If you plan to set sail in Croatia in 2023, you'll encounter two significant changes on the horizon. As of January 1st 2023, Croatia not only joined the Schengen zone but also adopted the euro as its currency.
What does that mean if you plan to travel to Croatia? Well, for one, you won't have to go through the painstaking process of waiting forever in the bank or the currency exchange kiosk when entering and leaving the country.
There will also be no need for any more brain-numbing mathematical equations in stores or restaurants.
But make no mistake about it. While times are changing, other things will forever remain the same.
With more than a thousand islands adorned with dreamy, sun-drenched beaches, the Adriatic coastline offers you an array of history, culture and landscapes to soak in. The truth is, there is no greater pleasure than lounging shoreside in Croatia – it's simply one of life's purest joys.
Want to dive right in? First, we should discover what the latest changes mean for those travelling to Croatia.
Let's start with Schengen.
Croatia in the Schengen Zone
Croatia has now joined the Schengen Zone, an area made up of 26 other European countries that have abolished passports and other types of internal border controls at their mutual borders. The agreement that created the Schengen Zone was signed in the village of Schengen in Luxembourg in 1985, and it has since been expanded to include most EU member states and a few non-EU states.
The 27 countries in the Schengen Zone are:
- Austria
- Belgium
- Croatia
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
The main benefit of the Schengen Zone is that it allows for the free movement of people, goods, and services within the area, making it easier for travellers to move between countries without having to go through border checks or visa processes. This makes travelling within the Schengen Zone more convenient and efficient for both tourists and businesses.
Another important factor is the improved security in the EU, as Schengen allows better cooperation between police forces.
Croatia in the Eurozone
While joining the Eurozone is not a mandatory part of being in the European Union, Croatia decided to swap its previous currency, the kuna, in favour of the euro.
There are several reasons as to why countries choose to do this:
- Economic stability: The Euro is a stable and well-respected currency, and by using it, countries can reduce their currency risk and increase the predictability of their economic performance. Croatian officials believe adopting the euro will strengthen the economy, particularly during challenging economic times and inflation.
- Increased trade: The Euro is the second most traded currency in the world. Using it, countries can facilitate trade with other European countries and improve their economic integration with the rest of the EU.
- Lower transaction costs: Using a common currency eliminates the need for currency exchange, which can be costly and time-consuming.
- Greater competitiveness: Being part of the Eurozone allows countries to participate in the EU's single market, which can increase their competitiveness in the global economy.
- Political benefits: Adopting the Euro can be seen as a sign of a country's commitment to the EU and European integration.
How the Euro in Croatia Eases Travel
For those counting down the days until that sunny Croatian vacation, there are plenty of benefits to adopting the euro for travellers.
The truth is planning a trip can be overwhelming and confusing. One benefit of visiting Eurozone countries is that it can make your travel experience more seamless and stress-free. By using the euro, you can avoid the hassle of currency exchange, which can save you time and money.
Additionally, with a single currency, it will be easier for you to compare prices and make informed purchasing decisions, helping you stick to your budget. Furthermore, you won't need to worry about fluctuation in exchange rates and can better understand how much things cost, making it easier for you to plan your finances for the trip.
Using the euro also eliminates the need for currency exchange, which can be costly and time-consuming. It can also save you money, especially if you plan on making multiple transactions. It simplifies travelling by reducing the number of currencies you need to be familiar with, making it easier for you to navigate unfamiliar places and make purchases.
Furthermore, the euro is widely accepted throughout the Eurozone, which means that you can use it with ease and without having to carry large amounts of cash or multiple credit cards, reducing the risk of being stranded without access to funds.
In Croatia, you can withdraw euros from any ATM in the country. If you have kune left over from your past trips, you might wonder where can I exchange kunas to euro? You can do this at post offices, commercial banks and the Financial Agency (FINA).
Final Word
Sailing in Croatia is a popular way to explore the country's beautiful Adriatic coastline and islands. The clear waters and mild climate make it an ideal destination for sailing, and there are many options available for both experienced sailors and beginners.
You can charter a boat independently or hire a skipper, allowing you to visit some of the most beautiful and secluded spots along the coast and explore the many charming towns and villages that dot the islands.
Travelling to Croatia in 2023 is now that much easier with the adoption of the euro and the ability to travel without borders in the Schengen Area. For any other information you might need regarding Croatia’s new currency, please do not hesitate to get in touch.
