Noun
formerly the basic unit of money in Finland
Source: WordNetIt has been speculated that if Finland had not joined the euro, market fluctuations such as the dot-com bubble would have reflected as wild fluctuations in the price of the markka. Source: Internet
All coins below 1 markka had ceased to be produced by 1948. Source: Internet
As a result, the nominal value of markka was extremely high and in the year 1990, Finland was nominally the most expensive country in the world. Source: Internet
However, the markka suffered heavy inflation (91%) during 1914–18. Source: Internet
In 1963 the markka was replaced by the new markka, equivalent to 100 old markkaa. Source: Internet
The dual circulation period – when both the Finnish markka and the euro had legal tender status – ended on 28 February 2002. Source: Internet