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Currency and interest rates
Currency refers to the money and monetary unit in a certain country. The exchange rate is a reflection of how the value of one currency relates to that of another. You can find exchanges rates on the website of the Bank of Finland. These are the rates for the euro from the European Central Bank (ECB) based on the prevailing market rates.
The interest rate is the price of money, i.e. interest determines the time value of money when it is being lent. The Bank of Finland’s website also gives information on different interest rates, e.g. the Euribor, the inter-bank reference rate, basic interest rates, rates on arrears and the ECB’s interest rates.
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All of Finland
- Base rate and penalty interest
The Ministry of Finance confirms the base rate of interest for half a year at a time each June and December. The reference rate used in determining penalty interest is confirmed by the Bank of Finland.
Ministry of Finance - Annulled notes ja coins
Information about annulled Finnish banknotes and coins. The Bank of Finland will not convert mark banknotes or coins into euro after 29 February 2012.
Bank of Finland - Euro banknotes and coins
Using euro notes and coins. History of the euro, security issues, general information.
European Central Bank ECB - Exchange rates
Exchange rates published by the European Central Bank.
Bank of Finland - Interest rates
Statistics on Finnish interest rates. Daily and monthly Euribor quotes, Eurosystem interest rates, central bank interest rates, Finnish bank deposit rates, lending and deposit rates, rates on new lending to households, reference rates.
Bank of Finland
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