Croatia enters the Eurozone as of 1.01.2023
From 1 January 2023, Croatia enters the Eurozone. The exchange rate has been set at 7.53450 kuna per 1 euro. This is great news for sailors from the Eurozone and beyond. You will no longer have to bother with the currency exchange and the problem of leftover Kuna after the holidays will disappear. In addition, questions such as in which currency the deposit, final cleaning or extras are payable will no longer arise.
This is also an advantage for people with a currency other than the euro, as you can use the money left over from holidays in many other countries such as Italy, Spain, Portugal and Greece.
Leaving aside the charter fees themselves, when going to a restaurant or for a drink it is probably easier for anyone to analyse prices in Euros than in Kuna and comparing prices with other European resorts less troublesome.
Croatia is changing its currency to the Euro, but what about the Kuna?
Do you still have Kuna from last summer and wonder if they will be lost? Not at all! Kuna will be in circulation until the end of 2023. From 5 September this year, all retail and service outlets will have to accept payments in both euros and kunas. Prices in both currencies will then appear on shop shelves. This transition period will last until the end of 2023, after which the euro will be the only currency.
Are there any downsides to Croatia joining the Eurozone? The only downside we can think of at the moment is a possible increase in prices, as happened in some European countries after the change to the Euro. However, hopefully in this case it will be different.
With sailing greetings
Klaudia from YACHTIC.com