1860day.year
The declaration on the introduction of the Finnish markka as an official currency is read in different parts of the Grand Duchy of Finland.
In 1860, Finland introduces the markka as its official currency across the Grand Duchy, marking a step toward economic autonomy.
On April 4, 1860, the declaration establishing the Finnish markka as the official currency was formally read throughout the Grand Duchy of Finland. As an autonomous province within the Russian Empire, Finland gained a distinct monetary identity by replacing the Russian ruble with the markka. The new currency was divided into one hundred penni and remained in use until Finland adopted the euro in 1999. This reform bolstered local trade, strengthened banking institutions, and fostered economic growth. The markka’s introduction also symbolized growing national consciousness and self-governance. It stands as a significant milestone in Finland’s journey toward full independence.
1860
Finnish markka
Grand Duchy of Finland