ECB Podcast – What does it take to change a currency?

Croatia adopted the euro on 1 January. What did people, businesses and national authorities do to ensure a smooth transition to the euro?

Our host Katie Ranger looks at the currency changeover with expert Patricia Roa Tejero on The ECB Podcast.

The views expressed are those of the speakers and not necessarily of the European Central Bank.

Published on 28 January 2023 and recorded on 20 January 2023.

In this episode:

01:05 – Our guest’s personal experience of the euro changeover in Spain

02:50 – Banknotes and coins: from kuna to euro
What goes into producing new euro banknotes, how the process differs for euro coins and how Croatia distributed them.

09:56 – Euro starter kits
What’s inside a euro starter kit and why they’re useful for people and businesses.

11:10 – How to get used to a new currency
How Croatia is dealing with the transition from kuna to euro, what dual pricing is, and where and how Croatians can exchange banknotes and coins.

16:38 – Our guest’s hot tip

Additional material:

Croatian euro coins
https://www.ecb.europa.eu/euro/coins/html/hr.en.html

Croatia changeover
https://www.ecb.europa.eu/euro/changeover/…ml/index.en.html

President Christine Lagarde’s New Year’s greeting and welcoming Croatia into the euro area

European Central Bank
https://www.ecb.europa.eu/home/html/index.en.html

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