Finnish brand.
Currency of Finland
Finnish pennies and stamps.
National currency
There can never be too many euros :).
5 euros, obverse.
5 euros, reverse.
Currency exchange
Currency exchange in Finland.
Cashless payments
Dynamics of the Finnish mark rate
The Finnish mark is the monetary unit of the Republic of Finland. It was put into circulation in 1860, although the country at that time was part of the Russian Empire. The issuer of the stamp has always been the Bank of Finland (fin.
Money in Finland – past and present, or how to spend it wisely!
Suomen Pankki, Swedish. Finlands Bank).
To briefly designate a brand in texts, the symbol is used mk, written after the amount. The letter code of the brand according to the international standard ISO 4217 is FIM.
Finnish mark rate calculator
This online calculator will help you convert the value of Finnish marks into rubles and vice versa. Enter the amount you need in the input field:
Finnish mark rate chart
Select period:
The graph shows changes in the Finnish mark rate for 1 month (from November 28 to December 28, 2001).
History of the Finnish mark by year
The table shows changes in the exchange rate of the brand over the last 9 years of its use:
| Year | Denomination | Course at the beginning | Course at the end | Minimum | Maximum |
|---|---|---|---|---|---|
| 2001 | 10 | 45,0600 | 44,5500 | 41,0200 | 45,9600 |
| 2000 | 10 | 45,7500 | 43,9700 | 38,8100 | 50,2000 |
| 1999 | 10 | 40,5200 | 45,8000 | 40,5200 | 47,3800 |
| 1998 | 1 | 1,1098 | 4,0658 | 1,0782 | 4,1362 |
| 1997 | 1 | 1 195,72 | 1 109,75 | 1 033,09 | 1 195,72 |
| 1996 | 1 | 1 070,88 | 1 197,30 | 1 020,76 | 1 215,72 |
| 1995 | 1 | 763,54 | 1 066,96 | 763,54 | 1 212,34 |
| 1994 | 1 | 219,34 | 748,55 | 219,34 | 823,22 |
| 1993 | 1 | 77,61 | 218,48 | 77,61 | 222,42 |
Central Bank exchange rate
44.5500 rubles for 10 Finnish marks
For a long time, the national currency of the country was the Finnish mark, but back in 2002 (how quickly time flies!) 12 Eurozone countries decided to switch to a common monetary system - the euro. Therefore, tourists who have visited the EU more than once will not have to get used to new unusual banknotes and coins.
Everything about money and currency exchange in Finland.
Brief historical background
Purely for the sake of interest, one can recall the old Finnish marks, which were used to make calculations since 1860. The Finnish mark/markka, mark/FIM, FM was introduced on the territory of the Grand Duchy of Finland after the issuance of a corresponding decree by Emperor Alexander II. Before the euro, banknotes in denominations of 10, 20, 50, 100, 500 and 1000 marks were in circulation,
Finnish brand.
as well as coins of 10, 50 pennies and 1, 5 and 10 marks. 1 mark was equal to 100 pennies.
Finnish pennies and stamps.
National currency
Today, the euro does not need much introduction. This currency has long been well known to many of our compatriots. Now, in order to feel at ease in the country, tourists do not have to carry around with them, like a medieval lord, a bag with several handfuls of hard coins.
Banknotes are available in standard denominations of 5, 10, 20, 50, 100, 200 and 500 euros,
There can never be too many euros :).
coins - 1.2, 5, 10, 20 and 50 cents, as well as 1 and 2 €.
Currency of Finland: history, description and exchange rate
By the obverse of the coin, you can understand that it was issued by the Bank of Finland. Thus, on the obverse of the 5-euro (Summer series) a typical summer landscape and a low-lying sun are depicted,
5 euros, obverse.
and on the reverse there are water lilies, and the name of the issuing country “SUOMI FINLAND” is engraved.
5 euros, reverse.
Currency exchange
It’s better to go to Finland with euros straight away. But if for some reason it was not possible to exchange money at home or you need an additional amount of money, you will have to go to the nearest bank (working hours: Monday-Friday from 09.15 to 16.15) or the post office "Postipankki" (daily from 6:30 to 20:30). At regular exchange offices located at the airport, hotels, shopping centers, the rate is not very favorable. To complete a currency exchange transaction, you will be asked to provide a foreign passport.
Currency exchange in Finland.
Both dollars and Russian rubles can be exchanged. You will find out the current exchange rate if you use a currency converter.
Cashless payments
Almost all shops, restaurants, hotels and car rental offices accept credit cards of the international payment systems Visa, MasterCard, Diners Club and American Express.
You don’t have to bring a lot of cash with you; you can pay for goods/services with a bank card.
There will be no problems with cashing traveler's checks. In addition, money can be withdrawn from any ATM. But before that, you should find out about the amount of the commission being written off.
The best option, in our opinion, is to take cash in rubles and euros, and a bank card!
What is the money in Finland? What currency is best to take to Finland?
For a long time, the national currency of the country was the Finnish mark, but back in 2002 (how quickly time flies!) 12 Eurozone countries decided to switch to a common monetary system - the euro. Therefore, tourists who have visited the EU more than once will not have to get used to new unusual banknotes and coins.
Everything about money and currency exchange in Finland.
Brief historical background
Purely for the sake of interest, one can recall the old Finnish marks, which were used to make calculations since 1860.
The Finnish mark/markka, mark/FIM, FM was introduced on the territory of the Grand Duchy of Finland after the issuance of a corresponding decree by Emperor Alexander II. Before the euro, banknotes in denominations of 10, 20, 50, 100, 500 and 1000 marks were in circulation,
Finnish brand.
as well as coins of 10, 50 pennies and 1, 5 and 10 marks.
1 mark was equal to 100 pennies.
Finnish pennies and stamps.
National currency
Today, the euro does not need much introduction. This currency has long been well known to many of our compatriots. Now, in order to feel at ease in the country, tourists do not have to carry around with them, like a medieval lord, a bag with several handfuls of hard coins.
Banknotes are available in standard denominations of 5, 10, 20, 50, 100, 200 and 500 euros,
There can never be too many euros :).
coins - 1.2, 5, 10, 20 and 50 cents, as well as 1 and 2 €.
Country Scanner
By the obverse of the coin, you can understand that it was issued by the Bank of Finland. Thus, on the obverse of the 5-euro (Summer series) a typical summer landscape and a low-lying sun are depicted,
5 euros, obverse.
and on the reverse there are water lilies, and the name of the issuing country “SUOMI FINLAND” is engraved.
5 euros, reverse.
Currency exchange
It’s better to go to Finland with euros straight away. But if for some reason it was not possible to exchange money at home or you need an additional amount of money, you will have to go to the nearest bank (working hours: Monday-Friday from 09.15 to 16.15) or the post office "Postipankki" (daily from 6:30 to 20:30). At regular exchange offices located at the airport, hotels, shopping centers, the rate is not very favorable. To complete a currency exchange transaction, you will be asked to provide a foreign passport.
Currency exchange in Finland.
Both dollars and Russian rubles can be exchanged. You will find out the current exchange rate if you use a currency converter.
Cashless payments
Almost all shops, restaurants, hotels and car rental offices accept credit cards of the international payment systems Visa, MasterCard, Diners Club and American Express.
You don’t have to bring a lot of cash with you; you can pay for goods/services with a bank card.
There will be no problems with cashing traveler's checks. In addition, money can be withdrawn from any ATM. But before that, you should find out about the amount of the commission being written off.
The best option, in our opinion, is to take cash in rubles and euros, and a bank card!
What is the money in Finland? What currency is best to take to Finland?
For a long time, the national currency of the country was the Finnish mark, but back in 2002 (how quickly time flies!) 12 Eurozone countries decided to switch to a common monetary system - the euro. Therefore, tourists who have visited the EU more than once will not have to get used to new unusual banknotes and coins.
Everything about money and currency exchange in Finland.
Brief historical background
Purely for the sake of interest, one can recall the old Finnish marks, which were used to make calculations since 1860. The Finnish mark/markka, mark/FIM, FM was introduced on the territory of the Grand Duchy of Finland after the issuance of a corresponding decree by Emperor Alexander II. Before the euro, banknotes in denominations of 10, 20, 50, 100, 500 and 1000 marks were in circulation,
Finnish brand.
as well as coins of 10, 50 pennies and 1, 5 and 10 marks.
Exchange rates in Finland
1 mark was equal to 100 pennies.
Finnish pennies and stamps.
National currency
Today, the euro does not need much introduction. This currency has long been well known to many of our compatriots. Now, in order to feel at ease in the country, tourists do not have to carry around with them, like a medieval lord, a bag with several handfuls of hard coins.
Banknotes are available in standard denominations of 5, 10, 20, 50, 100, 200 and 500 euros,
There can never be too many euros :).
5 euros, obverse.
and on the reverse there are water lilies, and the name of the issuing country “SUOMI FINLAND” is engraved.
5 euros, reverse.
Currency exchange
It’s better to go to Finland with euros straight away. But if for some reason it was not possible to exchange money at home or you need an additional amount of money, you will have to go to the nearest bank (working hours: Monday-Friday from 09.15 to 16.15) or the post office "Postipankki" (daily from 6:30 to 20:30). At regular exchange offices located at the airport, hotels, shopping centers, the rate is not very favorable. To complete a currency exchange transaction, you will be asked to provide a foreign passport.
Currency exchange in Finland.
Both dollars and Russian rubles can be exchanged. You will find out the current exchange rate if you use a currency converter.
Cashless payments
Almost all shops, restaurants, hotels and car rental offices accept credit cards of the international payment systems Visa, MasterCard, Diners Club and American Express.
You don’t have to bring a lot of cash with you; you can pay for goods/services with a bank card.
There will be no problems with cashing traveler's checks. In addition, money can be withdrawn from any ATM. But before that, you should find out about the amount of the commission being written off.
The best option, in our opinion, is to take cash in rubles and euros, and a bank card!
Are credit cards accepted? Where can I exchange travel checks? How do banks and post offices work in Finland and what is “tax-free”?
For many decades, the country's currency was the Finnish mark (FMK, FM, FIM). The year 2002 was a turning point not only for the Finnish economy, but also for the other 12 countries of the future eurozone. From that moment on, the main money was the euro. The banknotes in use are the following denominations: five hundred, two hundred, one hundred, 50 €, 20 €, 10 € and 5 €. Iron coins are available as follows: ten, twenty and fifty euro cents, as well as 1 €; 2€ and 5€.
As an excursion into history, let's remember the old Finnish stamps. The banknotes were presented in denominations of 20; 50; one hundred; five hundred and a thousand, and the coins were 5 and 10. There were 100 pennies in one mark, and among the coins were “tens” and “fifties.”
The coins were used quite often, due to the fact that the mint did not provide a 10 mark note. For example, at the end of 2001, you had to pay 7 marks for a cup of coffee in a cafe. Or you pay with numerous coins or receive them in change.
The euro system is more understandable and convenient; travelers do not have to carry a “bag of gold” with them.
Where can I get Finnish money? Of course, we will be talking about exchanging Russian or any other currency for the euro, and not about how to make money in the country of Suomi.
You can pay in Finland not only in cash, but also with a credit card; it is accepted in many hotels, restaurants, department stores, supermarkets, parking lots and rental offices. In some cases, taxi drivers agree to this form of payment, but tourists are better off not falling for such an opportunity. You can pay with cards from systems such as Mastercard, Access, Eurocard, American Express, Visa and Diner's Club. The required amount of cash can be obtained from any ATM. The interface of Finnish ATMs is not much different from Russian ones.
Changing money is a little more difficult. There are exchange points at post offices (Postipankki), some hotels, seaports or at the capital's airport. Currency exchange at a hotel or port is much more convenient for tourists, but it is still better to change large sums of money at bank branches. The exchange rate is indicated on electronic boards; as a rule, they are installed in the most visible place in hotels, banks, large shopping centers and ports.
Banks also accept travel checks for exchange. Banking hours: from 1st to 5th day of the week from 9.15 to 4.15 in the afternoon. On weekends and holidays, only ATMs are open.
The post office is open daily from 6.30 am to 8.30 pm. A special exchange office at the Kansallis-Osake-Pank3ki (KOP) bank at the airport will carry out any monetary transactions every day from 6.30 to 11 in the afternoon. If you are going to use the services of a bank, you will need to present an identification document (most often they require a passport).
Let's talk about how you can save your money. Value added tax is levied on all goods, its size is 22% (by the way in Russia it is 18%). Citizens who do not live in the countries of the European Union are not required to pay tax, so they can return 12-16% of the real price of the goods if a traveler in a store that works with the tax-free system makes a purchase of 40 euros or more.
Sales consultants will seal your purchase in a special bag or box and give you a document (voucher) that you will need to present at the border crossing if you are leaving the eurozone. For example, if you are traveling from Finland to France, you will not need a voucher. He will be asked upon entering Russian territory.
Tax-free ticket offices are located at the airport, on large ships, in ports and at border control. Compensation is returned in euros, but until January 1, 2002, refunds were made in national marks. In order to issue a tax free voucher you will need a passport.
In Finland there are no restrictions on the amount of currency imported, and there are no restrictions on its export. But when planning a trip, try to take money with a reserve, since a trip to the country of Suomi is considered one of the most expensive European tours.
Finland is a very fascinating and interesting country. A must-go there even for those who prefer to bask in the hot sun. We invite you to find out what currency is in Finland now.
What should a tourist do?
To understand this, we suggest going through the list of things you can see, learn or do only in Finland:
- Absolutely calmly, without harm to your health, admire the northern lights.
- Finland is a country of thousands of lakes and forests that cover more than seventy percent of its territory.
- You can completely freely wander around any corner where many mushrooms and berries grow.
- Only here you can try absolutely unique dishes.
- Only in Finland can you see and communicate with the real Santa Claus.
- This is the best place to master your skiing skills.
- Breathe the cleanest air in Europe.
- Take a steam bath in a real Finnish sauna, of which there are a huge number in the country.
- There is no fear of losing your wallet or mobile phone here. After all, Finland is the safest country where lost things are always found and returned.
- There are a surprising number of coffee shops to visit.
- Finland is also the birthplace of the Angry Birds and Moomin games.
- This is the most amazing language.
- Finland hosts a huge number of different festivals throughout the year.
It would take a long time to list what Finland is the best at. But even here nothing comes for free, and you need local currency.
Finland: country currency
Today Finland is a member of the European Union, so the national currency is the euro (EUR, €). Strictly speaking, as in other European countries. The currency of Finland before the euro is the Finnish mark.
One euro is divided into 100 cents. Each member of the European Union issues its own coins with unique designs, but Finland's currency on banknotes looks the same as other countries. Each of the coins is legal tender in any of the eurozone countries.
A surprising fact about Finland: it doesn't use one- and two-cent coins. All amounts are rounded to the nearest five. Therefore, Finnish one- and two-cent currencies are highly valued by collectors.
The euro is quite easily converted from any other currency. Receipt or exchange of money is carried out at Otto ATMs, located almost anywhere in the country and working with international credit and debit cards Visa, Visa Electron, Mastercard, Maestro.
By the way, the currency of Finland on the Åland Islands is the Swedish krona, and you can pay with it here in addition to the euro.
Credit cards are widely accepted, but identification will be required for purchases of more than €50. Visa Electron and Visa Debit are accepted in all large and small stores.
Banks are open from half past nine in the morning until half past four in the evening, and exchange offices do not close until midnight.
Expenses
- In Finland, it is not customary to tip waiters, as they are already included in the bill.
- In a taxi, the amount may be rounded to a whole number.
- Cloakroom attendants at clubs, as well as hotel workers, are usually given a tip of three euros.
- The cheapest hotels cost about 50 euros per night.
- To get to museums or visit famous attractions, you should pay between five and twenty-five euros for a ticket. Depends on the specific location.
- Traveling between major cities by train or bus will cost at least twenty euros one way.
- Private currency exchange offices offer very unfavorable rates. Therefore, it is better to use the services of banks or ATMs.
Purchases
The most common souvenirs from Finland are knives, carpets and all types of deer figurines, glassware and porcelain.
Small shops here are open from nine to eighteen local time. On Saturday, most are open part-time, and on Sunday they have a rest.
Large retail outlets will most often wait for you until nine o'clock in the evening on weekdays and until six on weekends. If you want to buy something after this time, gas stations remain at your disposal. By the way, it is absolutely not uncommon for Finland that the same product in completely different stores costs the same.
It is worth noting that when visiting Finland, amounts exceeding ten thousand euros must be declared if you enter or leave the European Union.
Finland is a wonderful country that has had its own currency for a long time. But after joining the European Union, the euro became the everyday currency in Finland. From the point of view of currency exchange, there are no restrictions on the export and import of foreign money in this state. In addition, in Finnish lands, any tourist can find many banks and ATMs that accept most modern cards.
History of Finnish money
The Finnish mark was the popular national currency of Finland until 2002. The stamp consisted of 100 units of pennies. During times of popular unrest and international wars, the mark in Finland was squeezed either by rubles or by Swedish riksdalers. But in 1860, Emperor Alexander issued a decree according to which only the mark was now in use on the lands of the Principality of Finland. At that time, the mark was equal to one quarter of the Russian ruble. In 1865, this banknote was equated to the silver standard. Later, in 1878, the brand was granted the gold standard. This state of affairs continued until the First World War. After the end of hostilities, all old stamps were exchanged for new banknotes. Before the introduction of the euro, people paid with 10 and 50 penny coins and used banknotes from 10 to 1000 marks.
Changing currencies: from mark to euro
In 1999, all countries that are part of the European Union exchanged their own money for the euro. Since monetary units cannot be changed in a short period, a complete transition to the euro was carried out only in 2002. Today, the euro is the only currency system used for payments in Finland.
Such popularity of the euro does not cancel the exchange of foreign currencies on the territory of the Finnish state. You can exchange dollars, rubles and currencies of other countries at local banks. On weekends, exchange is carried out at airports, on ferries, and in large hotels. On weekdays, exchange at a favorable rate can be made in public and private banks.
Sometimes Finnish employees may require the presentation of a passport to exchange currencies; this information should be taken into account by those who decide to visit Finnish lands for the first time.
Historians call Finland a country where the national currency appeared before the independence of the state. Old Finnish stamps could be exchanged in the Nordic country until 2012. In ordinary life, Finns are so accustomed to the new currency that they cannot imagine any other method of payment. Few people remember that the old Finnish stamps depicted writers, Olympic champions, architects, composers, statesmen, and even linguists.
Today, all euro coins with cent denominations feature images of swans, cloudberries and various landscapes. On the reverse side they depict the coat of arms of this wonderful country. The proud heraldic lion occupies a central place on them.
In addition to standard denomination coins, there are 2 euro commemorative coins in circulation in Finland. These coins are associated with important events taking place in the country. Finnish euros are considered a fairly stable currency, they are not subject to strong exchange rate fluctuations, and inspire confidence among local citizens and foreign investors.
The modern state currency of Finland is called the euro and is common to most countries in the Eurozone. However, until relatively recently, in the territory of this small republic located in northern Europe, the Finnish mark was used as a means of payment.
Description
Many Russians do not know what the currency is in Finland today, since it switched to the pan-European monetary unit not so long ago, in 2002. Externally, the Finnish euro is practically no different from the euro used in the territory of another state in the EU.
Much more interesting is the old monetary unit of the state, which was called the Finnish mark. It was divided into 100 pennies, and its letter code for designation on the international financial market looked like FIM.
History of the currency of Finland
In the Middle Ages, when the territory of the country belonged to Sweden, Swedish riksdalers were used here. Since the beginning of the 18th century, when the Russian Empire began to lay claim to this territory, the money of Sweden and Russia has been in circulation on equal terms.
This situation existed until 1809, when Finland finally became part of the Russian Empire. Since then, the Finns began to use only rubles. However, in 1860, by decision of the emperor, Finland's own national currency was created - the mark.
This monetary unit remained even after gaining sovereignty at the beginning of the 20th century. However, various reforms were adopted and the currency was modified.
Transition to the euro
The decision of the EU members to switch to a common currency was made on January 1, 1999. On January 1, 2002, the replacement of Finnish marks with euros began. In Finland, the exchange rate at which the exchange took place was 1 EUR to 5.94573 FIM.
For two months, marks and euros were used in parallel throughout the country. From March 1, the euro became the only legal tender. Stamps could be exchanged in banks until 2012.
Rate
If we talk about the modern payment unit euro, then the exchange rate is known to almost everyone who follows the news. As of July 2018, the approximate value of the Finnish currency at the exchange rate to the ruble is 1:73. Accordingly, for one ruble you can get only 0.014 euros.
But few people know how much the Finnish mark was worth in relation to the ruble or other currencies of the world. As of December 28, 2001, the rate at which the Central Bank of the Russian Federation valued FIM was approximately 4.45:1. That is, for one stamp you could get almost 4 and a half rubles. Accordingly, for one ruble they gave about 0.22 marks.
Today, the Finnish mark is no longer used, so it is extremely difficult to predict how much it would cost in relation to the ruble.
Exchange operations
Finland is one of the most highly developed countries in the world with a powerful economy and a high standard of living. Many tourists come here from all over the world, so exchanging money is not difficult. A big plus for Russians is that many financial institutions exchange rubles for euros without any problems. This is due to the huge number of tourists from the Leningrad region and Karelia, who come to the country in thousands for vacation and shopping.
However, it is much easier, more convenient and more profitable to exchange rubles for euros in Russia in advance. Conversion occurs at a more favorable rate than in Finland.
You can also exchange dollars without difficulty, but there may be problems with other currencies.
Cashless payments
Electronic currency in Finland is accepted almost everywhere: in restaurants, cafes, bars, hotels, supermarkets and boutiques, as well as in taxis, public transport, etc. Therefore, there will be no problems with paying for a purchase or service using a bank card.
If necessary, you can easily withdraw money from ATMs, which are located literally at every step. Although a commission for withdrawals from foreign cards is charged, it is, as a rule, not too large.
Payment through contactless apps like Apple Pay or Andriod Pay is also accepted almost everywhere. Moreover, this method is becoming more and more popular every year.
Conclusion
Finland is a modern European state that stands out in terms of its level of development, even compared to many other European countries. There is a rich culture and history here, but most of all tourists are attracted by the beautiful nature and excellent conditions for a shopping tour.
People also often come to Finland to earn money or get higher education. The level of wages in the country is higher than in many European countries, and averages 2-2.5 thousand euros per month. The Finnish educational system is considered one of the most progressive and effective in the world, so many people strive to get a diploma here.
Thanks to the large influx of foreigners into the country, interest in it is growing very quickly. The use of a common European currency in Finland makes visiting it much easier for foreigners who do not need to study the financial system or search for exchange offices.
