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In total, the value of the markka had decreased 40% as a result of the recession. Also, as a result, several entrepreneurs who had borrowed money denominated in foreign currency suddenly faced insurmountable debt. [8] Inflation was low during the markka's independent existence as a floating currency (1992–1999): 1.3% annually on average. [5]
Helsinki [a] [b] is the capital and most populous city in Finland.It is on the shore of the Gulf of Finland and is the seat of southern Finland's Uusimaa region. About 684,000 people live in the municipality, with 1.26 million in the capital region and 1.6 million in the metropolitan area.
Texas dollar – Republic of Texas; Tobagonian dollar – Tobago; Trinidadian dollar – Trinidad; Trinidad and Tobago dollar – Trinidad and Tobago; Tuvaluan dollar – Tuvalu (not an independent currency, equivalent to Australian dollar) United States dollar – United States. See also International use of the U.S. dollar; Zimbabwean dollar ...
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Finland covers a total area of 338,145 square kilometres (130,559 sq mi), including a land area of 303,815 square kilometres (117,304 sq mi), [4] and has a population of 5.6 million. [10] Helsinki is the capital and largest city. The vast majority of the population are ethnic Finns.
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [1] when they meet the five convergence criteria. [2]
The Texas dollar was the currency of the Republic of Texas. Several forms of currency were issued, but an ongoing economic depression made it difficult for the government to provide effective backing. [1] The republic accepted the standard gold and silver coins of the United States, but never minted its own coins. [2]
Helsingfors 1776-1777. Helsinki was founded by Swedish King Gustav I in 1550 as the town of Helsingfors.Gustav intended for the town to serve the purpose of consolidating trade in the southern part of Finland and providing a competitor to Reval (today: Tallinn), a nearby Hanseatic League city which dominated local trade at the time.