The second Estonian kroon currency was introduced in 1992, after Estonia gained independence from the USSR. The kroon was subdivided into 100 cents (senti; singular sent). The one kroon coin was a popular circulating denomination; there was also a banknote with the same value, but the banknote was only issued in 1992 and was rarely used, as opposed to the coin.
This second type of 1 kroon coins was introduced in 1998, when the earlier copper-nickel 1 kroon coins were discontinued due to their similarity to the German one mark.
Coins issued in 2006 circulated for only five years until 15 January 2011 when they were demonetised and replaced with the Euro, when Estonia joined the Euro currency.
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