There are less than 30 days until Croatia enters the eurozone and the first Croatian euros start to be used; therefore, Fiscal Solutions Portal brings you the crucial dates for the following years regarding the transition of Croatia to the new currency, as follows.
The important dates for the introduction of the euro and deadlines for solving important tasks in Croatia
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Croatia
Author: Kristina Dosen
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Fiscal subject related
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4330
Content accuracy validation date:
06.12.2022
Content accuracy validation time:
09:36h
- On December 1, 2022, the first packages of euro coins with Croatian motifs will become available to citizens. A package of 33 coins with a total value of 13.28 euros will be sold in branches of banks, Fina, and Croatian Post at a price of 100,00 HRK. Croatian euro coins will not be able to be used as a means of payment either in Croatia or in the Eurozone before January 1, 2023.
- The pre-supply of euro banknotes and coins begins on December 27, 2022, for micro-entrepreneurs who, by signing a contract with the bank and providing a guarantee, can receive 10,000 euros so that trade can resume on January 1, 2023.
- On December 31, 2022, and January 1, 2023, ATMs will not be able to withdraw cash, and payment transactions will not function until January 2. Some banks have admitted that they won't even work with cards, so it's a good idea to arm yourself with cash in the days before the New Year.
- On January 1, 2023, the euro becomes a legal tender in Croatia. Kuna is converted into euros according to the fixed exchange rate determined by the Council of the European Union in July 2022. According to the fixed conversion rate, 1 euro is worth 7.53450 HRK, and this is the only rate at which the exchange of kuna for euros is legal after January 1, 2023.
- January 1–January 14, 2023: There is a period of dual circulation during which both the kuna and the euro are legal means of payment. Still, in accordance with the law regulating the introduction of the euro, citizens should be able to pay in kuna and have the rest of the money whenever possible returned to them in euros.
- During January 2023, salaries for December will be paid in euros, and it will be the first time salaries have been paid in euros in the history of Croatia.
- December 31, 2023, is the last day on which the Croatian kuna will be in the eyes of consumers, since the dual display of prices that began on September 5, 2022, ends on that day.
- January 1, 2024, is the day kuna banknotes and coins can be exchanged into euros exclusively at the Croatian National Bank.
- December 31, 2025, is the last day on which Croatian kuna coins can be exchanged for euros exclusively at the Croatian National Bank. After that date, the Croatian kuna and lipa coins will no longer have a monetary value because they will not be exchanged for the euro, but they will retain their numismatic value.
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