Thursday, 5 May 2022

Estonia to release new two-euro coin designed by Ukrainian refugee

Eesti Pank was in search of a way to support Ukraine in their fight for freedom and decided to run a design competition open to Ukrainians. The winning design was created by Daria Titova, who is originally from Kharkiv, and is currently studying at the Estonian Academy of Arts. The coin features a girl as a symbol of tenderness, protecting a bird in her hand. The design also features an ear of wheat. The text on the coin 'Slava Ukraini' symbolises the independence and resistance of Ukraine. It is the first time that a coin issued by Eesti Pank features text in a foreign language.

The specially designed coin will start to go into circulation at the end of this year, however Eesti Pank will start to sell a coin card featuring the same coin this summer. Revenue from selling the coin card will go to the Ukrainian central bank. Eesti Pank is initially planning to produce 40,000 coin cards, but is prepared to increase the number if demand should prove strong.