Dakota Cities
    • Tennessee Cities
    • Texas Cities
    • Utah Cities
    • Vermont Cities
    • Virginia Cities
    • Washington Cities
    • West Virginia Cities
    • Wisconsin Cities
    • Wyoming Cities
Countryaah.com

Currency in Kosovo

The Republic of Kosovo became independent on February 17th, 2008, making it one of the youngest states in Europe. In the capital Pristina and in all other places in the country you pay with the euro, which is the official national currency.

The currency, which can be recognized by the ISO code EUR and the symbol €, can be used in all regions of the country. In some Serbian enclaves in Kosovo, payments can also be made in the Serbian dinar. The fact that Kosovo uses the euro is due to its past.

Monetary history

In 1999, the D-Mark was introduced as the official means of payment, which is why the change from D-Mark to Euro also took place in Kosovo as part of the introduction of the Euro into the European Monetary Union. This also leads to an abnormality, because in this country the euro is used as a means of payment, although Kosovo is not a member of the European Monetary Union.

In this context, there is talk of a so-called “passive euro user” who uses this currency but does not offer its own euro coins. This means that Kosovo can be compared to Montenegro or Zimbabwe, for example, which use the euro as their national currency in the same way.

The euro has revolutionized payment transactions within Europe. The introduction of the currency began on January 1, 1999, when the euro already appeared as book money, but was not yet available as cash.

This step took place on January 1, 2002, when the euro replaced previous national currencies such as the D-Mark, the Austrian shilling or the Italian lira. It is now the second most important reserve currency in the world, which means that the euro is considered very stable and crisis-proof.

In addition to the passive euro users such as Kosovo, this currency is used in 23 other countries. On the one hand, the euro coins and notes are available in the 19 states of the Eurosystem,

however, with the miniature states Andorra, Monaco, San Marino and Vatican City, there are four other so-called “associated euro users”. These countries also have their own euro coins with appropriately selected and applied motifs.

More about exchanging euros for the local currency

As in most European countries, the cheapest way to withdraw money is with a credit card or EC card at an ATM. Before doing this, however, you should check whether your own bank charges fees for foreign assignments.

People who want to pay in cash with the euro during their stay in Kosovo can use the currency converter to determine the exchange rate to other currencies such as the US dollar or the Serbian dinar.

Read more:

  • Kosovo Facts
  • Kosovo Population
  • What is the Capital of Kosovo? Pristina
  • Kosovo Flag and Meaning
  • Currency in Haiti
  • Currency in Hungary
  • Currency in Indonesia
  • Currency in Kuwaiti
  • Currency in Lesotho
  • Currency in Bangladesh
  • Currency in Ghana
  • Currency in Ethiopia
  • Currency in Brazil

©2022 Countryaah.com