Get the best exchange rate between the US dollar and Croatian kuna
When sending money to someone in Croatia, the best exchange rate can often found using an online money transfer service. These services offer:
Faster transactions than most banks
Strong exchange rates
Cash pick-up if your recipient requires that
People traveling to Croatia can either exchange US dollars to Croatian kuna before the trip or when arriving in the country. There are plenty of ATM’s in the country, so bringing an international credit or debit card with you and withdrawing local currency is also fine — just be mindful that your card company may charge overseas usage fees.
The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Sub unit symbol:
$1, $5, $10, $20, $50, $100
1c, 5c, 10c, 25c, 50c
The kuna has been the official currency of Croatia since 1994, after the breakup of Yugoslavia. Kuna is the Croatian word for a ferret-like animal called a marten. It is pegged to the euro, and has hopes of joining the European Monetary System.
Sub unit symbol:
5, 10, 20, 50, 100, 200, 500, 1000kn
1lp, 2lp, 5lp, 10lp, 20lp, 50lp, 1, 2, 5, 25kn
What affects exchange rates between the US dollar and Croatian kuna?
As a member-state in the European Union, the Croatian economy is closely linked to the overall European economy. Because of this, the exchange rate between the kuna and US dollar closely follows that of the euro and US dollar.
Even though Croatia is an EU member, they don’t use the euro as their currency yet. Discussions on introducing the euro are happening in Croatia, with many important institutions such as the Croatian Central Bank arguing that they should join the Eurozone.
Factors that can affect the exchange rate between the US dollar and the Croatian kuna include:
Political developments in the United States, Croatia or the EU
Economic growth in either country
Interest rate changes in either the US or Croatia
Did you know?
Interest rates are usually the main determinant for exchange rates of any currency. Generally speaking, the country with rising interest rates will also have a strengthening currency compared to countries with lower interest rates. This happens because higher interest rates work as an incentive for foreign investors to buy local currency and deposit it in a bank to earn the higher interest rate.
Send money from USD to HRK
How does the Croatian kuna trade against the US dollar historically?
The kuna has been the official currency of Croatia since 1994. It was originally pegged to the old German mark, but effectively switched to a peg with the euro when Germany made the switch to euros.
From 2008 to 2009, the exchange rate of the Croatian kuna gradually declined against the US dollar. From a high of 4.5 kuna for 1 dollar, the value dropped sharply by the end of the year.
By early 2009, you would need about 5.8 kuna to get 1 US dollar.
Between 2009 and 2011, the currency experienced a period of unstable exchange rates compared to the dollar, before the rate finally stabilized at around 5.7 kuna per dollar in early 2012.
In 2014, a new period of sharp decline began for the kuna, dropping from about 5.5 kuna per dollar to 7.2 kuna per dollar over the course of that year.
Since 2015, the exchange rate between the US dollar and the Croation kuna has been relatively level with a strengthening of the kuna seen in early 2017.
US Dollar to the Croatian Kuna for the last 10 days
1 USD =
US Dollar to the Croatian Kuna for the last 10 months
1 USD =
US Dollar to the Croatian Kuna for the last 10 years
Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
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