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Currency

The Croatian currency is the kuna, which was introduced in 1993. One kuna is worth 100 lipa. Kuna banknotes come in 1000, 500, 200, 100, 50, 10 and 5 kuna denominations. Kuna coins come in 5, 2 and 1 kuna values. Lipa coins come in 50, 20, 10, 5, 2 and 1 lipa values, although 50 and 20 lipa coins are the most commonly used. To view images of Croatian currency, visit this site: http://www.kcshop.com/imagegallery/Croatia.htm

Cost of Living

The value of the kuna is linked to the value of the Euro. Rates for hotels and other accommodation are frequently posted in Euros, but you will pay in kunas at the current exchange rate.

Prices are slightly higher overall when compared with other Eastern European countries, but the cost of living is still lower than that of much of Western Europe. Prices vary widely by region. For example, Zagreb and Dubrovnik are relatively expensive compared to prices in northern Dalmatia and the outlying islands

The average wage at the end of September 2003 was about $650 a month.

Local transportation, food, and most entertainment (theater, concerts etc.) tickets are reasonably priced. It is not easy to find budget accommodation.

There are numerous places to exchange foreign currency (including Post Offices), all offering similar rates. Exchange offices charge a commission but some banks do not. Note: it can be difficult to exchange Hungarian currency in Croatia.

ATM's are located within most banks as well as in public areas throughout the country and are available for credit card advances.

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